News
ACWA Power raises $479.7m under the Sukuk programme
It is the second phase of the SAR5b programme.
Solar power to boost China’s generation capacity growth in 2023
It accounted for about half of the new capacity in 2022.
Tata Power profit surges 91% YoY in Q3 FY23
The company’s profit increased for the 13th straight quarter.
Pakistan blackouts highlight ‘urgency’ of hydropower projects
Renewables expansion in the market is still unable to replace thermal power.
Pakistan’s ageing grid network may be behind major blackouts
Fitch has observed frequent blackouts in the past six months.
Ingka Group invests in Australia‘s biggest wind farm
This is the company’s first renewables investment.
Greenko, John Cockerill to develop India’s Green Ammonia plant
The project is expected to be commissioned by 2024.
ENEOS to transfer domestic renewable businesses to JRE
The transfer will be effective on 1 April.
SEA’s largest Energy Storage System opens in Singapore
It has a maximum storage capacity of 285MWh.
‘High’ green hydrogen production, consumption potential seen in Asia
The pipeline of green hydrogen projects in the region is around 65.6 GW.
Australia, Netherlands ink deal for renewable hydrogen supply chain development
The MOU also include hydrogen trade policy, standards and certification schemes.
EMA bares proposed changes to electricity regulatory framework
It launched a public consultation from 1 February to 3 March 2023.
India allocates $4.3b for energy transition
The country aims to reach net-zero carbon emissions by 2070.
Newcastle thermal coal price to average US$280 per tonne in 2023: report
This is lower than the average US$358 per tonne in 2022.
Australia, Mainland China top Green Hydrogen Suitability Index in Asia
China is expected to exceed Australia in the medium to long term.
AGL, Essential Energy install network battery in Sovereign Hills
It has a capacity of 2MWh.
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Commentary
How pump retrofits boost profitability and efficiency in ageing power plants