News

RENOVA doubles operating profit to $52.4m with BESS expansion

The Tokushima Tsuda and Omaezakikou biomass plants also contributed to the increase.

J&V Energy to acquire 187MW Taiwan solar portfolio from BlackRock-managed fund

It is expected to generate around 270 million kWh of electricity annually.

Australia’s Hydrogen Headstart Programme moves to round 2 with $1b backing

The programme aims to catalyse Australia’s hydrogen industry.

Korea and Australia strengthen energy security ties amidst global supply risks

They also agreed to expand cooperation on critical minerals.

TotalEnergies and MK Land close financing for 30 MW solar project in Malaysia

It is expected to generate about 1.5 TWh of electricity over its lifetime.

Indonesia’s $1b grid funding shortfall exposes PLN’s structural financing strains

Underinvestment leaves power network behind transition requirements.

Ling Ao nuclear plant in Shenzhen reports no-safety-impact valve incident

Timing breach during valve operation triggered nuclear classification.

GPSC profit jumps over 50% in Q1 on strong industrial demand

Electricity and steam sales growth lift the company’s profit in the first quarter.

Methane abatement could unlock 200 bcm gas amidst Strait of Hormuz crisis

But methane emissions remained high despite reduction commitments.

ADB, Acwa power $116m deal for 300-MW wind farm in Uzbekistan

The power plant will feature 39 wind turbine generators.

Australia’s rooftop solar capacity now exceeds total coal-fired power

Growth in renewables is lowering the country’s exposure to international fossil fuel markets.

Restrictive funding looms for thermal coal miners, Fitch Ratings says

Market funding is likely to be more restrictive than that for the energy transition.

Danantara urged to shift SOE capital toward renewables

Indonesia’s $900b sovereign wealth fund could strengthen dividends and fiscal resilience, the report said.

KPI Green Energy profit jumps 49% Despite heavy borrowings

Long-term borrowings rose to INR3,666 crore in the fourth quarter of FY2026.

IRENA: Solar and wind storage undercut coal, gas in firm power costs

It delivers lower firm electricity costs than coal and gas across key regions.