News
No total ban on coal power plants in PH, gov’t clarifies
Authorities clarify the coverage of a 2020 moratorium.
KPI Green Energy to develop 100-MW solar plant in India
The deal includes operation and maintenance for three years.
Harapaki Wind Farm in New Zealand starts full operation
This is the second largest wind farm in the country.
Masdar raises $1b through second green bond for clean energy projects
This follows the initial issuance in 2023 amounting to $750m.
Global electricity demand to log highest levels in 2024-2025
This is seen to reach 4% globally.
Alinta Energy, Parkwind apply feasibility licence for Aussie offshore wind farm
Once granted, developers will be able to study the project’s viability.
India requires $100B to decarbonize heavy industries
Investment in renewable energy is crucial to meet decarbonization goals by 2030.
India assures six transmission projects completed by year end despite facing delays
The delay was caused by the Supreme Court judgement on transmission lines.
India to invest $35.4m in Nepal’s 900-MW hydro project
This is in collaboration with SJVN Limited.
ADB allocates $240.5m for India’s rooftop solar system
Loans will be accessible via the State Bank of India and the National Bank for Agriculture and Rural Development.
IREDA’s net profit jumps 30.25% in Q1 FY 2024-2025
Earnings for the quarter reached $46.79m.
Origin Energy, RES JV bags feasibility licence for offshore wind projects in Australia
These are seen to deliver 1.5GW of installed capacity.
Solar corporate funding down 10% in H1 2024: Mercom Capital
This was despite a 9% increase in the number of deals.
Pacific Green gets planning consent for 1.5GWh battery energy parks in Australia
The first phase will be operational by 2026.
Kansai Electric’s Takahama nuclear plants gets local approval to extend operation
They were given up to 60 years.
India’s power minister pushes for more RE projects in DVC visit
Manohar Lal said the equity market can be tapped.
Thought Leadership Centre
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1. $281b annual investment projected as Southeast Asia scales energy transition 2. Asia fusion market enters decisive phase with $5b China lead 3. India advances green shipping with ₹1,200 crore Kandla e-methanol plant 4. Grid-forming inverters seize control to stabilise Asia’s power 5. India could double biofuel production by 2030 with stronger policiesResource Center
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The firm achieved recognition for initiatives addressing critical water access in Bali, reforestation in West Java, and sustainable supply systems in East Java.
