International

Work continues on what would be the largest hydropower project in Angola, a $5.2 billion run-of-river power station that Angolan officials have said could come online as early as 2026. Technology group Voith on Dec. 19 said it is supplying all the electrical and mechanical equipment for the Caculo Cabaca facility, located in the midstream […]

Following a difficult period for the renewable energy industry, firms must begin prioritising foreign exchange (FX) risk management against the rising threat of currency movements. It has been a tough year for the renewable energy industry. The post-COVID inflationary pressures that have gripped the global economy over the last two years are weighing heavily on […]

Negotiators from nearly every country in the world closed COP28 with a decision that—for the first time—formally recognizes the necessity of moving away from fossil fuels to achieve Paris Agreement targets. The decision, adopted on the last day of the two-week 28th Conference of the Parties (COP 28) to the UN Framework Convention on Climate […]

GE Vernova said the company’s turbines will play a major role in supporting renewable energy in Spain through a collaboration with Forestalia, one of that country’s leading clean energy developers. The companies on Dec. 14 said they had a framework agreement in which GE Vernova will install as much as 693 MW of onshore wind […]

South African officials, faced with continued power outages that are hurting the country’s economy, are turning to nuclear power in an effort to support a more reliable supply of electricity. The country has experienced intermittent blackouts, part of a process known as load shedding, since 2008. The outages, imposed by state-owned utility Eskom, have escalated […]

The World Nuclear Exhibition was held in Paris, France, from Nov. 28-30, 2023. Sitting here in France at the World Nuclear Exhibition among 20,000 nuclear stakeholders, it seems a new day for nuclear has arrived. The prospects of carbon-free 24/7 baseload power, a massive workforce and lucrative supply chain means billions of dollars and gigawatts […]

China National Nuclear Corp. (CNNC) announced on Dec. 6 that China’s independently developed high-temperature gas-cooled modular pebble bed (HTR-PM) reactor demonstrator had commenced commercial operation. The HTR-PM project was constructed at a site in Rongcheng, Shandong Province (Figure 1), roughly midway between Beijing and Shanghai in eastern China. Touted as “the world’s first commercially operational […]

U.S. climate envoy John Kerry said the U.S. is ready to work with other governments on research and development of nuclear fusion, as part of efforts to produce more carbon-free energy and combat climate change. Kerry made the announcement Dec. 5 at the COP28 climate conference in Dubai, United Arab Emirates. Fusion has long been […]

The U.S. and 21 other countries have said they want to triple the global generation capacity of nuclear power by mid-century. The pledge, announced Dec. 2 at the United Nations’ COP28 climate summit in Dubai in the United Arab Emirates (UAE), comes as more of the world’s governments say increased use of nuclear power is […]

This year, many of us watched with audible gasps as high temperatures shattered records and extreme weather destroyed homes and displaced people across the globe. These uncontrolled events have undoubtedly strained our old, antiquated electric grids, causing outages and downtime. The Biden administration has stepped up with $167 Million in energy grid resilience funding to assist in modernizing these […]