Nearly half of the projects awarded under the re-launch of South Africa's renewable power purchase programme have failed, two government sources told Reuters, undermining plans to use wind and solar to ease the nation's power crisis.
Electricity demand from customers of the Arizona Public Service (APS) soared to an all-time peak for the second time in a week, on July 15, mirroring similar trends in Texas as grid operators grapple with a heatwave in parts of the United States.
Most stock markets in the Gulf ended higher on Tuesday on bets for an imminent end to U.S. interest rate hikes, although the Saudi index eased on volatile energy prices.
Demand for power in Texas will likely hit more record highs this week as homes and business keep their air conditioners cranked up to escape another heatwave.
Portuguese power company EDP is preparing substantial investments in Brazil, its CEO told Reuters, including a possible green hydrogen plant that could export to Germany.