News

SN Aboitiz Power to develop 20MW Magat battery project

It is expected to commence commercial operation by Q1 2024.

SN Aboitiz Power to develop 20MW Magat battery project

It is expected to commence commercial operation by Q1 2024.

Bureau Veritas Marine & Offshore, Korea Register partner to boost floating offshore wind

This is to enhance capacities through sharing of technologies information and experiences.

IRENA: $5.7t annual investment needed until 2030 to meet 1.5°C Scenario

Around $700b in annual investment in fossil fuel should be reallocated to energy transition technologies.

Australia’s Collie battery and RE hub gets $1m funding

The funding will be used for the first stage of the feasibility study for the hub.

IndianOil, L&T, ReNew Power to form JV for green hydrogen development

Initial focus of the JV will be the sectors where hydrogen is mainly used.

Arayat-Mexico solar farm to export power to the Luzon grid

This is in time for the demand surge during the Philippines’ summer season.

SMIC to acquire geothermal production firm

The Philippine Geothermal Production Company operates the Tiwi and Mak-Ban steam fields.

ACEN, ib vogt to establish asset platform for solar projects in Asia

The platform has a minimum operation capacity of 1,000MW.

Increasing cloud computing investments to boost rising power consumption in India

India’s power consumption is expected to reach 2,137TWh in 2031.

Edra Melaka Power Plant achieves full commercial operation

With a 2,242 MW capacity, it is the largest combined CCGT in Southeast Asia.

British International Investment commits $89m for India’s RE generation

The amount will fund two renewable projects in the country.

China’s central bank leads in green finance policies globally: report

It has refinanced loans to borrowers that would cut 28.76 million tonnes of carbon emissions.

Measures to safeguard SG energy security extended until 30 June: EMA

This is on the back of the global energy crunch and Russian invasion of Ukraine.

Climate spending under Australia’s federal budget shrinks: IEEFA Australia

It will drop to $1.3b in 2025-26 from $2b in 2021-22 and 2022-23.

First phase of Yunlin solar project in Taiwan goes online: Vena Energy

The project, which has 340,000 PV solar panels, has the capacity of 134MW.

India maintains lead in transmission pipelines projects: GlobalData

The country is slated to contribute 37% of oil & gas pipelines projects count by 2026.