News

SEACEF to invest in Skye Renewables

SEACEF to invest in Skye Renewables

This is in pursuit of Skye’s 300Mwp rooftop solar installation target. 

JERA completes Formosa 2 offshore wind project in Taiwan

It installed 47 wind turbines with a total capacity of 376MW.

China’s power consumption up 3.6% YoY in 2022

The growth is slowed that the 10.3% recorded in 2021

Pakistan will continue gas reliance in next decade

Gas-fired power will contribute an average of 31% to its power mix, Fitch Solutions projected. 

ACWA Power raises $479.7m under the Sukuk programme

It is the second phase of the SAR5b programme.

Solar power to boost China’s generation capacity growth in 2023

It accounted for about half of the new capacity in 2022.

Tata Power profit surges 91% YoY in Q3 FY23

The company’s profit increased for the 13th straight quarter.

Pakistan blackouts highlight ‘urgency’ of hydropower projects

Renewables expansion in the market is still unable to replace thermal power. 

Pakistan’s ageing grid network may be behind major blackouts

Fitch has observed frequent blackouts in the past six months.

Ingka Group invests in Australia‘s biggest wind farm

This is the company’s first renewables investment. 

Greenko, John Cockerill to develop India’s Green Ammonia plant

The project is expected to be commissioned by 2024.

‘High’ green hydrogen production, consumption potential seen in Asia

The pipeline of green hydrogen projects in the region is around 65.6 GW.

Australia, Netherlands ink deal for renewable hydrogen supply chain development

The MOU also include hydrogen trade policy, standards and certification schemes.

EMA bares proposed changes to electricity regulatory framework

It launched a public consultation from 1 February to 3 March 2023.