News
ACEN unit inks $100m loan for renewable energy projects
This will focus on projects outside of Manila.
Atmos Renewables fully acquires 316 MW Hornsdale Wind Farm
Settlement is slated for late 2025.
India OKs INR 8,146.21 crore for 700 MW Tato-II Hydro Electric Project
This will be completed in 72 months.
PH breaks ground for Tantangan Solar Project in Mindanao
Phase 1 will be completed by 2026.
Alternergy explores wind power potential in Albay
The company has three years to complete the study.
ACEN logs over 2,100 MW of attributable renewables in India
This includes two major deals in the country.
First Gen’s recurring net income flat in H1
Its business units showed mixed results.
Repower Energy logs 58% increase in H1 earnings
Its clean power generation jumped 29%.
Aboitiz Power’s net income down 25% in H1
Depreciation and interest expenses for GNPower Dinginin affected core earnings in H1.
Energy storage funding down 41% in H1
VC funding also decreased in the first six months of the year.
SECI holds first auction for green ammonia procurement under SIGHT scheme
The auction logged a record-low price of INR 55.75 per kilogram.
India to complete first two units of Gorakhpur nuclear plant by 2031-2032
Construction on the main island will fully commence following site improvements.
Smart grid corporate funding down 13% in H1
VC funding was also down during the period.
Decarbonisation market to reach $4.7t by 2033
Thanks to the wider adoption of decarbonisation technologies in key industries, amongst others.
Energy Vault acquires Stoney Creek Battery Energy Storage System
The acquisition was first announced in March 2025.
JSW Energy commissions second unit of 240 MW Kutehr Hydro Plant
Another unit will be commissioned soon.
Commentary
How pump retrofits boost profitability and efficiency in ageing power plants