News
Philippines’ ACEN net income climbs to US$36m in Q1
Philippines’ ACEN net income climbs to US$36m in Q1
This is up by 5 times compared to the previous year.
AGL’s Liddell Power Station shuts down after 52 years
The coal plant will be converted into a renewable energy hub.
PLN, 3 other firms ink deal to build 70MW wind power plant in Indonesia
These include Total Eren, Adaro Power, and PJBI.
ACME Group, IGL to set up green hydrogen infrastructure
The companies will also promote the adoption of green hydrogen.
How soon should the world retire coal plants to meet climate goals
GEM estimated coal retirement globally needs to be almost five times faster.
NTPC installs first overseas capacity in Bangladesh
It developed Unit 1 of the Maitree Super Thermal Power Plant.
Avaada Group secures $1b for green hydrogen, ammonia development
The investment came from Brookfield Renewable.
ACWA Power secures finance for 200MW solar plant in Egypt
The project is targeted to commence commercial operations in January 2024.
How much Bangladesh needs annually to reach its 2041 target
The country wants to increase its renewable energy capacity to 40%, IEEFA said.
ADB to study early coal retirement in Kazakhstan
This will be accomplished through the bank’s energy transition mechanism program.
JAIF strengthens ties with nucleareurope
The MoU signed reflects recent changes in nuclear circumstances.
Vena Energy switches on Taiwan’s largest solar project
The 272MW E2 solar project is intended to add up to 4% of Taiwan’s solar energy annually.
Keppel Corp subsidiaries face $59.3m civil claim over AU solar farm development
The applicants claimed up to $59.3m against the Respondents under allegations of breaching an agreement
Origin Energy invests A$600m in large-scale Eraring battery construction
The first stage involves 460MW of capacity with a two-hour dispatch duration.
ReNew Energy subsidiary raises $400m in green bonds
A high-yield issuance outside of India was opened after more than a year of hiatus.
PowerChina, Oracle Power tie up to develop 1GW solar farm in Pakistan
It can generate 1.7 billion kilowatt-hours of power annually.
Australia allocates $33.6m for hydrogen, steel R&D
The amount will be split equally between the hydrogen and steel rounds.
Commentary
How pump retrofits boost profitability and efficiency in ageing power plants