Power Utility

ASEAN nears 35% regional renewable energy target

This is despite the slight decline of renewables’ share in the total capacity in 2022.

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.”

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.

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.

Japan's LNG demand plummets amidst energy shift

Japan's transition towards renewable energy contributes to a significant decline in LNG consumption.

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.