News & Press Releases
News & Press Releases
Statkraft to purchase renewable energy from BayWa r.e. in Spain
European renewable energy company Statkraft has signed a power purchase agreement (PPA) with BayWa r.e. in Spain for the Tordesillas solar farm.
As per the ten-year PPA, BayWa r.e. will supply 100% renewable energy to Statkraft, which will be supplied...
News & Press Releases
Exxon, JERA of Japan sign MOU with Vietnam for LNG power station
Exxon Mobil Corp, JERA, Japan’s biggest power generator, JERA, and the Vietnamese city of Hai Phong have signed an agreement to build an integrated LNG power station in the port city.
Coal is slowly going out of favor as countries...
News & Press Releases
Japan not eyeing new reactors to help reach 2050 carbon-neutral goal
For the world's fifth-biggest emitter, reining in emissions from utilities that contribute about 4/5ths of carbon dioxide output is key to achieving the deadline set by its new prime minister, Yoshihide Suga.
Japan not eyeing new reactors to help reach...
News & Press Releases
Vietnam firm launches country’s largest solar farm amid renewables drive
Vietnam's Trung Nam Group on Monday launched a 450-megawatt solar farm, the largest of its kind in the Southeast Asian country, which is seeking to boost the proportion of renewables while reducing dependence on coal in its power mix.
Located...
News & Press Releases
India’s largest thermal power firm is moving away from coal
The state-owned utility NTPC’s recent announcement that it will stop pursuing new coal-fired power projects is part of an ongoing strategic shift into renewable energy by India’s largest thermal power generation company.
NTPC’s long-term target of about 32 GW of...
News & Press Releases
Global transformation of the electricity sector requires greater efforts to ensure security of supply
The electricity sector, which plays a large and growing role in energy systems around the world, is undergoing its most dramatic transformation since its creation more than a century ago. The importance of electricity is only set to increase...
News & Press Releases
Philippines weighs starting dormant nuclear plant
President Rodrigo Duterte decided recently to explore the feasibility of using nuclear power by establishing a cross-ministerial organization. The move could lead to a full-scale debate over the issue, with the view of resolving the country's chronic power shortage.
There...
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