IPP
ACWA Power bags $100m credit facility from state-owned China Construction Bank
This will be used to fund its projects in the Middle East and Belt & Road countries.
ACWA Power bags $100m credit facility from state-owned China Construction Bank
This will be used to fund its projects in the Middle East and Belt & Road countries.
Mauban-based coal plants bolster Luzon grid’s power supply
Quezon Power Plant generates 460MW of electricity, whilst San Buenaventura Power Plant produces 455MW of power.
Solar Philippines stays ahead with proactive system upgrades for Calatagan Solar Farm
Being at the forefront of pushing for solar power, Solar Philippines endeavors to lower electricity prices and contribute to a sustainable future.
Meralco breaks into the Philippines’ solar industry with Spectrum
Spectrum has an installed capacity of more than 50 megawatts throughout the country.
APAC to lead floating solar demand
China will have the highest installed capacity globally by 2031 at 13.8GW.
Global floating solar to exceed 6GW by 2031
The sector is expected to grow by 15% annually until 2031.
India’s RE capacity reaches 301GW
Around 172GW of the total had already been deployed.
PIF subsidiary, ACWA Power invest US$3.25b in Saudi Arabia solar projects
The three solar projects seek to produce a combined capacity of 4.55GWac.
Masdar clean energy capacity reaches 20GW in 2022
It increased by 33% compared to the previous year.
JERA, NTT Anode to buy Green Power Investment
The transaction will be completed by the end of 2023.
CLP electricity sales in Hong Kong up 2.6% YoY in Q1
The commercial sector saw significant demand due to the lifting of pandemic restrictions.
First Gen subsidiary wins bid for Casecnan hydropower plant
The 165MW hydroelectric power plant is located in Nueva Ecija.
EGAT-MPD Consortium to construct 24MW hydro-floating solar hybrid project
It is located at the Ubol Ratana Dam.
ACWA Power attributable net profit up 78% YoY in Q1 2023
Its operating income increased 7% YoY during the period.
UAE-based Masdar commits £1b to develop battery storage in the UK
The company will use the technology platform Kraken to manage the batteries.
Adaro Energy core earnings up 11% YoY to $538m in Q1
Its net revenue increased by 50% reaching around $1.8b.
Tata Power profit rises 77% YoY in FY23
All its business clusters showed robust growth during the period.
Commentary
Commercial production of white hydrogen unlikely in the short term