News
ReNew Power secures $1b loan for hybrid battery-enabled project
ReNew Power secures $1b loan for hybrid battery-enabled project
This is the largest ECB project loan in India’s renewable sector.
JERA to acquire 35.1% stake in Vietnam RE firm
Vietnam-based Gai Lai Electricity currently has around 600MW capacity.
KHNP, Doosan Enerbility, manufacturers sign deal to support nuclear energy
The MoU targets to “raise competitiveness through mutual growth.”
SPNEC to complete share swap with Solar Philippines by end-2022
The company wants to complete the private placements to increase public float.
Philippines’ First Gen net income drops 13% in H1
This is despite a 21% growth in revenue.
ARENA funds $1.27m MGA Thermal energy storage project
It has a planned capacity of 5MWh.
ACWA net profit rises 21% in H1
Its net profit stood at SAR542m during the period.
Japan close to hitting 2030 renewables target
The country set a 36-38% renewable energy target in 2030.
Philippines' SPNEC reintroduces itself as SP New Energy Corporation
This changed from SP Nueva Ecija Corporation.
ReNew Power, HSBC India provide solar power to 75 schools
The partnership also includes pioneering a climate education.
ACEN aims to reach 20GW of renewables capacity by 2030
This is six times higher than the current 3.4GW renewables capacity.
GPSC profit down 70% YoY to $19.3m in Q2 2022
Quarter-on-quarter, the net profit rose 118%.
CLP Holdings records HK$4.9b loss in H1 2022
It saw a HK$3.9b loss in operating earnings.
AGL expands green hydrogen study in Hunter Energy hub
Fortescue Future Industries will provide green hydrogen for the project.
Philippines’ ACEN net income climbs 25% in Q2
Its net income stood at P1.8b during the quarter.
Philippines’ AboitizPower to explore 3,000MW offshore wind power
The country only has a capacity of 443MW onshore win, as of 2020.
TNB, Petronas, IHI hold ammonia combustion test for coal-fired generation
This will help decarbonise Malaysia’s power sector.
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