coal-fired power plant

South Africa, one of the world’s largest greenhouse-gas emitters, has been granted financing of $497 million to decommission one of its largest coal-fired power plants and convert it to renewable energy, the World Bank said. In...

Operators stated Thursday that Australia’s largest coal-fired power plant will close in 2025, many years earlier than expected, citing the low cost of renewables as a reason. The “influx of renewables” was “undermining the profitability” of...