News
India’s RE capacity reaches over 109GW as of Q1 2022
India’s RE capacity reaches over 109GW as of Q1 2022
Solar accounted for 49% of the RE mix, followed by wind at 37%.
YTL Power buys Singapore’s Tuaspring Power Station
The total consideration stood at S$270m.
ACEN, Power Factors partner for 5,000MW RE development in Southeast Asia
The company has set a net zero target by 2050.
‘Significant’ expansion seen in floating wind over past six month
This brings the sector to the cusp of global commercial growth, Fitch Solutions reported.
Sembcorp's gross renewables portfolio can generate 6.8GW
This is after the company completes the acquisition of a 658MW portfolio in China.
Wind farm size to expand in next decade amidst cost-cutting pursuit
Onshore and offshore wind could rise to 370MW and 850MW, respectively.
AboitizPower awards EPC deals for solar project in the Philippines
It is expected to start operations by June 2023.
Israel gears up for fourth natural gas exploration offshore bid round
The country plans to export larger quantities of natural gas amidst the crisis.
Asia’s elevated LNG spot prices will remain for longer period: report
The average year-to-date price is $29.9/mmBTU.
Australian Labour Party victory to uplift RE growth: report
Fitch expects greater certainty and more financial support for the sector.
Higher storage capacity to complement China’s renewables expansion
The growth in RE will be met by a 9.7% growth in storage capacity
AGL Energy withdraws demerger proposal
The company believes it will not receive the required 75% approval threshold.
Adani Green ‘switches on’ 390MW hybrid power plant
It is the first wind and solar hybrid power generation plant in India.
Shizen Malaysia, Top Glove enter PPA for 10MWp rooftop-solar project
This will reduce Top Glove’s CO2 emission by around 13,000 tonnes annually.
Tata Power Renewable commissions 100MW solar project in Maharshtra
The project is for Maharashtra State Electricity Distribution Company Limited.
Wind suppliers deliver “record-breaking” projects in 2021: report
A total of 104.7GW were installed by 30 wind turbine manufacturers last year.
Solar tariff to rise by about 21% over the next year: report
This is mainly due to the 40% basic customs duty India levied on solar module imports.
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