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ReNew Power’s net loss reaches $213m in FY22
ReNew Power’s net loss reaches $213m in FY22
This included the $174m charges related to the Nasdaq Stock Market listing.
Low carbon hydrogen demand likely to grow over 600Mt in 2050: report
This is up from the current 1Mt.
Israel signs deal to export natural gas to EU
The MoU also require the parties to reduce emissions.
World may reach net-zero by 2057: report
More than 1,000 executives expect to cut emissions by 28% by 2030.
Asia leads race in biomass power: Fitch
The region is projected to produce 29.3GW of biomass power capacity between 2021-2030.
Adani, TotalEnergies to develop largest green hydrogen ecosystem
Adani New Industries plan to invest over US$50b in the next ten years.
PETRONAS, Microsoft partner to develop 100MW solar project
The partnership also covers the development of the first Digital Sustainability Core.
Azure Power to invest $12.9m in Premier Energies Group
The two companies also executed a deal for solar cells and modules supply.
Global Power Synergy, PEA Thailand collab to be energy suppliers
The MoU covers exploring models where GPSC serves as an electricity supplier for PEA.
Keppel Infrastructure, Jinko Power ink deal to explore solar farm, energy storage investment
Jinko will identify 1,000MW projects in its pipeline that Keppel can invest in.
How energy intensity improvement can help achieve net-zero emissions by 2050
Doing this can avoid 95EJ of energy demand by 2030, the IEA said.
Renewable electricity storage may be the key in Australia’s energy crisis: IEEFA
This more beneficial than the proposed capacity mechanism.
$1.2b budget to speed up RE infrastructure in New South Wales
This is the largest investment of the state of RE projects.
Masdar, KEPCO to explore offshore wind project opportunities
They will also evaluate opportunities in green hydrogen and battery storage.
South Korea asks UAE for stable oil, gas supply
They are gearing up for energy and tech cooperation.
Global Power Synergy’s green bonds oversubscribed by 2.3 times
The bonds are worth THB12b with tenors of 3-15 years.
Indian RE sector posts record $14.5b investment in FY2021/22
This is due to the increasing electricity demand and net-zero emissions commitments.
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