IPP
Masdar, SOCAR ink deal to develop 4GW RE projects in Azerbaijan
It is part of the 10GW renewable energy programme between Masdar and Azerbaijan.
Masdar, SOCAR ink deal to develop 4GW RE projects in Azerbaijan
It is part of the 10GW renewable energy programme between Masdar and Azerbaijan.
JRE’s wind, solar farms go online
The wind farm has a 48,000kW capacity, whilst the solar plant has 54,235kW.
KEPCO cannot keep resorting to bonds to pay fossil-linked debt
State-owned electricity provider Korea Electric Power Corporation (KEPCO) may be running out of tricks to resolve its debt problems.
ACWA Power ink partnerships with 9 Chinese firms
The Chinese companies will support the financing and construction of ACWA’s projects.
TAQA, ADNOC, Mubadala acquire stake in Masdar
They will hold the shares in Masdar’s renewable and green hydrogen business
IAEA concludes second water safety review at Fukushima Daiichi plant
The IAEA mission took place on 14-18 November.
TNB profit dips 4.3% YoY in first 9 months
It was affected by higher foreign currency losses.
AGL to cease Torrens Island ‘B’ Power Station operation in 2026
Its economic viability will be affected by the completion of Project Energy Connect.
ReNew Power posts $12m net loss in Q2 FY23
Its portfolio reached 13.4GW as of 30 September.
First Gen’s net income down 8% YoY to $194m in first 9 months
The result was due to lower earnings in natural gas.
Brookfield, MidOcean proposes Origin Energy shares acquisition
The proposal is priced at A$9 per share or a total of A$18.4b.
Adani unit cash profit up 50% in Q2 FY23
Its operational capacity grew 24% YoY to 6,724MW.
NTPC profit up 3.65% YoY in H1 FY23
Its generation rose by around 15% to 204 billion units.
ACEN net income climbs by 23% in Q3
Its net income stood at P1.9b.
ReNew Power aims to reach net zero by 2040
It avoided over 11 million tonnes of carbon emissions in the past year.
ACWA Power net profit surges 110% YoY in first 9 months of 2022
Its operating income before impairment loss and other expenses grew by 11% YoY.
Adaro Energy net profit jumps 366% YoY in first nine months
This is on the back of the rise in average selling prices.
Commentary
Offshore wind power needs Singapore’s expertise as Asia’s reliance on fossil fuels rises