The CFE's investment plan for this period consists of US$23.4bn, of which US$12.3bn correspond to new generation projects (13,024 MW), US$7.5bn to transmission infrastructure and US$3.6bn to distribution projects.

The U.S. Department of Energy will allocate almost $2 billion for 38 projects that will directly focus on hardening the U.S. power grid.

The U.S. Department of Energy (DOE) announced nearly $2 billion for 38 projects that will protect the U.S. power grid against growing threats of extreme weather, lower costs for communities, and increase grid capacity to meet load growth stemming from an increase in manufacturing, data centers, and electrification.

DOE estimates the U.S. will need approximately 700-900 GW of additional clean, firm power generation capacity to reach net-zero emissions by 2050. Nuclear power is a proven option that could be deployed to meet this growing demand.

DOE announced an investment of $1.5 billion in four transmission projects that will improve grid reliability and resilience, relieve costly transmission congestion, and open access to affordable energy to millions of Americans across the country.

Africa's oil and gas industry holds immense potential, with several countries emerging as key players in both production and future exploration.

As part of the Biden-Harris Administration’s Investing in America agenda, the U.S. Department of Energy (DOE) today announced over $3 billion for 25 selected projects across 14 states to boost the domestic production of advanced batteries and battery materials nationwide.

China was ready to step up cooperation with Africa in industry, agriculture, infrastructure, trade and investment, Xi told delegates from more than 50 African nations gathered in Beijing for the three-yearly Forum on China-Africa Cooperation Summit.

"Africa's vast potential to drive forward climate solutions is being thwarted by an epidemic of underinvestment,"

The Sizewell C Devex Scheme has a total value of GBP5.5bn (€7.2bn) and it is expected to provide the greater flexibility to cover development expenditure costs up to and including FID, subject to appropriate Value for Money (VfM) assessments and approvals at the relevant time.

The CNY7.1bn (US$998m) transmission project will run for 1,271 km between the cities of Shenmu in northern Shaanxi to Lantian in the south.

At the end of 2023, solar and wind accounted for nearly 24% of installed capacity in India, with respectively 73 GW and 45 GW, while hydropower capacity reached 52 GW.

The investments will support a program of equipment upgrades and consumer goods trade-ins launched by China's cabinet in March, the notice said.

In support of the Biden-Harris Administration’s Investing in America agenda, the U.S. Department of Energy (DOE) today announced a $2.2 billion investment in the nation’s grid for eight projects across 18 states

State Grid Corp. of China, which covers more than 80% of the country, will increase spending 13% to 600 billion yuan ($83 billion) this year, the Economic Information Daily reported, citing a budget plan.