News

ReNew Energy subsidiary raises $400m in green bonds

A high-yield issuance outside of India was opened after more than a year of hiatus.

PowerChina, Oracle Power tie up to develop 1GW solar farm in Pakistan

It can generate 1.7 billion kilowatt-hours of power annually.

Australia allocates $33.6m for hydrogen, steel R&D

The amount will be split equally between the hydrogen and steel rounds.

City Energy, Gentari to study hydrogen importation to Singapore from Malaysia

The partnership will provide support to Singapore’s National Hydrogen Strategy.

NTPC, Chempolis India ink MOU to study bamboo-based bio-refinery development

The bio-coal produced will replace the coal in the NTPC Bongaigaon Power Plant.

Masdar acquires 50% stake in solar-battery project in the US

The project is led by EDF Renewables North America.

GEAPP provides $35m to improve energy access, transition in South and Southeast Asia

Bangladesh, India, Indonesia, Pakistan, and Vietnam will be prioritised for the fund.

Pertamina units enter carbon trading cooperation deal

This involves 1.9 million tonnes of equivalent carbon emissions.

MPA, Shell partner for maritime decarbonisation efforts

Both companies will collaborate on advancing electric boats and developing low-and-zero-carbon fuels.

India’s solar capacity up by more than 12GW in 2023

Its wind capacity meanwhile grew by 2.2GW. 

Kazakhstan could miss its revised 2030 renewables target

The country set a 15% renewables target in 2021, up from 10% initially.

Nuclear could account for about 9% of India’s electricity by 2037

It aims to reach 20GW of nuclear power generation by 2030.

Tata Power unit, ADB enter $18.2m deal to improve Delhi power distribution

This will involve grid enhancements and integrating BESS.

South Korea, UK partner to boost RE, nuclear cooperation

The parties also discussed collaboration for offshore wind and hydrogen.

Godda Power Plant’s first 800MW unit goes online 

The power it generated was supplied to Bangladesh.