News
Masdar, W Solar Investment form joint venture for RE development
Masdar, W Solar Investment form joint venture for RE development
The JV will focus first on pre-identified projects in Africa and the Commonwealth of Independent States.
India gives lift to solar PV manufacturers with $2.6b additional funding
Under the PLI scheme, India sought to promote and push the domestic PV module manufacturing.
Indonesia lifts coal export ban
Companies should have met their DMO requirements or agreed to pay fines for their shortfall.
Avaada Energy installs 1GW capacity in 2021
It plans to reach 5GW installed capacity in 2022 and 11GW by 2025.
India’s 2022 budget gives boost to its RE sector growth
The spending plan provided for the issuance of sovereign green bonds.
SPNEC to supply 97.8 MWh per day in Philippines’ Central Luzon
The company beat five other bidders that vied for the Angeles Electric Corp.’s supply deal.
Scatec, ACME put 900MW solar project in India on hold
Its construction is expected to start in 2022, along with other backlog projects.
Japanese nuclear agency, firms to develop fast reactors in the US
US’ TerraPower has agreed to share data on advanced sodium fast reactor technology.
Japan’s renewable capacity to increase 46GW by 2026: IEA
This will be led by solar photovoltaics and wind power.
Discoms’ financial health remains a ‘critical’ challenge to RE growth in India
This puts projects at risk of delays or cancellation.
APAC to add almost 330 GW renewables capacity until 2026
India would account for almost 40% of the capacity expansion.
China to lead countries that dominate renewables expansion
It is projected to contribute nearly 45% by 2026, the IEA reported.
Doosan Heavy installs 8MW offshore wind turbine in South Korea
Standing 232.5 metres high, it is the country’s largest wind turbine to date.
Net-zero track needs $4.18t annual investment in 2026-2030
This is double the required $2.06t annual investment between 2022-2025.
South Korea’s renewable electricity output rises 30% YoY in 2021
The increase was led by solar and biomass, according to IEA.
AC Energy buys 49% stake of Super Energy Corp.’s Vietnam arm
This is seen to expand the company’s international portfolio to over 1,900MW.
Philippine electricity demand growth hinges on vaccine drive: report
It is expected to show an annual growth of 5-6% until 2024.
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