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How Citicore Energy REIT plans to expand in 3 years

How Citicore Energy REIT plans to expand in 3 years

Properties in underdeveloped areas are targeted to drive long-term land value.

All 1,500 towers built for Australia’s 700km EnergyConnect backbone

The project is 90% complete and scheduled for finishing in 2026.

Synera Renewable Energy secures full offtake for 495 MW Formosa 4

Two additional agreements secured full offtake for the 495MW offshore wind farm.

GPSC acquires additional 9.4% stake in RPCL

RPCL is now classified as an associate rather than an equity investment.

China's solar inverter market projected to decline in 2025

Global solar inverter market is expected to contract for two consecutive years post-2024.

Gas turbine services market to reach $32.1b by 2031

Modernisation of power plants and increasing industrialization drive service demand.

Global solar installations to surpass 500 GW AC in 2025 before slowing

Cumulative photovoltaic capacity will still double in five years despite an expected slowdown.

Thermal energy storage market projected to hit $1.27t by 2035

Market growth is driven by renewable energy demand, regulations, and grid stability efforts.

Geothermal heat pump market to expand 7.6% CAGR by 2031.

Market expansion is fueled by rising focus on clean heating and energy security.

Grid infrastructure constraints to become paramount concern in 2026

AI, storage capacity, and grid-forming inverters are top modernisation trends for 2026.

Utility scale battery storage costs fall to US$125 per kWh

Core equipment costs can rise to around US$100 per kilowatt-hour or more in markets with higher tariffs, among others.

Power sector shift drives coal consumption down after record 2025

Coal usage will decline due to increasing competition with other energy sources.

NTPC boosts solar capacity at Khavda projects in Gujarat

The solar energy expansion strengthens India’s renewable footprint nationwide.

India boosts bioenergy with ₹998 crore MNRE funding

Bioenergy capacity supported through government financial assistance.

South Korea launches its largest operational offshore wind farm in Jeju

Local villages invested $20.4m, securing a 4.7% stake in the project.

IAEA reviews Vietnam’s readiness to build 6,400 MW of nuclear capacity

The government must now strengthen regulatory frameworks to prepare for plant construction.

Thunder Consortium secures $1.19b bridge loan for CBK hydro acquisition

The funding consists of two separate PHP35b facilities from the participating banks.