News

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.

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.

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.