News

Indonesian government's subsidy debt to PLN hits $3.1b

Indonesian government's subsidy debt to PLN hits $3.1b

The slow disbursement of funds has put a strain on the state utility’s cash flow.

Solar FiTs not enough to boost Vietnam's investor sentiment: report

Tight deadline for the projects drives investments outside the FiT allotment.

India's wind power installation hits 2.07GW in FY2020

Tamil Nadu emerged as the leading wind installer.

150 GW of renewables in Asia Pacific at risk if recession stretches

A loss of 380 TWh in power demand is expected this year.

Avaada Energy wins 2GW solar project in India

The auction by state-owned NHPC attracted seven bidders.

Philippines' AC Energy to fully divest coal assets by 2030

It plans to expand its renewables capacity to 5GW by 2025.

Thailand's EGCO Group buys stake in 640MW offshore wind developer

The developer is owned by WPD and a consortium of Japanese investors.

India's thermal plant efficiency to drop amidst commercial demand slump

The average load factor of thermal plants dropped to 52.55 in March.

Sumitomo Mitsui Financial Group to halt funding for coal plants

This marks the 18th global financial institution to exclude coal for funding in 2020.

China's SGCC resumes construction of 800kV transmission line

It was suspended in the Hubei province due to the outbreak.

Adani Green Energy forms JV with TOTAL

The portfolio totalling 2.148GW includes Restricted Group 1 & 2 projects.

China cuts subsidy for new solar projects in 2020

The total subsidy for solar will average $214m for the year.

Singapore's Sembcorp rolls out renewable energy certificate platform

It aims to woo companies into purchasing volumes of RECs to offset their carbon footprint.

India's electricity demand slump could last through May

The timing and gradual lifting of the lockdown will shape demand in the near term.

Orsted fears offshore wind auction delays in Japan

It plans to make a joint bid with TEPCO for a project near Tokyo.

PLN's obligations to IPPs could hit $7.2b by 2021

The pandemic would cause a dramatic fall in demand for the utility.