Matarbari Coal Fired Plant begins production
Wedoany.com Report-Dec 02, One unit of Matarbari Ultra Super Critical Coal-Fired Power Plant began generation on Thursday. But the unit will go into full generation on Saturday said Acting Managing Di...
G7 Commits to Phasing Out Coal by 2035 with Exceptions
Wedoany.com Report-Dec 02,The Group of Seven(G7) nations reached a significant climate agreement this week, committing to end the use of unabated coal by 2035. This marks a pivotal moment in global cl...
China’s Cut To Coal Power Share Is A Rare But Key Climate Win: Maguire
Wedoany.com Report-Dec 02, China’s power firms are on track to cut coal’s share of annual electricity generation to below 60% for the first time in 2024, which would mark a major milestone...
Peabody To Acquire Anglo’s Australian Met Coal Assets
Wedoany.com Report-Nov 29, Peabody announced this week that it has agreed to acquire Anglo American’s coal assets for $2.32 billion in cash. The deal will meaningfully accelerate the company&rs...
Drax : Fossil Fuel Power Generation Hits Record Lows As UK Says Farewell To Old King Coal
Wedoany.com Report-Nov 29,The record low was followed by the symbolic end to coal-fired power generation in Britain with the closure of Ratcliffe-on-Soar power station, making the UK the first major e...
Rise Of China’s Xinjiang As Coal Hub Undercuts Climate Goals
Wedoany.com Report-Nov 28, The western region of Xinjiang is emerging as a fourth hub for Chinese coal production, creating a new well of cut-price supply just as the country tries to start weaning it...
Anglo American Agrees Sale Of Remaining Steelmaking Coal Portfolio To Peabody Energy
Wedoany.com Report-Nov 27, Anglo American has entered into definitive agreements to sell the entirety of its steelmaking coal business, generating up to US$4.9 billion in aggregate gross cash proceed...
JPMorgan Pursues Deals to Finance Shutdown of Coal-Fired Power
Wedoany.com Report-Nov 26, JPMorgan Chase & Co. is actively pursuing deals to finance the early shutdown of coal-fired power plants, joining a list of global banks that are rethinking their approach t...
B&W to Convert Coal Plant to Gas for AES Indiana
Wedoany.com Report-Nov 23, The B&W Thermal business of Ohio-based Babcock & Wilcox (B&W) has received full notice to proceed under an agreement for a coal-to-natural gas conversion project at AES Indi...
Indonesia’s Prabowo Vows to Retire All Coal Plants In 15 Years
Wedoany.com Report-Nov 22, Indonesia President Prabowo Subianto said the government plans to retire all the nation’s coal power plants within 15 years to help stem global warming. The country wi...