News
Over $3.7b battery storage projects compete for ARENA funding
Over $3.7b battery storage projects compete for ARENA funding
ARENA has invited 12 projects to apply for $100m funding.
IEA revises down global gas consumption forecast
Consumption is set to rise by 140bcm between 2022 and 2025.
SK D&D, Siemens Gamesa close deal for 75MW wind farm project
This is the third largest wind farm project in South Korea.
Nuclear restart calls rise in Japan amidst surge in oil, gas prices
LNG on-arrival prices rose 62% YoY in January, according to Fitch.
Standalone energy storage tenders in India to spur investments: report
The two tenders add the energy storage capacity of India by 1GW.
Philippines’ energy dep’t generates 1,966.93MW RE in auction
The first auction round posted a 98.3% success rate.
What Uzbekistan needs to succeed in the energy transition
The IEA identified three key areas: market reforms, higher efficiency, and electricity security.
NUS’ new hydrogen research institute starts operation
The Centre for Hydrogen Innovations has received S$25m investment.
Tata Power to invest $380m for solar manufacturing plant dev't in India
It will have a production capacity of 4GW for each solar cell and module.
Australis, wpd partner for 1.4GW offshore projects in Australia
The three projects are located in Victoria, South Australia, and Western Australia.
South Korea, Poland cooperate in nuclear power, defense
Discussions also covered development of hydrogen, battery and CCUS.
Malaysia’s TNB power station in Kenyir resumes operation
It temporarily shut down in end-February due to a landslide caused by heavy rain.
Nickel Asia unit, Shell partner to develop RE in the Philippines
The joint venture plans to add 1GW capacity by 2028.
NTPC unit to build 10GW RE parks in Indian state Rajasthan
It is in line with the Group’s goal to achieve 60GW RE capacity by 2032.
Why cost of geothermal power plants will remain high
This leads to an increase in the LCOE to $0.071 per kWh from $0.049.
Vietnam needs ‘clear and transparent’ legal framework for ambitious offshore wind target
Under its PDP 8, it raised its target to 7GW by 2030.
Global energy security at risk as recoverable oil drops
Global recoverable oil is estimated at 1.57 trillion barrels, 9% down from last year.
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