News & Press Releases
News & Press Releases
EDP Financing Supports Mexico Solar and Brazil Grid Upgrades
The International Finance Corporation (IFC), part of the World Bank Group, is providing $301 million through two investments with energy company EDP for solar generation in Mexico and electricity network upgrades in Brazil. The projects are expected to improve...
News & Press Releases
Slovakia’s Mochovce-4 Reactor Begins First Grid Operations
Slovakia’s Mochovce-4 nuclear power plant has connected to the national electricity grid for the first time, marking a key milestone in commissioning the VVER-440 reactor unit. Slovenské Elektrárne, the plant’s owner, confirmed that the first of the unit’s two...
News & Press Releases
Rosatom Signs Floating Nuclear Plant Deal with Indonesia
Indonesia has reached an agreement with Russia’s state-owned Rosatom State Corporation to supply electricity from two floating nuclear plants planned for North Maluku, marking the first export agreement of its kind for Russian civilian nuclear power expertise. The facilities...
Africa
Cameroon’s Thermal Power Plants Get CFA52.6B Fuel Tenders
Cameroon’s state-owned electricity company, Socadel, has launched two tenders worth a combined CFA52.622 billion, including taxes, to purchase heavy fuel oil and diesel for 33 thermal power plants across the country. The procurement is intended to meet operating requirements,...
Hydrogen
Germany Announces €8.7bn Hydrogen Funding Framework
Germany’s Federal Ministry for Economic Affairs and Energy (BMWE) has announced 10 measures to accelerate the country’s hydrogen market, including €1.5 billion in carbon contracts for difference (CCfDs), support to convert 4 GW of power generation capacity to hydrogen,...
Australia and NZ
South Australia Advances 12.66 GW Renewable Energy Projects
South Australia has selected four proposed renewable energy developments with a combined capacity of 12.66 GW to progress in the Whyalla West release area of the Upper Spencer Gulf. The projects were chosen through a competitive tender for land...
Asia
Engie India Expansion Targets 7 GW Renewable Portfolio
Engie plans to invest approximately €3 billion in India and increase its renewable energy portfolio from around 2 GW to 7 GW by 2030. The French energy company aims to add about 1 GW of capacity annually, with its...
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