News
IEEFA calls for stricter regulations as $1.8b supernormal profits burden consumers
IEEFA calls for stricter regulations as $1.8b supernormal profits burden consumers
This was driven by under-forecasting which was left unchecked for years.
EMA and KOGAS ink deal on liquefied natural gas collaboration
They will share best practices and knowledge on procurement and supply management.
EGAT and MHI partner for hydrogen-natural gas blending in power generation
This will also support Thailand’s goal to reach net zero emissions by 2065.
Alternergy raises $340.7m funding for RE projects
It is developing two wind farms and a solar farm that are targeted to start by 2025.
Octopus Australia secures land for 1 GW Merina Wind Farm
It now has 35,000 hectares of land within the South-West NSW Renewable Energy Zone.
Philippines to receive $500m in CIF funding to accelerate coal plant retirements
Coal-fired plants accounted for 44% of the country’s installed capacity.
Masdar and SOCAR break ground for Azerbaijan’s 1 GW renewable energy projects
This involves two solar projects and one wind farm.
ACWA Power sells 30% stake in RAWEC to Hassana
The company holds a 99% stake in the independent water, steam and power producer.
EMA seeks proposals for two 600MW hydrogen-ready CCGTs
Interested parties have until 31 October 2024 to submit their proposals.
Accelerating clean energy adoption can lower power costs
Solar and wind are the cheapest renewable energy options.
Solar potential underutilised in sunniest markets
Access to financing remains a barrier to increasing solar capacity.
State Grid Zhenjiang’s new module enhances low-voltage PV estimation accuracy
State Grid Jiangsu Electric Power Research Institute developed the module.
First Gen sets $1.27b capex for 2024
The funding focus will be hydropower and other renewable energy projects.
NHPC seeks bidders for 1.2 GW solar power projects
NHPC will sell the power from the solar projects to state utilities and discoms.
ACWA Power and Tunisia partner for green hydrogen project
This will support Tunisia’s strategy of exporting green hydrogen to Europe.
APAC to see $15b investment in CCS over next decade
Australia, Malaysia and Indonesia are emerging hubs for carbon capture.
Australia awards fund for Consumer Energy Resources Data Exchange
This will serve as a “digital spine” in simplifying CER integration.
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Commentary
How pump retrofits boost profitability and efficiency in ageing power plants