11 November 2024
11 November 2024
COP29 is expected to spotlight climate finance as well as mining’s role in ensuring a just energy transition, while paving the way for future climate pledges.
The clean energy sector has become a prime target for short sellers amid rising inflation and interest rates.
The divestment is based upon Nexans' desire to focus its efforts on its Electrification segment.
The project could potentially generate 2.4GW of offshore wind energy, enough to power 800,000 homes.
The regulator plans to prioritise projects that can become operational within five years.
The permit allows Oklo to proceed with the development of its commercial advanced fission power plant.
GE Vernova supplied two 7HA.02 gas turbines, one STF-D600 steam turbine, two HRSGs, and three H65 generators for the facility.
Lagos has a demand for 6GW of electricity but currently receives only up to 2GW from the national grid.
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