News

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.

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.

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.

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.

ACWA Power’s net profit up 36% to $251.19m in H1

A number of projects went online in the past months.

RATCH Group’s PH solar plant goes online

It has a 10-year PPA with an Aboitiz unit.