News

IFC commits $105m for solar power project in India

This will be through long-term non-convertible debentures.

Australia green lights J-POWER acquisition of Genex

Regulators said conditions for the takeover were fulfilled. 

Expansion of Indonesia’s coal plants delay 2030 decarbonisation target: IEEFA

Two big-time plants could add 53 mt of carbon emissions if they increase capacity.

National CER strategy could bring down energy prices

The council added that it will also result in over 18,000 job opportunities.

Adani Power adds Mirzapur Thermal Energy as new subsidiary

It acquired five million shares in Mirzapur Thermal Energy.

China leads global hydropower growth with 6,749 MW new installations in 2023

It is followed by Laos, Cambodia, Vietnam, and Indonesia in East Asia and the Pacific.

Solarpack wins 25-year PPA to supply clean energy to SJVNL

The power will be generated from the 482 MW Ganeko hybrid project.

Pacific Blue to build 60 MW battery system in South Australia

The project’s construction will cost over $66.3m.

Alternergy acquires 74.99% stake in Olympia Solar Power

Alternergy will be Olympia Solar’s project sponsor for a project in Sultan Kudarat.

Iltekno installs first gas engine-powered cogeneration system in Uzbekistan

The project used a TCG 2032 genset that has 4,500 kilowatt electricity output. 

India requires $385b investment for power sector transition

The country aims to reach 500 GW of renewable energy by 2030.

SEDC Energy and Gentari to Establish Sarawak H2 Hub

The hub will adopt a “plug and play” concept.