News
ACEN, ENEX cancel property-for-share swap agreement
The companies cited challenging economic conditions for the cancellation.
ACEN, ENEX cancel property-for-share swap agreement
The companies cited challenging economic conditions for the cancellation.
SJVN, Tata Power sign deal for 1,000MW solar project in Rajasthan
It is expected to be commissioned by May 2024.
Prime Infra’s Malampaya take-over bodes well for the project: Philippines’ DoE
The company announced its plans to acquire a controlling stake in the project.
Prime Infra to acquire controlling stake in Philippines’ Malampaya gas project
The gas project supports 20% of the country’s electricity requirement.
TNB sees double-digit profit drop to RM9b in Q1
This was due to the exponential increase in fuel prices.
ReNew Power increases RE portfolio by 700MW
This brings the company’s total portfolio to 12.8GW.
India’s RE capacity reaches over 109GW as of Q1 2022
Solar accounted for 49% of the RE mix, followed by wind at 37%.
YTL Power buys Singapore’s Tuaspring Power Station
The total consideration stood at S$270m.
ACEN, Power Factors partner for 5,000MW RE development in Southeast Asia
The company has set a net zero target by 2050.
‘Significant’ expansion seen in floating wind over past six month
This brings the sector to the cusp of global commercial growth, Fitch Solutions reported.
Sembcorp's gross renewables portfolio can generate 6.8GW
This is after the company completes the acquisition of a 658MW portfolio in China.
Wind farm size to expand in next decade amidst cost-cutting pursuit
Onshore and offshore wind could rise to 370MW and 850MW, respectively.
AboitizPower awards EPC deals for solar project in the Philippines
It is expected to start operations by June 2023.
Israel gears up for fourth natural gas exploration offshore bid round
The country plans to export larger quantities of natural gas amidst the crisis.
Asia’s elevated LNG spot prices will remain for longer period: report
The average year-to-date price is $29.9/mmBTU.
Australian Labour Party victory to uplift RE growth: report
Fitch expects greater certainty and more financial support for the sector.
Higher storage capacity to complement China’s renewables expansion
The growth in RE will be met by a 9.7% growth in storage capacity
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Co-hosted by industry leaders and supported by government officials, the Future Energy Asia Exhibition and Summit aims to accelerate the region's journey towards net-zero emissions.
