News

New rules for grid connection needed in Australia: Clean Energy Council

This is to give renewable energy investors certainty in connecting to the grid.  

What’s holding back Myanmar’s power sector growth? 

The market’s installed capacity will remain marginal in the next decade. 

Power sector expansion in Myanmar to remain ‘limited’: report

It is projected that net installed capacity growth will be marginal at 2.1% annually. 

ACWA Power attributable net profit up 78% YoY in Q1 2023

Its operating income increased 7% YoY during the period.

Nuclear power’s share in APAC’s power generation to grow to 8% in 2050: report

It accounted for only 5% of APAC’s power generation in 2021. 

Pattern Energy, GPI start 113MW wind facility in Japan

It can meet the power demands of 47,000 households.

UAE enters 3 MOUs with Chinese firms for nuclear energy collaboration

The MOUs cover partnerships in operation, maintenance, supply, and investment.

Tata Power units to develop 200MW solar project in Rajasthan

The project is expected to be commissioned by March 2024.

Australia’s gas usage to drop to 34% by 2030

This comes as the market transitions away from gas. 

UAE-based Masdar commits £1b to develop battery storage in the UK

The company will use the technology platform Kraken to manage the batteries. 

Masdar, IRENA to launch roadmap to triple RE capacity by 2030

They will set up an outline of global targets for renewable energy.

Adaro Energy core earnings up 11% YoY to $538m in Q1

Its net revenue increased by 50% reaching around $1.8b.

Tata Power profit rises 77% YoY in FY23

All its business clusters showed robust growth during the period.