Power Utility
Australia unveils National Energy Performance initiative
It aims to support energy-saving upgrades.
Wollar Solar to acquire TPC shares
The transaction is valued at $65.7m.
ASEAN energy demand to grow by 21% in 2024
Fossil fuel will still account for the largest share in energy consumption.
Bangladesh foresees surge in natural gas electricity production by 2032
The power sector accounted for a 39% share in the total natural gas consumption in 2023.
ASEAN nears 35% regional renewable energy target
This is despite the slight decline of renewables’ share in the total capacity in 2022.
High import duties stifle Bangladesh's rooftop solar growth
There is an information asymmetry within the sector.
Citicore logs 12% YoY income growth to $24.8m in 2023
This is on the back of its “strong guaranteed base lease.”
Energy demand transformation could lead to $2t in annual savings
This will also reduce energy intensity by 31%.
GIC and Sterlite Power for JV for power transmission platform in India
Sterlite will have a 51% stake, whilst GIC will hold 49% interest.
India bolsters renewable grid with energy storage systems
ESS will drive investment in India's expanding renewable grid.
Majority of energy companies to invest in employee capabilities
Talents should also be prioritised amidst technology investments.
Digital transformation boosts profits for 72% of energy sector businesses
They employ low code/no code or cybersecurity systems.
Australia launches Solar Sunshot Programme to boost solar PV manufacturing
The programme has $652.5m in funding.
RATCH Group's Australian subsidiary inks 10-year PPA with ZEN Energy
The Collector Wind Farm and Starfish Hill Wind Farm will supply electricity to ZEN Energy.
Saudi Arabia and Kazakhstan ink partnership for energy cooperation
It will cover the areas of renewables, oil, natural gas, and electricity, amongst others.
Stonepeak invests in APAC onshore energy wind platform
It will hold 80% in TerraWind Renewables.
Japan's LNG demand plummets amidst energy shift
Japan's transition towards renewable energy contributes to a significant decline in LNG consumption.
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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.
