News

SN Aboitiz’s BESS project starts commercial operations

It was granted a provisional authority to operate last 17 January.

Natural gas to rise 3% in 2024

Rystad Energy said the sector will continue to address the energy trilemma.

Australia unveils roadmap for domestic solar manufacturing

It will place priority on polysilicon production and manufacturing of solar cells and modules.

Government support to boost offshore wind sector

Final investment decisions reached for the sector reached over 12 GW, excluding China.

Malaysia’s Ditrolic Energy secures BlackRock’s financial support

The partnership aims to develop over one gigawatt of solar projects.

NTPC, Numaligarh Refinery partner to develop green project

This will include the development of a proposed bamboo-based bio-refinery.

NGEL to bolster green hydrogen projects in Maharashtra

The MoU will accumulate a potential $10.7b (₹80,000 crores) in investments.

Australia invests $46m in Townsville Region Hydrogen Hub

The project will start construction in 2025 and will be completed in 2026.

EDPR enters Australia, acquires 1.5 GW renewable assets

The company purchased local renewables company ITP Development.

Energy storage VC funding up 59% YoY to $9.2b in 2023

This is supported by the Inflation Reduction Act’s investment tax credit and other incentives.

Coal generation to fall by 0.3% YoY in 2024

This is thanks to the slowed growth of new projects in Asia.

SGEL to develop 360 MW solar project in Gujarat

The project is set to supply energy for over 901.87 million units in the first year.

EMA awards 600 MW hydrogen-ready CCGT development to YTL PowerSeraya

The new unit is expected to be commissioned by end-2027.

APAC accounted for over 50% of 2023 power demand: report

India, China and Southeast Asia are the main growth drivers.