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APAC power utilities at risk due to climate transition: Fitch
APAC power utilities at risk due to climate transition: Fitch
Energy transition efforts must be enhanced.
Akaysha’s Waratah Super Battery completes first stage of energisation
The facility has also been registered in the national electricity market (NEM).
Australia declares offshore wind zone off Bunbury
Up to 11.4 GW can be generated.
ARENA launches first phase of $675m Solar Sunshot programme
This will fund solar PV manufacturing innovation and studies.
Shizen International, Terengganu Inc. to develop solar projects in Malaysia
This will boost green technology initiatives within the state.
Fossil fuels to supply over 75% of global energy by 2030
This reliance will drive emissions higher, primarily from hydrocarbon extraction and gas flaring.
Adani Green, TotalEnergies sign $444m joint venture agreement
This will house a 1,150 MWac portfolio.
Indian wind and solar projects see improved performance in FY24
Generation increased, despite falling short of analysts’ forecasts.
China to operate 40% of global offshore wind capacity by 2050
The country’s sector is expected to advance despite high investment costs and fading subsidies.
India accelerates coal evacuation infrastructure with key rail projects
Recent approvals include two rail projects in Odisha.
Avaada inaugurates 70 MW solar power project in Uttar Pradesh
It is projected to generate 160 million units of renewable energy annually once fully operational.
GPSC and Keppel partner on Energy-as-a-Service initiatives
The collaboration will focus on CaaS solutions, renewable energy, and EV charging platform developments.
Meralco to sustain strong financial performance amidst heavy investments
The company is projected to maintain a ratio of FFO to debt of up to 45% over the next two years.
EDPR and Microsoft partner on 20-year renewable energy deal
The tech company will purchase all energy exported from EDPR’s SolarNova 8 project.
India’s coal production up 7.12% in August
Coal dispatch to the power sector grew to 325.97 MT.
Adaro’s net profit slips 12% to $880m in H1
Revenue decreased by 15% to $2.97b in the period.
JERA and Lotte Fine Chemical to develop low carbon fuel value chains
Part of the collaboration involves standardising commercial frameworks for low carbon fuels.
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