IPP
Will the government pay for coal power exit in Vietnam?
The country’s coal power phase-out strategy sees renewables accounting for 67.7%–71.5% of the energy mix by 2050.
RATCH Group completes $590.67m investment in Indonesia’s Paiton Energy
The company acquires 36.26% shares in the Indonesian firm.
Australia to roll out 1st auction for largest renewable tender in May
The tender rounds will run until 2027.
RATCH Group names new CEO
The new CEO served various key roles in the EGAT.
ASEAN could save $800b in decarbonisation costs with regional cooperation
This could happen in a scenario where sharing of resources is “unconstrained.”
Chinese IPPs’ debts to grow 9.3% for clean energy investments
In 2023, they incurred debts of around $50.3b.
New Zealand pledges $25m to support ADB's Energy Transition Mechanism
This will boost Southeast Asia’s clean energy shift.
UAE to maintain thermal power dominance in generation mix
Thermal power installed capacity will reach 46.1 GW by 2035.
J-POWER acquires Genex Power
Genex will become a subsidiary of J-POWER.
ReNew exceeds 10 GW capacity
This came following the completion of a 1.94 GW project.
Adani Green becomes India's 1st company to surpass 10 GW capacity
It is spread across solar, wind, and wind-solar hybrid projects.
Citicore logs 12% YoY income growth to $24.8m in 2023
This is on the back of its “strong guaranteed base lease.”
Digital transformation boosts profits for 72% of energy sector businesses
They employ low code/no code or cybersecurity systems.
Alternergy's AWPC forges Interconnection deal with NGCP for Alabat wind project
The project is projected to begin operations by end-2025.
Stonepeak invests in APAC onshore energy wind platform
It will hold 80% in TerraWind Renewables.
AGEL powers 1 GW of the 30 GW Khavda Renewable Energy Park
The Khavda Renewable Energy Park will be completed in the next five years.
Thought Leadership Centre
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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