IPP

What happens to CLP Power as Hong Kong transitions to carbon neutrality

What happens to CLP Power as Hong Kong transitions to carbon neutrality

Since 2020, it has increased its gas-fired power generation proportion to around 50% to make up for the coal-fired generation to be phased out.

Malaysia’s TNB power station in Kenyir resumes operation

It temporarily shut down in end-February due to a landslide caused by heavy rain.

Solar Philippines to contract 10GW projects 

The projects are scheduled to start operations between 2025-2026.

Adani, TotalEnergies to develop largest green hydrogen ecosystem 

Adani New Industries plan to invest over US$50b in the next ten years.

Private firms eclipse the growth of the Philippines' solar power industry

Solar Philippines flagged the lack of foresight amongst businesses to meet high demand.

Global Power Synergy, PEA Thailand collab to be energy suppliers 

The MoU covers exploring models where GPSC serves as an electricity supplier for PEA.

Global Power Synergy’s green bonds oversubscribed by 2.3 times

The bonds are worth THB12b with tenors of 3-15 years.

Masdar to develop 4,000MW RE ‘Mega projects’ in Azerbaijan

The projects will include 1,000MW each of solar and wind, and 2,000MW of green hydrogen.

ACEN, ENEX cancel property-for-share swap agreement

The companies cited challenging economic conditions for the cancellation.

Prime Infra to acquire controlling stake in Philippines’ Malampaya gas project

The gas project supports 20% of the country’s electricity requirement.

TNB sees double-digit profit drop to RM9b in Q1

This was due to the exponential increase in fuel prices.

ReNew Power increases RE portfolio by 700MW

This brings the company’s total portfolio to 12.8GW.

Sembcorp's gross renewables portfolio can generate 6.8GW

This is after the company completes the acquisition of a 658MW portfolio in China.

AGL Energy withdraws demerger proposal 

The company believes it will not receive the required 75% approval threshold.