News
Philippines starts decommissiong of coal-fired power plants
Philippines starts decommissiong of coal-fired power plants
The phase-out of coal-fired plants will allow transition to 50% of renewable energy by 2040.
PLN, ACWA to develop floating solar plants in Indonesia
The Singkarak and Saguling floating solar farms have a total capacity of 169 MWp.
Energy transition accelerates but may face delays
Green energy is projected to be more prominent by 2028.
India targets to double solar, wind energy by 2030
India aims to significantly expand its solar and wind power capabilities, even as coal retains its dominance in the energy mix.
Standard Chartered approves $145m loan facility for BW Batangas
The Batangas-based floating storage regasification unit pushes for the Philippines’ LNG goals.
ACEN seals deal with US-based firm for renewable energy projects
It is BrightNight LLC’s second massive-scale renewable energy deal in APAC.
Over KRW 148.7b to be invested in 2024 for energy value chain projects
Over 100 proprietary technologies and 80 super-gap technologies will aid the energy value chain.
Indian renewable energy capacity to increase170 GW by March 2025: report
It will be backed by strong policy support and moderation in solar module prices.
World Bank and ADB strike deal for the expansion of Nepalese hydropower sector
The MOU will cover the upcoming Upper Arun and Dudh Koshi hydropower projects.
South Korea-based cable firm wins bid for $1.13b European wind energy project
LS Cable & System Ltd. will supply HVDC cables for offshore wind farms over the North Sea.
Masdar inks deal for 1 GW wind and green hydrogen projects in Jordan
It involves the production of desalinated seawater and dedicated renewable power.
International cooperation towards net zero emissions pushed
Greenhouse gas emissions by oil and gas operations accounted for 15% of global energy emissions last year.
ACEN inks deal with MAS, Rockefeller Foundation for coal plant phase-out
The agreement will involve the use of Transition Credits for the SLTEC coal plant.
Masdar buys 8 renewable energy projects in Poland
The projects will supply over 223,000 households and offset 1.8 million carbon emissions.
ADB approves $200m fund for power supply upgrades in Uttarakhand
The funding will install a 537-kilometre-long underground cable system.
ReNew inks $5.3b deal with ADB for climate mitigation projects
The MOU will cover the development of climate change mitigation and adaptation projects.
Global coal usage and emissions projected to peak in 2023: report
Coal-fired power generation will decline by 10,332 terawatt hours in 2024.