News
Indian wind and solar projects see improved performance in FY24
Indian wind and solar projects see improved performance in FY24
Generation increased, despite falling short of analysts’ forecasts.
China to operate 40% of global offshore wind capacity by 2050
The country’s sector is expected to advance despite high investment costs and fading subsidies.
India accelerates coal evacuation infrastructure with key rail projects
Recent approvals include two rail projects in Odisha.
Avaada inaugurates 70 MW solar power project in Uttar Pradesh
It is projected to generate 160 million units of renewable energy annually once fully operational.
GPSC and Keppel partner on Energy-as-a-Service initiatives
The collaboration will focus on CaaS solutions, renewable energy, and EV charging platform developments.
Meralco to sustain strong financial performance amidst heavy investments
The company is projected to maintain a ratio of FFO to debt of up to 45% over the next two years.
EDPR and Microsoft partner on 20-year renewable energy deal
The tech company will purchase all energy exported from EDPR’s SolarNova 8 project.
India’s coal production up 7.12% in August
Coal dispatch to the power sector grew to 325.97 MT.
Adaro’s net profit slips 12% to $880m in H1
Revenue decreased by 15% to $2.97b in the period.
JERA and Lotte Fine Chemical to develop low carbon fuel value chains
Part of the collaboration involves standardising commercial frameworks for low carbon fuels.
Adani Power expands global footprint with new Abu Dhabi unit
It will focus on power and infrastructure investments.
India’s small and medium businesses drive natural gas demand: IEEFA
Their gas consumption surged by 136% in fiscal year 2023-2024.
ACEN and Barito Renewables partner to boost Indonesian wind energy
The partnership will be executed by their subsidiaries.
Aslan Energy, PT Calypte Sugi Power to develop 2-GW solar hub in Indonesia
Initial production will be in 2026.
JSW Energy arm to build 250-MW wind power project
Another subsidiary inked a PPA for solar energy.
Sembcorp’s Myingyan power plant resumes operations
Conflicts around the plant’s area have ceased.
Levanta Renewables acquires six solar projects in SEA
These are in Malaysia, Indonesia, and Thailand.