Isabelle Kocher, chief executive of Engie, says the company is in a strong position in its restructuring process and plans to make new acquisitions to continue its growth.
Ghanaian power utility the Volta River Authority is seeking private partners to help boost the efficiency of its gas- and oil-fired power plants.
Saga Energy, the Norwegian solar company, has struck a $2.9bn preliminary agreement to install 2 GW of solar power capacity in Iran.
The decision by the British government to withdraw from the European Atomic Energy Community (Euratom) in tandem with its withdrawal from the European Union, or Brexit, is continuing to cause some concern for the future of the country’s nuclear power industry.
IFC, a member of the World Bank Group, and EBRD are helping Serbia boost its renewable energy production and improve its energy mix by providing a €215m lending package to a joint venture developing a 158 MW wind farm, the largest in the Western Balkans.
China holds its position at the top of the latest EY Renewable energy country attractiveness index (RECAI) after overtaking the US in May this year, while India’s second position in the top 40 country ranking looks increasingly precarious.
A leading cybersecurity expert has warned that “there’s no real cyber insurance out there – it’s not protected”.
The Kingdom of Saudi Arabia’s Sakaka solar power plant has received offers to supply the electricity from the facility at record low prices.
Energy minister Suhail Al Mazrouei says nuclear power is the best choice for the Unite Arab Emirates.
Greek engineering, procurement and construction company Mytilineos has won its first project in Libya with a $400m deal for a new power plant in Tobruk.