News
LNG investments to reach $42b annually in 2024: report
This is 20 times the investments seen in 2020 which amounted to $2b.
LNG investments to reach $42b annually in 2024: report
This is 20 times the investments seen in 2020 which amounted to $2b.
Global gov’t support for fossil fuels almost doubled to $697.2b in 2021
Consumption subsidies for fossil fuels will increase more this year.
Adaro Energy's net profit soars 611% YoY to $1.3b in H1 2022
Thanks to higher average selling prices.
EMA, SP Group to test ice thermal energy storage system
This will address the supply intermittency of solar power.
New 72MW solar farm in the Philippines starts operation
The project was developed by ACEN and Citicore.
Australian energy crisis gives rise to new gas supply need
Energy prices rose 400% up to AU$40 per gigajoule.
TNB, PETRONAS to explore hydrogen, carbon capture
The companies seek to unlock at least RM10b in commercial value up to 2035.
India could raise RE capacity by about 24GW with wind energy
As of March 2022, 37.7% of its cumulative installed capacity was wind.
Queensland’s largest energy storage system starts operation
It has a 100MW of capacity.
Indonesia’s royalty scheme to drive new coal investment away: report
The government will impose a 28% rate when the coal benchmark price goes over $100/tonne.
Coal companies' cash balance could fund Indonesia’s green transition
The combined cash balance amounted to $6.8b in the first quarter.
TP Renewable, SIDBI partner to set up 1,000 green energy enterprises in India
This is meant to promote sustainable rural entrepreneurship.
ReNew Power records US$1m loss in Q123
This is down from a net profit of US$5m in the same quarter in 2022.
Vena Energy bags JPY5.36b green loan for 17MW solar project
The project is scheduled to start commercial operation in 2023.
TNB, PETRONAS to explore green hydrogen development in Malaysia
This is in line with Malaysia’s carbon-neutral targets.
Saudi Arabia’s ACWA power expands in Uzbekistan
The company seeks to develop gas-to-power, renewable energy, and green hydrogen.
ACEN unit bags AU$100m loan for RE project
This forms part of its 20GW target by 2030.
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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.
