JSW Energy has received approval from the Committee of Creditors to acquire a 3.6 GW coal-fired thermal power plant in Chhattisgarh, central India, from KSK Mahanadi Power Company for INR159.8bn (US$1.8bn). This acquisition entails an operational segment comprising three 600 MW units, totaling 1.8
In a move that has generated significant debate, Alberta has lifted its coal ban, prompting both environmental and political controversy. Critics argue that this decision could have severe environmental repercussions, while supporters claim it could boost the local economy and employment. The
Great Britain experienced a significant surge in wind power generation in 2024, building on a decade-long trend of moving away from fossil fuels towards renewable energy sources. This shift has been driven not only by technological advancements and policy measures but also by a collective national
Indonesia, Southeast Asia’s largest coal consumer, has set an ambitious goal to phase out coal by 2040 and transition to renewable energy. This move aligns with global climate goals and aims to foster national economic development. The plan involves retiring coal power plants at a rate of 3 GW a
The global energy landscape is undergoing a significant transformation as countries gradually move away from coal-based energy production and embrace more sustainable, environmentally friendly alternatives. This shift is driven by economic, environmental, and technological factors, alongside
Despite Uzbekistan's energy minister's 2021 assurance that domestic gas production could meet demand threefold, the current reality paints a starkly different picture. Over the past five years, Uzbekistan has seen a considerable decline in natural gas production, forcing many residents to
