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UAE-based Masdar commits £1b to develop battery storage in the UK
UAE-based Masdar commits £1b to develop battery storage in the UK
The company will use the technology platform Kraken to manage the batteries.
Masdar, IRENA to launch roadmap to triple RE capacity by 2030
They will set up an outline of global targets for renewable energy.
Adaro Energy core earnings up 11% YoY to $538m in Q1
Its net revenue increased by 50% reaching around $1.8b.
Tata Power profit rises 77% YoY in FY23
All its business clusters showed robust growth during the period.
New NSW 150MW/300MWh battery system completes construction
It can provide power to 240,000 homes.
JERA, PTT ink MOU for hydrogen and ammonia supply chain dev’t
This will boost Thailand’s decarbonisation efforts.
Philippines awards six contracts for large-scale floating solar
The 610.6 MW solar projects will be installed at Laguna Lake.
Australia allocates $1.4b for hydrogen development
The funding will also cut the cost of green hydrogen production.
EGAT accelerates Hydro-floating Solar Hybrid expansion
It is also studying eco-friendly electricity generation technology.
ACEN, AMI Renewables to develop Vietnam’s first grid-connected battery energy storage
The BESS will have a capacity of 7.5MWh.
Azure Power names new CEO
He will assume the position on 10 July 2023.
Japan, France strengthen nuclear cooperation
They will push for discussions on policy measures and cooperation on technological development.
Azuma Kogen Wind Farm in Fukushima Prefecture goes online
It can meet the demand of 15,300 average households annually.
South Korea, US to reinforce clean energy partnership
The cooperation prioritises policies and planning, and technologies, amongst others.
Philippines’ First Gen posts 52% net income growth
Its attributable recurring net income stood at US$89m.
JERA, Summit partner to develop energy supply chain in Bangladesh
The MoU was valued at US$2b.
Coal divestment of global financial institutions double in three years
Whilst European FIs are leading coal divestments, FIs from Asia are also rapidly increasing.
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