News

TNB, PETRONAS to explore green hydrogen development in Malaysia

This is in line with Malaysia’s carbon-neutral targets.

Saudi Arabia’s ACWA power expands in Uzbekistan

The company seeks to develop gas-to-power, renewable energy, and green hydrogen. 

ACEN unit bags AU$100m loan for RE project

This forms part of its 20GW target by 2030. 

AGL underlying profit down 58% YoY in FY2022

A drop in trading and origination electricity earnings contributed to this.

India may not reach 175GW RE capacity target by 2022: Fitch

The passage of the Energy Conservation (Amendment) Bill will support its growth.

Singapore digs deep to unleash geothermal energy potential

But the volumetric extent of hot rock where geothermal can be sourced is unknown.

India RE open access capacity climbs by 1.9GW in 2022: report

The market size is estimated to have grown to 10GW in 2022.

NTPC commissions 56MW Kawas Solar project

Its solar installed capacity is now at 69,454MW.

TNB to invest $4.5b annually for energy transition

It will invest in regional interconnection to help decarbonise the ASEAN power sector.

ReNew Power secures $1b loan for hybrid battery-enabled project

This is the largest ECB project loan in India’s renewable sector.

JERA to acquire 35.1% stake in Vietnam RE firm

Vietnam-based Gai Lai Electricity currently has around 600MW capacity.

KHNP, Doosan Enerbility, manufacturers sign deal to support nuclear energy

The MoU targets to “raise competitiveness through mutual growth.”

SPNEC to complete share swap with Solar Philippines by end-2022

The company wants to complete the private placements to increase public float.

Philippines’ First Gen net income drops 13% in H1

This is despite a 21% growth in revenue. 

ACWA net profit rises 21% in H1

Its net profit stood at SAR542m during the period.