News

Tata Power unit and SJVN ink PPA for 460 MW renewable project

The agreement involves a firm and dispatchable renewable energy project.

Tata Power unit and SJVN ink PPA for 460 MW renewable project

The agreement involves a firm and dispatchable renewable energy project.

First Gen’s Q1 income drops 9% YoY to $81m

Only the company’s hydro platform saw revenue growth.

ACWA Power inks $3b debt financing for 3,600 MW CCGT projects

The financing will be used for the construction of two CCGT projects.

Adani Green bags $400m facility for 750 MW solar projects

The financing is supported by a consortium composed of five international banks.

Qatar aims to reach 4 GW of renewable energy by 2030

The country also targets to cut its generation cost by 15%.

Offshore wind deployment timeline insufficient to meet 2030 targets

Only 233 GW will come online by 2030 based on the pipeline, way below the 494 GW goal.

State Grid Qihe Power Suply rolls out digital DC microgrid in Shandong Province

This is the first village-level of its kind launched in the province.

Chinese firms dominate wind turbine market

A total of four Chinese wind turbine companies made it to the top five firms.

ACEN invests $522k to ENEX Corp

It subscribed to 30 million non-voting preferred shares.

CIP unveils Southerly Ten platform for offshore wind development in Australia

It also bagged two licences for projects that could deliver 4.4 GW of electricity.

ADB signs $121.55m financing deal for Bangladesh's 100 MW solar project

The facility can generate around 193.5 gigawatt-hours of electricity yearly.

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.

RATCH Group completes $590.67m investment in Indonesia’s Paiton Energy

The company acquires 36.26% shares in the Indonesian firm.

EGAT and Sweden partner on biomass and hydrogen storage

The MOU mandates the exchange of knowledge and technologies in the two sectors.

Masdar and Bapco Energies to Develop 2 GW of Wind Projects in Bahrain

This will support the decarbonisation of Bahrain’s critical industrial sectors.