News

AboitizPower net income climbs by 32% in 2022

Its net income stood at P27.5b (US$497.7b).

AboitizPower net income climbs by 32% in 2022

Its net income stood at P27.5b (US$497.7b).

ACEN net income reaches US$236m in 2022

This is up from US$94.9m in 2021.

Queensland buys 1,100-km power line project

The project construction will begin in 2024.

Eurus Energy restarts operations of Hokkaido’s 3 wind farms

The plants with 8.34MW total capacity can power around 14,000 average households.

Tata Power’s RE arm secures $525m investment

The completion of the equity infusion will support TPREL’s growth plans.

JERA, Chevron partner for CCS projects in Australia, US

This could ramp up the LNG relationship between the two companies.

ACWA Power more than doubles net profit in 2022

Its consolidated net profit amounted to SAR1.54b (US$410.6m). 

China, Vietnam lead markets with most gas plant build-out: report

The gas capacity across the globe grew by 22% YoY in 2022. 

NTPC transfers RE assets to its green energy subsidiary

This is in line with the group’s plan to reach a renewable energy capacity of 60 GW by FY32.

Adani unit’s 700MW hybrid power plant goes online

It now has the largest operating renewables portfolio in India.

ADB, Monsoon sign $692.5m loan to develop wind power project in Lao PDR

This will fund the construction of a 600MW wind power plant. 

Masdar launches Jordan’s 200MW Baynouna Solar Park

The solar park can generate more than 560GWh of electricity.

TNB profit down by 8% YoY to $793.4m in 2022

This is due to the higher taxes paid during the period.

South Korea’s electricity demand up by around 3% in 2022

Renewables and nuclear mainly catered to the demand growth.