News
Offshore wind sector to add 410 GW capacity by 2033
Offshore wind sector to add 410 GW capacity by 2033
Australia, Japan, South Korea, the Philippines, and Vietnam are amongst the growth drivers.
State firms dominate Southeast Asia’s pumped hydro development
Indonesia’s Perusahaan Listrik Negara is the region’s top developer.
KTB links EGAT’s operating account to green deposit, boosting Thai energy sustainability
This is a first for Thai commercial banks.
Southeast Asia’s pumped hydro capacity to reach 18 GW by 2033
The sector’s investment will reach between $12b to $70b.
ACWA Power to boost capital by $1.9b
It will help drive the company’s goal of tripling its assets by 2030.
Kumamoto Forest Generation starts 75 MW Yatsushiro biomass plant
It could generate 480 million kWh of power yearly.
Australia identifies Illawarra offshore wind zone with 2.9 GW potential
The area could accommodate projects that could power 1.8 million homes.
PH issues fresh guidelines to boost renewable energy development
Feasibility activities may be conducted prior to the commencement of the 25-year contract.
IFC commits $105m for solar power project in India
This will be through long-term non-convertible debentures.
Australia green lights J-POWER acquisition of Genex
Regulators said conditions for the takeover were fulfilled.
Expansion of Indonesia’s coal plants delay 2030 decarbonisation target: IEEFA
Two big-time plants could add 53 mt of carbon emissions if they increase capacity.
South Korea, Kazakhstan expand energy cooperation through talent sharing
This was among the agreements signed.
National CER strategy could bring down energy prices
The council added that it will also result in over 18,000 job opportunities.
Adani Power adds Mirzapur Thermal Energy as new subsidiary
It acquired five million shares in Mirzapur Thermal Energy.
China leads global hydropower growth with 6,749 MW new installations in 2023
It is followed by Laos, Cambodia, Vietnam, and Indonesia in East Asia and the Pacific.
Solarpack wins 25-year PPA to supply clean energy to SJVNL
The power will be generated from the 482 MW Ganeko hybrid project.
Pacific Blue to build 60 MW battery system in South Australia
The project’s construction will cost over $66.3m.
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