News

JERA concludes Formosa 3 shares transfer

It will still operate Formosa 1 and Formosa 2 projects.

JERA concludes Formosa 3 shares transfer

It will still operate Formosa 1 and Formosa 2 projects.

AGL to convert Loy Yang to renewable energy hub

It will be used as a facility for solar panel materials recovery.

Eight new RE projects start construction in Q1

The financial commitments during the period declined on the other hand.

APAC battery investments up 27% YoY in 2022

Battery investments in the region will triple in 2023.

Global battery storage investment exceeds $20b in 2022

The US, China, and Europe comprised 90% of the total investment.

Australia is amongst fastest market to move away from coal: report

It is poised to be a regional outperformer for renewables. 

Bahrain inaugurates independent water, power project

The IWPP could produce 1,500MW of electricity.

Grok Ventures affiliate buys Sun Cable

Helietta Holdings plans to continue to develop the cross-border electricity project.

APAC may struggle to find funding for oil and gas sector

This comes as more financial institutions commit less funding for fossil fuels.

AGL, global firms partner in bid to develop offshore wind in Australia

The consortium also includes Mainstream Renewable Power, Reventus Power, and Direct Infrastructure. 

Wind turbine intake hits new record in Q1

The intake reached 23.5GW of activity, Wood Mackenzie reported. 

ARENA grants $20m fund for large-scale renewable hydrogen project

The fund will be used by Stanwell to support front-end engineering and design study.

TNB inks deal with Vietnam, Lao to strengthen ASEAN power grid

This is also intended to advance Malaysia’s bid to be a renewable energy hub. 

EGAT switches on solar power plant, battery storage in Thailand province

The project forms part of the Smart Grid Pilot Project in Mae Hong Son province. 

Singapore, IEA partner to enhance regional power grid capabilities

The EMA and IEA will hold a training programme for more than 160 participants. 

Coal share in China’s power mix to decline in coming years: report

this is despite its reliance on coal, Fitch Solutions reported.