ZIMBABWE: Funding Challenges May Affect Sengwa Project Deadline

Funding may affect the Sengwa coal power project Financiers taking a ”conservative approach” from previous funding…

Enel Sets New Decarbonization Targets

Enel has set new targets for decarbonisation. The company plans to shut down all coal-fired plants…

Island Green Power to Deploy 1GW of Solar PV at UK Coal Sites

Island Green  Power wants to build 2 solar PV plants on coal power station sites. While…

European Electricity Generators Turn to Coal as Gas Shortage Continues

Electricity generators in Europe turn to coal as gas shortages continue Limited supplies from Russia worsens…

FirstRand to Exit Coal Financing for Coal Power Plants Immediately

  FirstRand to end coal financing immediately. The bank will also exit financing for coal mines…

76% of Proposed Coal Projects Called Off Since 2015

Over 76% of coal projects cancelled since 2015. Five countries account for 82% of the current…

SouthAfrica’s New Trade Idea is Debt Relief for Climate Goals

The debt-for-climate concept, which was propagated by International Monetary Fund (IMF) MD Kristalina Georgieva in April,…

ZIMBABWE: RioZim Executives Deny ICBC’s Pulling Out of $3 Billion Coal Power Plant Project

  RioZim executives have denied that ICBC has pulled out of the coal project The RioZim…

Eskom to Reduce Coal Generation Capacity by 2GW this Decade

Eskom plans to shut down three power plants by 2025.  The company will shut down the…

China to Reopen Coal Mines to Meet Rising Power Demand

China plans to reopen several coal mines. This is in response to rising electricity demands. Electricity…