News

New 64 MW gas turbine unit commences operation in Uzbekistan

The new power plant unit required $155.7m to be developed.

Queensland invests $295.3m to expand Stanwell mega battery

The project is expected to be completed by mid-2027.

Taiwan unveils 2024 renewable energy FIT rates

The FIT rate for solar power saw a slight decline.

Australia launches 1.7 GW RE tender in Victoria and Tasmania

This is the country’s largest tender for the month of May.

Genesis Energy plans coal imports amidst decline in gas production

Local gas production was down by 33.4% YoY in April.

NTPC commits to develop up to 10 GW of renewable energy in Maharshtra

This is in partnership with Mahatma Phule Renewable Energy and Infrastructure Technology Limited.

ReNew inks 5 PPAs to add 2.2 GW to its renewable energy portfolio

The deals will involve the construction of 1,500 MW of solar and 688 MW of wind projects.

J-Power begins renovation work at Ogamigo Hydro project

The hydroelectric power plant started operations in 1971.

ACWA Power and SOCAR partner to advance RE projects in Azerbaijan

The Saudi-based firm is developing a 240 MW wind power plant in Azerbaijan.

ENEOS and Tohoku Power starts 42 MW wind farm

The project could meet the power demand of around 23,100 average homes.

Hydropower output drops to 5-year low globally

The gap left by hydropower was met by fossil generation.

IPCL and ES2 collaborate for pilot thermal energy storage project

The two companies launched a thermal storage unit with a 250 KWh capacity.

Renewable energy share in world’s electricity mix surpasses 30%

China is the main contributor as it comprises over half of the wind and solar installations.

ACEN’s net income surges 34% YoY in Q1

The company has reached its 2025 5 GW renewables capacity target during the period.

Fortum divests remaining stake in Indian solar assets

It sold its remaining 43.75% share in 185 MW solar plants to Gentari Renewables India.

Coro Energy to develop 100 MW onshore wind farm in the Philippines

This is the company’s second wind energy service contract in the country