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Renewable Energy
AfDB approves $1 billion guarantee from the United Kingdom to support SA’s Just Energy Transition
The Board of Directors of the African Development Bank Group has approved a $1 billion guarantee program in collaboration with the UK Foreign Commonwealth and D…
Coal Production
Coal Generation Decreased in 2022, but Overall U.S. Emissions Increased
U.S. coal-related CO2 emissions decreased by 7%, or 68 million metric tons (MMmt), in 2022 relative to 2021. This decrease was largely due to an 8% decline in c…
Solar Power Plant
6.5 GW of New Solar Was Added in 2023, a 35% Increase Since 2022
(Image by Sebastian Ganso from Pixabay)The U.S. solar industry added 6.5 GW of new electric generating capacity in Q3 2023, a 35% year-over-year increase as fed…
Geothermal Power Plant
Zimbabwe to Build First Utility-Scale Geothermal Power Plant
Zimbabwe (source: Ulrika / flickr, Creative Commons)Zimbabwe has announced plans of constructing a 10-MW geothermal power plant at the Chimbwawata Hot Springs i…
Coal-Fired Power Plants
EIA: Coal Generation Decreased in 2022, but Overall Us CO2 Emissions Increased
US coal-related CO2 emissions decreased by 7%, or 68 million metric tons (MMmt), in 2022 relative to 2021, according to the US Energy Information Administration…
Offshore Wind Power
UK Seeks 10 GW of Offshore Wind Projects in 2024 Auction
The British government could award 10 gigawatts (GW) of offshore wind projects in next year’s renewable energy auction, after it increased the level of su…
Carbon Capture
Canada Oil Sands Carbon Capture Project to Make Final Investment Decision in Mid-2025
A truck drives down a street at Syncrude's oil sands operation on May 23, 2006 near Fort McMurray, Alberta. REUTERS/Todd Korol/File Photo Acquire Licensing …
Energy Investment
Global Financial Institutions Jump at Chance to Boost China Presence
Many global financial institutions have been briskly stepping up investments and increasing their presence in China this year, as the country's brightened e…
Hydropower Plant
Capacity of Hydropower Plants in Central Asia Set for 8900MW Increase by 2035, Suggests Edb's Nikolai Podguzov
Nikolai Podguzov, Chairman of the Eurasian Development Bank (EDB) Management Board, has suggested that the capacity of hydroelectric power plants in Central Asi…
Offshore Wind Power
Metsähallitus, Vattenfall Expand Finnish Offshore Wind Project, Increase Capacity to 2 GW
Metsähallitus and Vattenfall have agreed to expand the Korsnäs offshore wind farm in Finland so that the new project area will allow for an increased …
Oil & Gas Technology
Capital Power acquires two natgas-fired power plants in U.S. for $1.1 bln (Nov. 20)
Canadian energy company Capital Power (CPX.TO) said on Monday it was acquiring two U.S.-based natural gas-fired generation facilities in California and Arizona …
Offshore Wind Power
56 MW of Wind Power From Croatia: Nordex Receives Order for N163/6.x Wind Turbines
More than 3,000 MW sold worldwide since the launch of the 6 MW wind turbine type N163/6.X in 2021.Nordex has received an order for 56 MW in Croatia. The largest…
LNG
Capital Power Acquires Two Lng-Fired Power Plants in u.s. For $1.1 Bln
Canadian energy company Capital Power (CPX.TO) said on Monday it was acquiring two U.S.-based natural gas-fired generation facilities in California and Arizona …
Oil & Gas Trade
Turkmenistan Ready to Expand Swap Gas Supplies via Iran
Turkmenistan’s Foreign Minister Rashid Meredov during the Turkmen-Iranian business forum held in Ashgabat stated that Turkmenistan is ready to significant…
Geothermal Drilling
MIGA World Bank Increases Insurance Coverage for Tulu Moye Geothermal, Ethiopia
Drilling rig on site of the Tulu Moye geothermal project, Ethiopia (source: Reykjavik Geothermal)The Multilateral Investment Guarantee Agency of the World Bank …
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