IPP
PGE net profit up 49.7% YoY to $127.3m in 2022
Price increases in sales of steam and electricity contributed to the profit growth.
PGE net profit up 49.7% YoY to $127.3m in 2022
Price increases in sales of steam and electricity contributed to the profit growth.
Philippines’ First Gen posts 5% recurring net income growth
Its net income stood at US$265m.
JERA to decommission Kashima Thermal Station’s 6 units
The decommissioning will start on 31 March 2023.
Philippines’ AboitizPower closes new retail energy partnership
The agreement will power a four-hectare production facility in Pampanga province.
ACEN to develop over 1.2GW hybrid renewable energy in India
This is in partnership with BrightNight.
Adaro core earnings surge 140% YoY to $3.01b in 2022
Its revenue hit a record-high $8.1b.
AboitizPower net income climbs by 32% in 2022
Its net income stood at P27.5b (US$497.7b).
ACEN net income reaches US$236m in 2022
This is up from US$94.9m in 2021.
Tata Power’s RE arm secures $525m investment
The completion of the equity infusion will support TPREL’s growth plans.
ACWA Power more than doubles net profit in 2022
Its consolidated net profit amounted to SAR1.54b (US$410.6m).
TNB profit down by 8% YoY to $793.4m in 2022
This is due to the higher taxes paid during the period.
PGE goes public on Indonesia Stock Exchange
It was able to raise around $593.5m in its initial public offering.
Genesis Energy net profit up 72% YoY in FY23
The number of its customers increased by over 10,000.
AboitizPower, EPI closes power supply deal
EPI will be providing solar power capacity to AboitizPower’s retail electricity companies.
AboitizPower leads PH-Japan Consortium to explore renewable energy development
The consortium includes Kawasaki Heavy Industries, IKS, and Amber Kinetics.
ReNew cuts loss to $49m in Q3 FY23
Its portfolio as of 31 December 2022 is at 13.4 GW.
Enlight Renewable Energy lists on Nasdaq Stock Market
It raised $252m in its IPO.
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Asian Waste Management Awards 2024 Winner: GREEN LAND RECYCLING SOLUTIONS LLC
![Asian Waste Management Awards 2024 Winner: GREEN LAND RECYCLING SOLUTIONS LLC]()
Green Land Recycling Solutions LLC leads the way in sustainable food waste composting.
Asian Waste Management Awards 2024 Winner: GREEN LAND RECYCLING SOLUTIONS LLC
Green Land Recycling Solutions LLC leads the way in sustainable food waste composting.
Commentary
Offshore wind power needs Singapore’s expertise as Asia’s reliance on fossil fuels rises