News

High capital cost for renewables to persist in 2023: report

But its impact on prices and technology will vary amongst developers.

Renewable energy accounts for only 14% of Asian bank’s financing

No discernible upward trend was seen in the past six years.

Long-duration energy storage projects attract over $58b in investment in last 3 years

This could lead to 57GWs of energy storage capacity, Wood Mackenzie reported. 

Analysts find loopholes in Korean Re’s move to halt coal reinsurance

The company announced it will stop providing reinsurance to new coal mining or power plants.

SJVN unit, GRIDCO to form JV for 3,000MW hydro, solar project

The projects are expected to attract Rs 20,000 in investment in Odisha.

Have a holly jolly holiday!

Asian Power will be back on 9 January 2023. 

Asian Oil & Gas Awards 2022 hails outstanding companies, initiatives

The awards programme recognises exceptional initiatives in the oil and gas industry in Asia.

Adani’s Godda plant may drive up power tariffs in Bangladesh 

This will lead to a “very expensive” power, the IEEFA said.

ACWA Power ink partnerships with 9 Chinese firms

The Chinese companies will support the financing and construction of ACWA’s projects.

TAQA, ADNOC, Mubadala acquire stake in Masdar

They will hold the shares in Masdar’s renewable and green hydrogen business

Renewables key to expensive Kyrgyz energy imports: IRENA

Kyrgyzstan wants to reduce carbon emissions by 44% by 2030. 

Adani unit commissions 450MW wind-solar hybrid plant

It now has the largest operational hybrid capacity globally of 1,440MW.

ReNew Power to develop 300MW renewable energy project 

The wind and solar hybrid project will be located in Jajpur, Odisha.