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Tata Power sets FY 2025 capex to $2.44b for renewables expansion
Tata Power sets FY 2025 capex to $2.44b for renewables expansion
This will also fund transmission and distribution businesses.
EDC eyes completion of six RE projects in 2024
These include geothermal plants and battery storage systems.
Copenhagen Offshore Partners completes EIA for offshore wind project in Korea
This will contribute to the country’s 2030 renewable energy targets.
Manila starts second round for selection of microgrid provider
This will cover 75 unserved and underserved areas.
PH inaugurates two new transmission projects in Luzon and Visayas
These have a total transfer capacity of 8,600 MW.
J-POWER’s acquisition of Genex gets approval from proxy votes
Over 80% said they were in favour of the takeover.
Australia invests $91m in Powering the Regions fund to cut carbon emissions
This will fund renewable energy projects amongst others.
Quinbrook to expand battery storage project in Australia
This will add 250MW four-hour BESS under a long term deal.
India inks deals for three coal mines
These are expected to generate $404.22 m in annual revenues.
ADB backs Sri Lanka’s power reforms with $100m loan
Another $1m technical assistance will also be granted.
CLP Power taps Australian market with $337.5m Kangaroo bond
This is a first by a Hong Kong commercial corporate entity.
Australia OKs Green Gold Energy’s solar and battery storage projects
This will have an installed capacity of 108 MW.
Brookfield acquires controlling stake in Leap Green Energy
An initial $200m investment will be made.
South Korea’s nuclear generation share to reach 30.3% by 2030
It is slightly behind the 32.4% target.
Avaada secured 820 MWp hybrid project in India
This will involve a 25-year PPA with SJVN.
Kyrgyzstan secures $13.6m boost for Kambarata-1 Hydropower Plant
The project is seen to generate almost half of the country’s current output.
Will Malaysia reach its 2035 renewable energy target?
Data from GlobalData indicates it will fall slightly short of the 40% target.
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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.
