News
China discovers first large, ultra-shallow gas field in South China Sea
China discovers first large, ultra-shallow gas field in South China Sea
It has a capacity of 100 billion cubic metres.
ACEN’s net income jumps 49% to $107.1m in H1 2024
Improved selling in the wholesale electricity market boosted gains.
Solar power to account for 46% of India’s capacity by 2047
Meanwhile, authorities also reiterated rules on solar e-waste management.
Tata Power, Druk Green Power to develop 600-MW hydro project in Bhutan
Its estimated cost is $828m.
Citicore’s net income up 9% to $15.47m in 2023
Thanks to higher revenues driven by the sale of electricity.
Singapore introduces energy transition bill
It proposes amendments to the Energy Market Authority of Singapore Act (EMA Act), Electricity Act, and Gas Act.
FRV Australia starts construction of 100-MW Terang battery project
This can store a total energy of 200 megawatt-hours.
JERA, Denso to develop hydrogen generation technology using SOEC and waste heat
This will be tested in JERA’s thermal power plant.
Blueleaf secures funding for 200 MW wind-solar hybrid project in India
The Pachora Hybrid Power Project will produce over 600 gigawatt hours (GWh) of energy annually.
China accounts for 50% of global PV inverter shipments
Global shipments grew 56% last year.
NTPC targets $1.44b debt issuance
The debt will fund capacity expansion.
Tajikistan bags $21m grant for renewable energy expansion
This will help upgrade a 240-MW hydropower plant.
Synera bags development capacity for Taiwan’s Formosa 6 wind project
This has a maximum capacity of 1 GW.
ADB invests $100m for decarbonisation of India’s commercial, industrial sector
This will encourage the building of more solar capacity.
ACWA Power’s net profit up 36% to $251.19m in H1
A number of projects went online in the past months.
Adani Green cash profit up 32% to $16.68m in Q1 FY 2025
Thanks to capacity expansion.
RATCH Group’s PH solar plant goes online
It has a 10-year PPA with an Aboitiz unit.