News

NTPC profit up 3.65% YoY in H1 FY23

Its generation rose by around 15% to 204 billion units.

Japan, 8 others join Global Offshore Wind Alliance

The alliance targets to speed up the installation of offshore wind.

JERA, Chevron tie up to study lower carbon technologies

They will focus on the Asia Pacific region and the US.

Renewables are now more cost-effective for Indonesians: report

Energy cost-saving is estimated to be worth US$400b-600b to 2050. 

ACEN divests 246MW Philippine coal plant

This is the first-ever transaction completed through the Energy Transition Mechanism. 

ReNew Power aims to reach net zero by 2040

It avoided over 11 million tonnes of carbon emissions in the past year.

Targeted RE capacity needs to be doubled by 2030 to reach climate goals

Total capacity needs to reach 10.8TW from the current target of 5.4TW.

Japan, US governments asked to beef up nuclear energy dev't

 The JAIF and NEI asked the two governments to improve the energy market and regulation.

Pertamina backs Indonesia’s 2060 net-zero target

Indonesia raised its carbon emission reduction target to 31.89% by 2030.

ACEN Australia greenlights Stubbo Solar Project

The 400MW project will produce enough clean energy to power 185,000 households.

ACWA Power net profit surges 110% YoY in first 9 months of 2022

Its operating income before impairment loss and other expenses grew by 11% YoY.

Adaro Energy net profit jumps 366% YoY in first nine months

This is on the back of the rise in average selling prices.

EDPR Sunseap, SMRT Trains to power Bishan Deport with solar

EDPR Sunseap will install 1.56MWp of solar capacity to the deport in 2023.

Australian Government expands ARENA 2022-23 federal budget

This will include A$146.1m for the decarbonisation of the road transport sector.