News
ADB allocates $240.5m for India’s rooftop solar system
ADB allocates $240.5m for India’s rooftop solar system
Loans will be accessible via the State Bank of India and the National Bank for Agriculture and Rural Development.
IREDA’s net profit jumps 30.25% in Q1 FY 2024-2025
Earnings for the quarter reached $46.79m.
Origin Energy, RES JV bags feasibility licence for offshore wind projects in Australia
These are seen to deliver 1.5GW of installed capacity.
Solar corporate funding down 10% in H1 2024: Mercom Capital
This was despite a 9% increase in the number of deals.
Pacific Green gets planning consent for 1.5GWh battery energy parks in Australia
The first phase will be operational by 2026.
Kansai Electric’s Takahama nuclear plants gets local approval to extend operation
They were given up to 60 years.
India’s power minister pushes for more RE projects in DVC visit
Manohar Lal said the equity market can be tapped.
Tata Power sets FY 2025 capex to $2.44b for renewables expansion
This will also fund transmission and distribution businesses.
EDC eyes completion of six RE projects in 2024
These include geothermal plants and battery storage systems.
Copenhagen Offshore Partners completes EIA for offshore wind project in Korea
This will contribute to the country’s 2030 renewable energy targets.
Manila starts second round for selection of microgrid provider
This will cover 75 unserved and underserved areas.
PH inaugurates two new transmission projects in Luzon and Visayas
These have a total transfer capacity of 8,600 MW.
J-POWER’s acquisition of Genex gets approval from proxy votes
Over 80% said they were in favour of the takeover.
Australia invests $91m in Powering the Regions fund to cut carbon emissions
This will fund renewable energy projects amongst others.
Quinbrook to expand battery storage project in Australia
This will add 250MW four-hour BESS under a long term deal.
India inks deals for three coal mines
These are expected to generate $404.22 m in annual revenues.
ADB backs Sri Lanka’s power reforms with $100m loan
Another $1m technical assistance will also be granted.
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