News
Offshore wind deployment timeline insufficient to meet 2030 targets
Offshore wind deployment timeline insufficient to meet 2030 targets
Only 233 GW will come online by 2030 based on the pipeline, way below the 494 GW goal.
State Grid Qihe Power Suply rolls out digital DC microgrid in Shandong Province
This is the first village-level of its kind launched in the province.
Chinese firms dominate wind turbine market
A total of four Chinese wind turbine companies made it to the top five firms.
Avaada Energy receives $143m green financing for Gujarat solar project
The project has a 400 MWp capacity.
ACEN invests $522k to ENEX Corp
It subscribed to 30 million non-voting preferred shares.
CIP unveils Southerly Ten platform for offshore wind development in Australia
It also bagged two licences for projects that could deliver 4.4 GW of electricity.
Akaysha Energy secures $164.4m debt for Queensland battery project
The loan was provided by seven banks.
ADB signs $121.55m financing deal for Bangladesh's 100 MW solar project
The facility can generate around 193.5 gigawatt-hours of electricity yearly.
LNG sector faces oversupply amidst sluggish demand growth
Global LNG supply will grow 40% in five years from 2023 to reach 666.5 mtpa by 2028.
RATCH Group completes $590.67m investment in Indonesia’s Paiton Energy
The company acquires 36.26% shares in the Indonesian firm.
EGAT and Sweden partner on biomass and hydrogen storage
The MOU mandates the exchange of knowledge and technologies in the two sectors.
Masdar and Bapco Energies to Develop 2 GW of Wind Projects in Bahrain
This will support the decarbonisation of Bahrain’s critical industrial sectors.
Australia to roll out 1st auction for largest renewable tender in May
The tender rounds will run until 2027.
NHPC aims to deploy floating solar technology in India
This is in partnership with Norwegian firm M/s Ocean Sun.
Renova's 215 MW storage battery projects win bids in decarbonisation auction
This involves three projects that are in development.
Sembcorp inks 2 long-term PPA with Equinix
This is Equinix’s first renewable energy power purchase deal in Singapore.
Solar panel recycling market to witness steady growth, reaching $931m by 2029
Environmental regulations and government commitments will drive the market’s growth.
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Commentary
How pump retrofits boost profitability and efficiency in ageing power plants