News
ADB, BIM Wind sign a $107M financing for Vietnam’s wind energy
This is in support of the 88MW wind farm in Ninh Thuan province.
TNB subsidiary to develop 102MW solar projects in the UK
The projects are expected to operate by Q1 2024.
Zenith Energy, Liontown Resources enter PPA for largest off-grid hybrid power station
The 95MW hybrid station will supply power to the Kathleen Valley Lithium Project.
Australia grants A$41.5m for ultra-low-cost solar research
The fund will support 13 research projects.
TNB unit to study fuel sources for generation
This includes the development of biomass from pellets.
High capital cost for renewables to persist in 2023: report
But its impact on prices and technology will vary amongst developers.
Masdar sets 100GW renewables capacity target by 2030
This is in pursuit of its goal to become a global leader in cleaner energy.
Australian gov’t funds grid improvement project
It provided A$732,493 to Infravision Pty Ltd.
China's coal projects at risk of cancellation: report
Around 30 projects currently in the planning stage may be withdrawn.
Low-carbon electricity gets most gov’t investments support
The sector has received around $290b in investments since the start of the pandemic.
Coal projects in China’s BRI to decline: Fitch
Despite this, China will continue leading the global financing of coal
Global energy efficiency investments jump 16% YoY in 2022: IEA
It reached $560b this year.
SJVN unit, GRIDCO to form JV for 3,000MW hydro, solar project
The projects are expected to attract Rs 20,000 in investment in Odisha.
Analysts find loopholes in Korean Re’s move to halt coal reinsurance
The company announced it will stop providing reinsurance to new coal mining or power plants.
Long-duration energy storage projects attract over $58b in investment in last 3 years
This could lead to 57GWs of energy storage capacity, Wood Mackenzie reported.
Renewable energy accounts for only 14% of Asian bank’s financing
No discernible upward trend was seen in the past six years.
Thought Leadership Centre
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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.
