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TNB, PETRONAS to explore hydrogen, carbon capture
TNB, PETRONAS to explore hydrogen, carbon capture
The companies seek to unlock at least RM10b in commercial value up to 2035.
India could raise RE capacity by about 24GW with wind energy
As of March 2022, 37.7% of its cumulative installed capacity was wind.
Queensland’s largest energy storage system starts operation
It has a 100MW of capacity.
Indonesia’s royalty scheme to drive new coal investment away: report
The government will impose a 28% rate when the coal benchmark price goes over $100/tonne.
Coal companies' cash balance could fund Indonesia’s green transition
The combined cash balance amounted to $6.8b in the first quarter.
TP Renewable, SIDBI partner to set up 1,000 green energy enterprises in India
This is meant to promote sustainable rural entrepreneurship.
ReNew Power records US$1m loss in Q123
This is down from a net profit of US$5m in the same quarter in 2022.
Vena Energy bags JPY5.36b green loan for 17MW solar project
The project is scheduled to start commercial operation in 2023.
TNB, PETRONAS to explore green hydrogen development in Malaysia
This is in line with Malaysia’s carbon-neutral targets.
Saudi Arabia’s ACWA power expands in Uzbekistan
The company seeks to develop gas-to-power, renewable energy, and green hydrogen.
ACEN unit bags AU$100m loan for RE project
This forms part of its 20GW target by 2030.
AGL underlying profit down 58% YoY in FY2022
A drop in trading and origination electricity earnings contributed to this.
India may not reach 175GW RE capacity target by 2022: Fitch
The passage of the Energy Conservation (Amendment) Bill will support its growth.
Singapore digs deep to unleash geothermal energy potential
But the volumetric extent of hot rock where geothermal can be sourced is unknown.
India RE open access capacity climbs by 1.9GW in 2022: report
The market size is estimated to have grown to 10GW in 2022.
NTPC commissions 56MW Kawas Solar project
Its solar installed capacity is now at 69,454MW.
TNB to invest $4.5b annually for energy transition
It will invest in regional interconnection to help decarbonise the ASEAN power sector.
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