Power Utility
Sinopec and PETRONAS sign MoU to enhance energy value chain cooperation
The collaboration will include the areas of new energy and CCUS.
ReNew’s net profit rebounds to $50m in FY 2024
It has a total portfolio of 13.5 gigawatts.
China to exceed green hydrogen goals ahead of schedule
Its projected new installed capacity in 2024 will generate 220,000 tpa of green hydrogen.
India maintains sufficient coal stock at thermal power plants amidst high demand
It has enough coal stock for 19 days.
First Gen sets $1.27b capex for 2024
The funding focus will be hydropower and other renewable energy projects.
NHPC seeks bidders for 1.2 GW solar power projects
NHPC will sell the power from the solar projects to state utilities and discoms.
Asia Pacific dominates global wind market with 71% share
Record installations highlight the region's renewable energy surge.
MENA residential users to pay higher electricity prices
They are expected to pay an average tariff rate of $0.98/kWh.
China’s coal power consumption to halt growth by 2025
Non-fossil fuel sources will dominate the country’s power mix by around 2045.
Middle East power demand to hit 2,000 TWh by 2030
The residential sector comprises 40% of the total demand.
Why Singapore could be the ‘tipping point’ for ASEAN renewable and grid development
Heavily reliant on gas, the country is still on track for its 2035 net-zero target, but could be more ambitious to hit its 2050 goal by 2045.
JERA establishes JERA Cross to support corporate green transformation
JERA Cross will start operations on 1 June.
Australia to double renewable capacity by 2033
This will be supported by the Future Made in Australia package
Coal-fired Eraring Power Station retirement postponed to 2027
Started in 1984, the plant is initially targeted for closure as early as August 2025.
Renova unit’s biomass plant supplies power to NTT Docomo
The plant began selling on long-term fixed-price contracts with power retailers in 2023.
Asia's demand for US LNG remains strong in May
This is driven by imports in Japan, India, and South Korea.
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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.
