IPP

PGE net profit up 49.7% YoY to $127.3m in 2022

Price increases in sales of steam and electricity contributed to the profit growth.

PGE net profit up 49.7% YoY to $127.3m in 2022

Price increases in sales of steam and electricity contributed to the profit growth.

Philippines’ First Gen posts 5% recurring net income growth

Its net income stood at US$265m.

JERA to decommission Kashima Thermal Station’s 6 units

The decommissioning will start on 31 March 2023.

Philippines’ AboitizPower closes new retail energy partnership

The agreement will power a four-hectare production facility in Pampanga province.

ACEN to develop over 1.2GW hybrid renewable energy in India

This is in partnership with BrightNight.

Adaro core earnings surge 140% YoY to $3.01b in 2022

Its revenue hit a record-high $8.1b.

AboitizPower net income climbs by 32% in 2022

Its net income stood at P27.5b (US$497.7b).

ACEN net income reaches US$236m in 2022

This is up from US$94.9m in 2021.

Tata Power’s RE arm secures $525m investment

The completion of the equity infusion will support TPREL’s growth plans.

ACWA Power more than doubles net profit in 2022

Its consolidated net profit amounted to SAR1.54b (US$410.6m).

TNB profit down by 8% YoY to $793.4m in 2022

This is due to the higher taxes paid during the period.

PGE goes public on Indonesia Stock Exchange

It was able to raise around $593.5m in its initial public offering.

Genesis Energy net profit up 72% YoY in FY23

The number of its customers increased by over 10,000.

AboitizPower, EPI closes power supply deal

EPI will be providing solar power capacity to AboitizPower’s retail electricity companies.

AboitizPower leads PH-Japan Consortium to explore renewable energy development

The consortium includes Kawasaki Heavy Industries, IKS, and Amber Kinetics.

ReNew cuts loss to $49m in Q3 FY23

Its portfolio as of 31 December 2022 is at 13.4 GW.

Enlight Renewable Energy lists on Nasdaq Stock Market

It raised $252m in its IPO.