IPP
Genesis Energy net profit up 72% YoY in FY23
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.
ReNew Power rebrands to ReNew
The company is transitioning from pure renewable IPP to an end-to-end provider of solutions.
AboitizPower, JERA partner to explore greener fuels in the Philippines
The two companies will be assessing the feasibility of ammonia co-fired power generation.
Philippines’ SPNEC to complete stock rights offering for share-swap deal
This will enable its share swap agreement with Solar Philippines Power Project Holdings, Inc. (SP).
AGL underlying profit down 55% YoY in H1 2023
The results reflected the outages during the period.
Adani unit’s cash profit up 26% YoY in Q3 FY23
It commissioned 1,915MW of renewable projects in the first nine months of FY23.
Tata Power profit surges 91% YoY in Q3 FY23
The company’s profit increased for the 13th straight quarter.
ENEOS to transfer domestic renewable businesses to JRE
The transfer will be effective on 1 April.
Australia, Mainland China top Green Hydrogen Suitability Index in Asia
China is expected to exceed Australia in the medium to long term.
AGL, Essential Energy install network battery in Sovereign Hills
It has a capacity of 2MWh.
ACEN completes Australia development platform deal
This will in effect transform the UPC\AC Renewables Australia JV to ACEN Australia.
JERA suffers JPY100b loss in Q3
This reflected a JPY118b drop from the previous year.
NTPC Group reaches 71,000MW installed capacity
This is following the completion of the first unit of a thermal project.
Thought Leadership Centre
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1. Fossil fuel use falls as electricity gains share of global energy mix 2. Philippines overtakes Pakistan as China’s No. 2 solar export market 3. Singapore and ADB renew 3-year pact to back ASEAN power grid projects 4. Thailand clean energy push accelerates with GCL SI–Getz Energy MOU 5. South Korea’s Hanwha Power expands Canada push with Pembina low-carbon MOUResource Center
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