Power Utility
South Korea sees additional $17b in electricity costs due to fossil fuel reliance
LNG accounts for 26.8% of the country’s power mix.
South Korea sees additional $17b in electricity costs due to fossil fuel reliance
LNG accounts for 26.8% of the country’s power mix.
Offshore wind capacity in South Korea and Japan to surpass onshore installations
However, their offshore capacity is expected to only exceed 200 MW in 2025.
South Korea's wind capacity to exceed Japan's by 2033
The country’s wind installation is expected to reach 13.1 GW.
First Gen's net income up 4% to $277m in 2023
This is despite a 7% decline in revenue.
AGL launches new platform for improved energy billing
The channel aims to promote use of solar, battery, heat pump hot water and electric vehicles.
DOE issues electrification roadmaps for distribution utilities
The aim is to prioritise unserved and underserved areas nationwide with consistent supply.
Disproportionate investments in energy transition favour developed countries
The 120 developing nations only secured 15% of the total investments in renewables.
Kyushu Electric acquires 400 MW US operating portfolio from Enfinity Global
Enfinity Global maintains ownership of 60% of company assets.
Masdar to purchase 50% stake in Terra-Gen from Energy Capital Partners
Igneo Infrastructure Partners will remain as a partner in the company.
Renewables account for nearly 40% of Australia’s electricity: report
The country added 5.9 GW of renewable energy capacity in 2023.
SJVN signs cumulative 600 MW solar power with RUVITL
The company will supply 100 MW and 500 MW of solar power to two separate projects.
Singapore Institute of Power and Gas launches the first power plant simulator training programme
The Centralised Power Plant Simulator aims to create standardised training for the energy sector.
India’s coal sector aims to deploy over 9 GW of renewables by 2030
The initiative aligns with the prime minister's commitment to achieve net-zero carbon emissions by 2070.
The Ministry of Coal of India has unveiled...
Solar power remains the leading non-hydropower renewable source in MENA
Countries like the UAE and Saudi Arabia have promoted programmes to boost solar power.
MENA solar prices will continue to decline
Solar power prices are estimated to stay under $0.02.
MENA solar power capacity to grow by 99.1 GW by 2033
It share in the global solar capacity will rise to 3%.
China leads government tender allocations in 2023
A total of 137 GW government tenders were awarded globally.