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Power sector expansion in Myanmar to remain ‘limited’: report
Power sector expansion in Myanmar to remain ‘limited’: report
It is projected that net installed capacity growth will be marginal at 2.1% annually.
EGAT-MPD Consortium to construct 24MW hydro-floating solar hybrid project
It is located at the Ubol Ratana Dam.
ACWA Power attributable net profit up 78% YoY in Q1 2023
Its operating income increased 7% YoY during the period.
Philippines renews Malampaya service contract for 15 years
It is set to expire on 22 February 2024.
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.
Singapore requires residual current circuit breakers in all residential premises
This covers residential places built before 1985.
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.
New NSW 150MW/300MWh battery system completes construction
It can provide power to 240,000 homes.
JERA, PTT ink MOU for hydrogen and ammonia supply chain dev’t
This will boost Thailand’s decarbonisation efforts.
Philippines awards six contracts for large-scale floating solar
The 610.6 MW solar projects will be installed at Laguna Lake.
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1. $281b annual investment projected as Southeast Asia scales energy transition 2. Asia fusion market enters decisive phase with $5b China lead 3. Grid-forming inverters seize control to stabilise Asia’s power 4. India advances green shipping with ₹1,200 crore Kandla e-methanol plant 5. India could double biofuel production by 2030 with stronger policiesResource Center
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The firm achieved recognition for initiatives addressing critical water access in Bali, reforestation in West Java, and sustainable supply systems in East Java.
