News in Numbers
89GW
The EU is on track to install a record 89GW of renewable energy capacity in 2025, including 70GW of solar and 19GW of wind power.
$2.2bn
Capital Power has announced the strategic acquisition of two flexible generation assets in the US for $2.2bn: the 1,124MW Hummel station in Pennsylvania and the 1,023MW Rolling Hills plant in Ohio.
27GW
Iraq and the US have signed memoranda of understanding to develop 27GW of power projects in Iraq, including combined-cycle gas power plants and a battery-integrated 3GW solar energy project.
Section 202
President Donald Trump has issued an executive order to streamline processes to enhance the reliability and security of the country’s electric grid under Section 202(c) of the Federal Power Act.
1.2GW
Gemma Power Systems has been notified to proceed with its previously announced engineering, procurement and construction services contract for a 1.2GW natural gas-fired plant in the US state of Texas.