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Category: Global News

Global NEWS

The House of Representatives has asked the Nigerian Electricity Regulatory Commission (NERC) to reinstate the suspended board of Ibadan Electricity Distribution Company (IBEDC). This was stated on Wednesday by the Chairman, House Committee on Power, Dan Asuquo, who said he was issuing a 48-hour ultimatum, during the investigative public hearing on the ‘Need to save […]

PARIS: French oil and gas major Total said it had signed an agreement with KKR-Energas to acquire its two gas-fired power plants in the north and east of France, to strengthen its power generation capacity. The two plants represent an electricity generation capacity of about 825 megawatts. The group, which is expanding in the French […]

PARIS: French oil and gas major Total said it had signed an agreement with KKR-Energas to acquire its two gas-fired power plants in the north and east of France, to strengthen its power generation capacity. The two plants represent an electricity generation capacity of about 825 megawatts. The group, which is expanding in the French […]

ACWA Power, a Saudi developer, owner, and operator of power generation and water desalination plants, has announced that China’s Silk Road Fund will acquire a 24.01% equity interest in the 700MW DEWA Concentrated Solar Power (“CSP”) project in the United Arab Emirates. The project will be jointly invested and developed by Dubai Electricity and Water […]

Muscat: In collaboration with the Egyptian Ministry of Electricity and Renewable Energy, Siemens and its consortium partners, Orascom Construction and Elsewedy Electric, announced on Wednesday the completion of the Egypt megaproject in record time. The parties celebrated the combined cycle commissioning and the start of operations at the BeniSuef, Burullus and New Capital power plants. […]

The Indian state of Karnataka has become the new national leader in renewable energy generation, according to a new report by the Institute for Energy Economics and Financial Analysis. Karnataka, which is on the southwest coast of India and has a population of more than 60 million people, had a total of 12.3 GW of […]

The Department of Energy has issued an electricity generation licence to Barakah One Company, the joint venture subsidiary company owned by the Emirates Nuclear Energy Corporation (ENEC) and the Korea Electric Power Corporation (KEPCO). The licence is a key regulatory requirement before operation of the first of four reactors at Al Dhafra, Abu Dhabi, a […]

Cairo: Kuwait intervened to help Iraq through its electricity crisis, sending fuel to operate the suspended power plants in southern Iraq and 17 generators, to mitigate the electricity crisis in Basra. Iraq electricity crisis started last week when Iran decided to cut electricity and fuel supplies. Nationwide protests were taking place for the last two […]

Electricity distribution companies (DisCos) in Nigeria have warned that uninterrupted electricity supply may be elusive in the next five years if the challenges hampering the progress of the power sector are not addressed.The Executive Director, Research and Advocacy, Association of Nigerian Electricity Distributors, Mr. Sunday Oduntan, told a news conference in Lagos on Tuesday that […]

Renewables are well-placed to make up a third of Australia’s National Electricity Market (NEM) within two years, as a number of states has made remarkable progress in adding renewable capacities, finds Green Energy Market in its latest analysis. This almost doubles the 2015 rate when renewables contributed just 17.3% of annual electricity consumption and far […]

CAIRO — Egypt inaugurated several power generation projects, including three electricity plants built by the German conglomerate Siemens, in a ceremony Tuesday attended by President Abdel-Fattah el-Sissi, government ministers and officials. The three combined-cycle power plants were built by Siemens at a cost of 6 billion euros, or $7.2 billion. They are in Kafr al-Sheikh […]

India has gradually strengthened its position as an electricity exporting nation. India is now exporting power to Bangladesh, Nepal, and Myanmar. Replying to a question in Lok Sabha, the minister for Power, R.K. Singh, stated, “India is currently supplying around 660 MW power to Bangladesh and it would increase by 840 MW after completion of […]