Power Utility

Tata Power profit rises 90% YoY in Q1 FY23

This is the company’s 11th straight profit after tax YoY quarterly growth.

Tata Power profit rises 90% YoY in Q1 FY23

This is the company’s 11th straight profit after tax YoY quarterly growth.

Philippine-based PXP Energy narrows loss in Q2

The company’s core net loss amounted to P645,000, down from P16.6m in the previous year. 

New measure to improve power supply reliability in India

This includes the Reforms-based and Results-linked Revamped Distribution Sector Scheme.

APAC electricity demand to grow 3.4% in 2022

This is due to the lower economic growth and high energy prices.

Global electricity demand to slow down in 2022: report

It is expected to grow by 2.4% this year, down from the 6% rise in 2021.

What world leaders can do amidst energy crises

The GWEC outlined a five-point action plan.

Indonesia has the highest geothermal capacity under development: Fitch

Of the 41 projects under development in Asia, 26 were from Indonesia.

India may fail to reach 500GW target by 2030: report

The country needs to add more than 38GW annually to achieve the goal.

Philippines is 3rd largest geothermal market globally: Fitch

Its installed capacity is estimated at 1,928MW in 2021.

Cost-competitive renewables save $55b in global energy generation in 2022

Electricity costs from wind and solar power declined in 2021.

CLP Group, CDPQ to hold equal stake in Apraava Energy

CLP has sold a 10% stake in Apraava to CDPQ

China leads hydropower installation in 2021: IHA

Around 21GW of the 26GW new installations last year came from China.

Renewables, nuclear could replace LNG’s share in Japan’s energy mix

LNG’s share in the power mix is expected to fall to 20% from 37%.

More harm than good? CCS development risks may weigh more than its potential

Investors will need to distinguish between the different types of CCS projects. 

China leads global solar PV supply chains: report

It accounts for over 80% of the manufacturing stages of solar panels.

UAE looks to add pumped hydro to power mix: report

This is in pursuit of its 30% clean energy target by 2030.