News

ReNew Power aims to reach net zero by 2040

ReNew Power aims to reach net zero by 2040

It avoided over 11 million tonnes of carbon emissions in the past year.

Targeted RE capacity needs to be doubled by 2030 to reach climate goals

Total capacity needs to reach 10.8TW from the current target of 5.4TW.

Japan, US governments asked to beef up nuclear energy dev't

 The JAIF and NEI asked the two governments to improve the energy market and regulation.

Pertamina backs Indonesia’s 2060 net-zero target

Indonesia raised its carbon emission reduction target to 31.89% by 2030.

ACEN Australia greenlights Stubbo Solar Project

The 400MW project will produce enough clean energy to power 185,000 households.

ACWA Power net profit surges 110% YoY in first 9 months of 2022

Its operating income before impairment loss and other expenses grew by 11% YoY.

Adaro Energy net profit jumps 366% YoY in first nine months

This is on the back of the rise in average selling prices.

EDPR Sunseap, SMRT Trains to power Bishan Deport with solar

EDPR Sunseap will install 1.56MWp of solar capacity to the deport in 2023.

Australian Government expands ARENA 2022-23 federal budget

This will include A$146.1m for the decarbonisation of the road transport sector.

ADB, EDC partner to bring 2GW solar in Cambodia

The development will also include a battery energy storage system.

Masdar opens new Saudia Arabia office

It will bid in Saudi Power Procurement’s upcoming Round 4 tender.

Vena Energy starts operations of 2 solar projects in Japan

The Kawakami 2 and Aomori 2 solar projects have a total capacity of 56MW.

ACEN Australia bags $75m funding for 8GW renewable energy projects

This CEFC investment will accelerate the development of ACEN’s renewables portfolio.

SVEVIND subsidiary to develop wind-solar-hydrogen plant in Kazakhstan

The 20GW electrolysers can produce up to 20 million tonnes of green hydrogen annually.

JERA, IHI ink MoU for ammonia usage expansion in Malaysia

They will explore co-firing ammonia in thermal plants in the country.

ACWA Power, EBRD sign sustainable infrastructure financing deal

Focus countries are Uzbekistan, Azerbaijan, and Egypt.