IPP
Sustainability of Malaysia’s ENEGEM hinges on renewable energy growth
Sustainability of Malaysia’s ENEGEM hinges on renewable energy growth
The pilot will involve the sale of 100 MW of electricity to Singapore through auction.
GSPC and Doosan partner to enhance power plant efficiency
They will study the adoption of ammonia co-firing and CCUS technology.
SC Oscar acquires NZ solar developer Rānui Generation
The NZ firm has four projects in the development stage.
India’s Adani Group to boost energy transition with $100b investment
The company said it is already building a 30-GW renewable energy park.
Strategic partnership boosts ACE APAC’s New Zealand solar ventures
The company is working with local developer Far North Solar Farm for four solar projects.
Offshore wind sector to add 410 GW capacity by 2033
Australia, Japan, South Korea, the Philippines, and Vietnam are amongst the growth drivers.
ACWA Power to boost capital by $1.9b
It will help drive the company’s goal of tripling its assets by 2030.
Australia green lights J-POWER acquisition of Genex
Regulators said conditions for the takeover were fulfilled.
First Gen awards LNG cargo contract to Tokyo Gas unit
This is the company’s fifth LNG cargo.
South and Central Asia's hydropower capacity reaches 166 GW
Several projects are set to be completed as only a few projects came online last year.
Global hydropower capacity rises slightly to 1,416 GW in 2023
The sector’s power generation dipped due to drought conditions.
ACEN to invest $15b to quadruple capacity by 2030
It aims to expand its capacity to 20GW.
CREC launches IPO on Philippine Stock Exchange
It has a market capitalisation of around $411.5m.
Sinopec and PETRONAS sign MoU to enhance energy value chain cooperation
The collaboration will include the areas of new energy and CCUS.
ReNew’s net profit rebounds to $50m in FY 2024
It has a total portfolio of 13.5 gigawatts.
India maintains sufficient coal stock at thermal power plants amidst high demand
It has enough coal stock for 19 days.
ACWA Power sells 30% stake in RAWEC to Hassana
The company holds a 99% stake in the independent water, steam and power producer.
Thought Leadership Centre
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1. Middle East conflict deals $25b blow to energy infrastructure 2. APAC dominates turbine market as OECD curbs coal installs 3. Malaysia consortium clinches $486m deal to build floating solar plant 4. CVF bloc leads solar uptake, surpassing US in electrotech transition 5. Strait of Hormuz disruptions sink energy transits by 95%, report saysResource Center
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The firm achieved recognition for initiatives addressing critical water access in Bali, reforestation in West Java, and sustainable supply systems in East Java.
Commentary
Supply chain efficiency, skilled manpower are key for India’s renewable energy