News
AboitizPower’s earnings down 4% to $302.48m in H1
AboitizPower’s earnings down 4% to $302.48m in H1
Depreciation of its coal plant assets impacted income negatively.
India’s national coal index decreases 3.48% in June
This means a sufficient availability of coal in the market.
Stanwell begins construction of $498m energy storage in Queensland
Tesla and Yurika were tapped for the project.
ACEN taps Singaporean firms to advance retirement of coal-fired plant in PH
Transition credits will be used to decommission the Ayala firm’s Batangas coal plant.
China’s renewable energy surge: Strengthening energy security and global leadership
The country is set to reach a total wind and solar capacity of 1,200 gigawatts by the end of 2024.
CK Power’s core earnings rebound to $4.24m in Q2
Thanks to an 80.3% increase in electricity sales.
TEPCO, Palau ink renewable energy technical cooperation
This aims to improve power grid efficiency with renewable energy.
AGL Energy appoints Miles George as chair-elect
He has over 30 years of experience in the energy and infrastructure sectors.
India amends guidelines for cross-border electricity trade
Now, electricity export will only be permitted if it was generated using imported coal.
Japan detects water leak at Fukishima nuclear plant
This involves 25 tonnes of radioactive water leak.
JERA renewable energy unit acquires 395 MW solar projects in US
The two projects are commercially operating.
India approves $428.4m for power grid upgrade
This will be covered by the Revamped Distribution Sector Scheme.
Citicore’s profit slips 21% to $4.73m in H1
Meanwhile, revenue was up 13% thanks to higher electricity sales.
PH endorses $5.8b offshore wind projects for green lane status
Operations will start in six years.
AGL to acquire Australia's Firm Power and Terrain Solar
The deal is worth $250m.
India to add 6 GW of battery energy storage by FY 2028
As of March 2024, the country has less than a gigawatt of operational capacity.
Indonesia’s renewable energy shift promises 100,000 green jobs in coal regions
Upskilling and reskilling of human resources needed to meet the demands of green jobs.
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