News
Tata Power achieves record profit of $512.5m in FY2024
Tata Power achieves record profit of $512.5m in FY2024
Thanks to the strong performance of its core businesses.
AboitizPower’s net income rises 4% YoY in Q1
The company increased its capital expenditure this year by over two-fold.
JERA and INPEX launch joint study on Japan-Australia CCS
They will capture and transport JERA’s emissions to Australia for storage.
SEC greenlights EDC’s $172.8b green bond offering
This is the second tranche of the EDC Fixed Rate ASEAN Green Bonds.
Acciona Energia acquires 80% share in Philippines’ Freya Renewables
This will add 880 MW of projects to the company’s portfolio.
Six key actions to expedite offshore wind deployment
Collaboration of industry leaders and policymakers is vital to meet the ambitious targets.
Tachibanawan Thermal Power Plant unit to restart by February 2025
This is due to a crack seen in one of the steam pipes.
Tokyu Land and SolarDuck launches Japan’s first offshore floating solar PV
The facility can generate power of 80 kW to 100 kW.
New 64 MW gas turbine unit commences operation in Uzbekistan
The new power plant unit required $155.7m to be developed.
Queensland invests $295.3m to expand Stanwell mega battery
The project is expected to be completed by mid-2027.
Taiwan unveils 2024 renewable energy FIT rates
The FIT rate for solar power saw a slight decline.
Australia launches 1.7 GW RE tender in Victoria and Tasmania
This is the country’s largest tender for the month of May.
Genesis Energy plans coal imports amidst decline in gas production
Local gas production was down by 33.4% YoY in April.
NTPC commits to develop up to 10 GW of renewable energy in Maharshtra
This is in partnership with Mahatma Phule Renewable Energy and Infrastructure Technology Limited.
ReNew inks 5 PPAs to add 2.2 GW to its renewable energy portfolio
The deals will involve the construction of 1,500 MW of solar and 688 MW of wind projects.
J-Power begins renovation work at Ogamigo Hydro project
The hydroelectric power plant started operations in 1971.
ACWA Power and SOCAR partner to advance RE projects in Azerbaijan
The Saudi-based firm is developing a 240 MW wind power plant in Azerbaijan.
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Commentary
How pump retrofits boost profitability and efficiency in ageing power plants