21 July

Cerro Dominador will begin operations at its $1.4bn concentrated solar power plant in Chile this year. The project has already achieved 97% completion. BNamericas quoted Cerro Dominador CSP as saying it will become fully operational in December 2020. The company admitted the project has faced delays due to the lockdown and the pandemic.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Ratings agency ICRA has said electricity demand in India may shrink by up to 6% in the 2021 fiscal year due to the re-imposition of lockdown restrictions across many regions. In its April estimate, the rating agency said the fall would be a nominal 1%. The estimate also said electricity demand across India dropped by 16.2% during the first quarter of 2020 compared to one year ago.

Thailand-based Khonburi Sugar has decided to defer the commercial operation of its new 18MW power plant because of Covid-19. The Bangkok post quoted KBS executive director Issara Twiltermsup as saying: “The new renewable power plant faces a delay. KBS has no expectation as to when the plant will be completed.” Located in Nakhon Ratchasima’s Sikhiu district, the power plant will be fuelled mainly by biomass.

The Czech government has approved an interest-free loan to assist building of a new nuclear power plant. Utility company CEZ is mostly owned by the state, and will use the loan for a planned power station estimated to cost approximately $6.9bn. Citing a government document, Reuters reported the loan will cover up to 70% of the cost. While it would initially be interest-free, an interest of 2% will be charged once the unit is operational.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.