News

India should revive thermal power plants over investing in new ones: report

IEEFA estimated that acquiring 6.1GW of stranded plants could help meet energy security needs. 

Price pressures for solar installations ‘slightly dampen’ expansion: report

Solar PV capacity growth dominated the non-hydropower renewables sector. 

Japanese firms are leading supplier for geothermal power projects

These firms accounted for the majority of global geothermal equipment.

ADB, Samruk Energy ink $214m power deal in Kazakhstan

This will fund the replacement of ‘inefficient” coal-fired combined heat and power plant. 

SECI to provide 600MW wind power to GRIDCO Odisha

The two companies entered into a power sale agreement.

Masdar to develop up to 1GW wind project in Kazakhstan

The Roadmap signed is Masdar’s first project in the Central Asian nation.

Philippines posts $121.6m energy efficiency investments

The investments were for establishments from energy-intensive industries.

Corporate PPAs and pandemic shifts power change in renewable adoption

Industry leaders joined Asian Power’s webinar and analysed the implications of Corporate PPAs and pandemic disruptions on the energy sector.

Malampaya gas field contract extension boosts Philippines’ domestic LNG production

This poses downside risks for LNG imports to the Philippines. 

AGL, Tilt Renewables sign 15-year PPA

It will offtake 513 GWh from the 178 MW plant.

Vena Energy secures green loan for 53MW Japan solar project

The financing was led by the MUFG Bank and co-financed by Joyo Bank.

Australia’s fifth largest bank invests big in oil and gas despite net zero ambitions

A report found the Macquarie Group invested some $5b in high-growth oil and gas production. 

Senoko Energy to explore imports, supply of hydrogen power in Singapore

It seeks to develop a reliable hydrogen supply chain in the market.