IPP

Why Philippines’ EDC will not fire up coal

The devastating effects of climate change led the company to develop REs only.

Philippines’ ACEN to offer P10b green bonds

This will fund three major solar farms with a combined capacity of about 460MW. 

ONGC signs 6 contracts for offshore fields in Arabian Sea, Bay of Bengal

Four of which were signed as the sole bidder, whilst two were in partnership with IOCL. 

Vena Energy to expand offshore wind in Taiwan

The company will launch two new projects in the country. 

First Gen unveils LNG storage unit ‘BW Batangas’ in the Philippines

It will provide for the company’s gas-fired power plants. 

Sembcorp to sell India unit to Tanweer Infrastructure

The proposed sale will cut Sembcorp’s GHG emission intensity to 0.32 tCO2e/MWh.

NTPC acquires Jhabua Power

This will bring the IPP’s total installed capacity to over 70GW.

JERA wins public auction for additional power capacity

It will be carried out from 4 January to 28 February 2023.

TNB, PETRONAS to explore hydrogen, carbon capture

The companies seek to unlock at least RM10b in commercial value up to 2035.

Coal companies' cash balance could fund Indonesia’s green transition

The combined cash balance amounted to $6.8b in the first quarter. 

TP Renewable, SIDBI partner to set up 1,000 green energy enterprises in India 

This is meant to promote sustainable rural entrepreneurship.

ReNew Power records US$1m loss in Q123

This is down from a net profit of US$5m in the same quarter in 2022. 

Vena Energy bags JPY5.36b green loan for 17MW solar project

The project is scheduled to start commercial operation in 2023.