IPP
First Gen sets $1.27b capex for 2024
First Gen sets $1.27b capex for 2024
The funding focus will be hydropower and other renewable energy projects.
RATCH Group targets to expand in gas-fired and RE projects
The company has 4,340 MW of renewable energy pipeline projects.
How J-Power utilises digital technologies to enhance hydropower operations
One of the technologies includes the deployment of robots for inspection.
Philippines DOE and US partner to enhance energy workforce and promote renewables
The US will support the implementation of the Civil Nuclear Cooperation Agreement.
JERA outlines LNG, renewables, hydrogen as 2035 growth pillars
It targets around $6.4b to $12.8b of investment for each pillar.
Genesis Energy and Spark sign 10-year PPA for Lauriston solar farm
The solar farm will start operations by the end of 2024.
Nuclear power deemed Australia's most expensive energy source
It costs six times more than renewable projects.
China Huaneng's new energy capacity surpasses 180 million kW
The share of low-carbon and clean energy installed capacity reaches 48.47%.
REDC's net income rises 32% in Q1 on hydropower success
Its power generation reached 28.9 kWh from 19.5 kWh in Q1 2023.
CKPower suffers $12.6m net loss in Q1
Its revenue declined by 7.3% YoY to $68.4m.
Sarawak Energy sets Batang Ai hydro plant shutdown for digitalisation upgrades
The upgrade will be implemented in three stages.
Acciona Energia acquires 80% share in Philippines’ Freya Renewables
This will add 880 MW of projects to the company’s portfolio.
Genesis Energy plans coal imports amidst decline in gas production
Local gas production was down by 33.4% YoY in April.
ReNew inks 5 PPAs to add 2.2 GW to its renewable energy portfolio
The deals will involve the construction of 1,500 MW of solar and 688 MW of wind projects.
J-Power begins renovation work at Ogamigo Hydro project
The hydroelectric power plant started operations in 1971.
ACEN’s net income surges 34% YoY in Q1
The company has reached its 2025 5 GW renewables capacity target during the period.
First Gen’s Q1 income drops 9% YoY to $81m
Only the company’s hydro platform saw revenue growth.
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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