News
AGL underlying profit down 58% YoY in FY2022
A drop in trading and origination electricity earnings contributed to this.
AGL underlying profit down 58% YoY in FY2022
A drop in trading and origination electricity earnings contributed to this.
India may not reach 175GW RE capacity target by 2022: Fitch
The passage of the Energy Conservation (Amendment) Bill will support its growth.
Singapore digs deep to unleash geothermal energy potential
But the volumetric extent of hot rock where geothermal can be sourced is unknown.
India RE open access capacity climbs by 1.9GW in 2022: report
The market size is estimated to have grown to 10GW in 2022.
NTPC commissions 56MW Kawas Solar project
Its solar installed capacity is now at 69,454MW.
TNB to invest $4.5b annually for energy transition
It will invest in regional interconnection to help decarbonise the ASEAN power sector.
ReNew Power secures $1b loan for hybrid battery-enabled project
This is the largest ECB project loan in India’s renewable sector.
JERA to acquire 35.1% stake in Vietnam RE firm
Vietnam-based Gai Lai Electricity currently has around 600MW capacity.
KHNP, Doosan Enerbility, manufacturers sign deal to support nuclear energy
The MoU targets to “raise competitiveness through mutual growth.”
SPNEC to complete share swap with Solar Philippines by end-2022
The company wants to complete the private placements to increase public float.
Philippines’ First Gen net income drops 13% in H1
This is despite a 21% growth in revenue.
ARENA funds $1.27m MGA Thermal energy storage project
It has a planned capacity of 5MWh.
ACWA net profit rises 21% in H1
Its net profit stood at SAR542m during the period.
Japan close to hitting 2030 renewables target
The country set a 36-38% renewable energy target in 2030.
Philippines' SPNEC reintroduces itself as SP New Energy Corporation
This changed from SP Nueva Ecija Corporation.
ReNew Power, HSBC India provide solar power to 75 schools
The partnership also includes pioneering a climate education.
ACEN aims to reach 20GW of renewables capacity by 2030
This is six times higher than the current 3.4GW renewables 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.
