The company will invest around £10bn (€11.6bn) in its power transmission network by 2026.

The share of renewables in the total daily power production stayed above 50% throughout the month and twice reached 68.4%,

Turkey plans to invest a total of $9.3 billion (TL 66.56 billion) in electricity distribution during the upcoming five-year period

Based on assessments of energy venture capital deal flow, market analyses, and conversations with industry insiders, below are four indisputable utility sector trends -- regardless of whether the 2020 craziness repeats itself -- and the emerging, venture-backed technologies on the market to support the energy transition in 2021.

China grid companies will steadily increase the amount of power purchased from clean generation sources from 28.2% in 2020 to 40% by 2030,

When we shut down the natural gas network and the use of fossil fuels our only source of energy will be electricity, and if 80% or more comes from wind and solar, we are more vulnerable than we were in the 1970s when the oil embargo happened.

The evolution to a more digital and carbon-free grid and industry will continue.

The main priority for the government is the construction of medium-sized and large hydropower plants because they will provide sustainable energy during the energy transition period, she noted.

The two companies will also establish a strategic partnership in the US offshore wind sector, seeking new opportunities.

Coal-based power generation accounted for nearly 79 per cent of the country’s total generation on January 22, the day when all-India peak power demand surged to a record high of 187.3 GW.