News

First Gen's net income up 4% to $277m in 2023

This is despite a 7% decline in revenue.

South Korea launches joint strategy to enhance overseas resource development

The strategy encourages cooperation with international partners to boost the supply chain.

AGL launches new platform for improved energy billing

The channel aims to promote use of solar, battery, heat pump hot water and electric vehicles.

DOE issues electrification roadmaps for distribution utilities

The aim is to prioritise unserved and underserved areas nationwide with consistent supply.

Disproportionate investments in energy transition favour developed countries

The 120 developing nations only secured 15% of the total investments in renewables.

Global energy transition still off track as renewable investment lags

The world needs to install 1,100 GW of renewables yearly by 2030.

REDC secures 500 MW wind energy contracts in the Philippines

The projects will cover four projects in Quezon Province.

Australian government funds aboriginals' hydrogen project study

The government provided $1.1m for the $2.2m clean energy and hydrogen project 

Oman opens invitation for development of wind IPPs  

All five wind projects will require over $1.18b for their development.

Kyushu Electric acquires 400 MW US operating portfolio from Enfinity Global

Enfinity Global maintains ownership of 60% of company assets.

Masdar to purchase 50% stake in Terra-Gen from Energy Capital Partners

Igneo Infrastructure Partners will remain as a partner in the company.

Coal India, RRVUNL Sign MOU for 4,100MW Power Projects

These projects include coal, solar, pumped storage, and wind facilities.

Nearly 7 in 10 ENR executives believe AI will transform their operations by 2030

They see it beneficial in improving maintenance and production, amongst others.

ENR executives concerned about energy transition projects’ economic viability

The majority of APAC executives, however, are optimistic about the projects’ contribution.