Power Utility
Tata Power achieves record profit of $512.5m in FY2024
Thanks to the strong performance of its core businesses.
Tata Power achieves record profit of $512.5m in FY2024
Thanks to the strong performance of its core businesses.
AboitizPower’s net income rises 4% YoY in Q1
The company increased its capital expenditure this year by over two-fold.
Australia launches 1.7 GW RE tender in Victoria and Tasmania
This is the country’s largest tender for the month of May.
Hydropower output drops to 5-year low globally
The gap left by hydropower was met by fossil generation.
Renewable energy share in world’s electricity mix surpasses 30%
China is the main contributor as it comprises over half of the wind and solar installations.
ACEN’s net income surges 34% YoY in Q1
The company has reached its 2025 5 GW renewables capacity target during the period.
Pressures mount for less desirable energy insurance placements in the region
Industry experts eye offshore investments as most attractive, yet more expensive.
Will the government pay for coal power exit in Vietnam?
The country’s coal power phase-out strategy sees renewables accounting for 67.7%–71.5% of the energy mix by 2050.
LNG sector faces oversupply amidst sluggish demand growth
Global LNG supply will grow 40% in five years from 2023 to reach 666.5 mtpa by 2028.
Water risks cost coal industry billions in losses
Intensified climate impacts drive financial, operational challenges.
Vietnam plans coal phase-out amidst growing energy sector
Strategic shift towards renewables and LNG amidst environmental concerns.
India's solar panel production surges to 68 GW in 2024
It faces competition in exporting solar panels due to cheaper modules in Southeast Asia.
UNEZA aims to increase RE capacity by 2.5 times by 2030
The alliance also emphasised the need for grid infrastructure.
South Korea's fossil fuel dependence raises power costs
High reliance on LNG and slow renewable transition inflated electricity bills, impacting competitiveness.
ASEAN could save $800b in decarbonisation costs with regional cooperation
This could happen in a scenario where sharing of resources is “unconstrained.”
UUGreenPower's V2G technology revolutionises EVs as energy storage units
The vehicle-to-grid technology has a design life of over a decade.
G&W’s Trident Distribution Switchgear ensures grid stability in extreme conditions
The technology could be submerged in water whilst remaining energised.
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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.
