IPP
Philippines' SPNEC reintroduces itself as SP New Energy Corporation
This changed from SP Nueva Ecija Corporation.
Philippines' SPNEC reintroduces itself as SP New Energy Corporation
This changed from SP Nueva Ecija Corporation.
GPSC profit down 70% YoY to $19.3m in Q2 2022
Quarter-on-quarter, the net profit rose 118%.
AGL expands green hydrogen study in Hunter Energy hub
Fortescue Future Industries will provide green hydrogen for the project.
Philippines’ ACEN net income climbs 25% in Q2
Its net income stood at P1.8b during the quarter.
Adani Green Energy’s cash profit up 48% YoY to $86m in Q1 FY23
Its operational capacity rose 65% YoY to 5,800MW.
CLP Power upgrades programme to help businesses save energy, decarbonise
It is backed by the CLP Community Energy Saving Fund with HK$2m support.
Indian PM to dedicate 5 NTPC RE projects to the nation
These include the two largest floating solar projects in India.
Philippines’ SMC Global Power lists P40b bonds
This will allow the company to provide reliable power supply.
TNB eyes early retirement for coal plants to accelerate sustainability goals
It plans to retire 1400MW plants up to one year before the expiration of the PPAs.
Japan’s JERA posts JPY11.7b loss in Q1
This is a JPY75.8b drop from the JPY64b profit last year.
ADB, Masdar to build 230MW solar power plant in Azerbaijan
The loan financing the project is worth $21.4m.
ACEN green lights final tranche of energy transition financing
The company will divest its shares in SLTEC for P3.7b.
Philippines’ Meralco core income climbs 15% in first half
The company recorded a net income of P12.1b during the period.
ROSATOM, An Xuan Energy to construct 128MW wind farm in Vietnam
It will be located in the Son La Province in north western Vietnam.
ACWA Power, POSCO partner to develop green hydrogen in South Korea
The MoU seeks to decarbonise POSCO Group’s power generation.
Central Retail, GULF partner for solar power production
They invested $2.5m to establish Greengen Energy.
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.
Commentary
Commercial production of white hydrogen unlikely in the short term