News
Chinese gencos to see earnings recover in 2022: report
Chinese gencos to see earnings recover in 2022: report
This comes as CreditSights expect the cost of coal to be lower this year.
Masdar, NPCC ink deal for RE dev’t exploration
They will initially focus on offshore wind projects.
Solar Philippines unit gears up bid bonds for 10GW project
This is in line with the requirements of potential off-takers.
NTPC commissions 20MW solar project in Gujarat
This is the first part capacity of the 56MW Kawas Solar PV Project
Probe of solar imports from Southeast Asia may cost US 17.5GW new capacity
The probe involved imports from Cambodia, Malaysia, Thailand, and Vietnam.
SEA gas demand to more than double to 350 bcm by 2050
This is driven by the power generation sector due to the electricity demand.
First Gen income slips to $78m in Q1
The company linked this to a decline in its natural gas and geothermal platforms.
ACEN, Puri Usaha Group form JV for RE projects in Indonesia
The Surgayen platform intends to work on the cross-border project between Indonesia and Singapore.
Higher crude oil prices drive PetroEnergy income up 48% in Q1
The Philippine-based company’s consolidated income stood at P253m.
Urgent action needed for a ‘resilient’ energy transition: WEF
Countries should diversify their energy mix and make binding climate commitments.
SJVN secures 90MW floating solar project
It is expected to be commissioned within 15 months after the signing of a PPA.
Asian markets may ‘ramp up’ coal as gas prices rise: report
Coal will continue to dominate the region’s power mix through 2027.
Price hike, supply issues to continue straining gas power in Asia: Fitch
This will particularly impact Japan, South Korea and Taiwan.
Philippines’ ACEN net income falls 68% YoY to $7.7m in Q1
This is due to the higher costs of purchased power in the spot market.
Solar PV to lead addt’l RE capacity in 2022: IEA
Global renewable energy installations are expected to reach around 300GW.
Global RE installations rose 6% to almost 295GW in 2021: report
China accounted for almost half of the installations.
BASF, Brookfield partner for a 25-year renewable electricity supply deal
It will power BASF’s Zhanjiang Verbund site in China.
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