Environment
ACEN inks deal with MAS, Rockefeller Foundation for coal plant phase-out
ACEN inks deal with MAS, Rockefeller Foundation for coal plant phase-out
The agreement will involve the use of Transition Credits for the SLTEC coal plant.
ReNew inks $5.3b deal with ADB for climate mitigation projects
The MOU will cover the development of climate change mitigation and adaptation projects.
Global coal usage and emissions projected to peak in 2023: report
Coal-fired power generation will decline by 10,332 terawatt hours in 2024.
ADNOC and water supply firm launch Masdar’s first district geothermal cooling plant
The project has an initial value of $15b to use the region’s geothermal capabilities.
UAE to fund US$272.3b in sustainable finance by 2030 duringCOP 28
Funds will deploy net zero-emission solutions for a sustainable future.
Ingka Group to invest US$8.13b for renewable energy transition
The company adds US$1.08b of investments for the transition to renewable energy.
Renewable fuels propel global energy transition and CO2 reduction
Renewable diesel and sustainable aviation fuel (SAF) emerge as key players in reducing carbon emissions, with technological innovations and policy...
Policymaking drives solar and wind momentum in Southeast Asia: report
Vietnam leads the way with a 35 TWh increase in solar and 11 TWh in wind.
JERA strikes deal with Yamanashi Prefecture for regional hydrogen value chain
It involves the green hydrogen-generating Yamanashi Model Power-to-Gas (P2G) System.
World Coal Association rebrands as FutureCoal for sustainable push
The organisation aims to be “The Global Alliance for Sustainable Coal”.
UAE turns on world’s largest single-site solar power plant
The 2 GW Al Dhafra Solar PV project is estimated to power 200,000 homes in UAE.
Philippines needs 152TWh more renewable generation by 2050: report
This contrasts the draft report for the market's plan for clean energy.
Aboitiz Power recovering after typhoon setbacks: report
Its distribution sales volumes rose 4.8% year-on-year.
South Korea and Czech Republic join hands for energy expansion
The bilateral cooperation reached $4.2b in 2022.
India’s hydropower firm installed 7,097 MW of renewables
The renewables were generated through the market’s 25 power stations.
Japan firms expand deal with US’ TerraPower for SFR development
The MoU expanded the role of all four parties in the creation of a standard reactor design.
Avaada Energy acquires 1,400 MWp solar project in India
The power purchase agreement will span 25 years.