News

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Around 30 projects currently in the planning stage may be withdrawn.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

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.

Have a holly jolly holiday!

Asian Power will be back on 9 January 2023. 

Asian Oil & Gas Awards 2022 hails outstanding companies, initiatives

The awards programme recognises exceptional initiatives in the oil and gas industry in Asia.

Adani’s Godda plant may drive up power tariffs in Bangladesh 

This will lead to a “very expensive” power, the IEEFA said.

ACWA Power ink partnerships with 9 Chinese firms

The Chinese companies will support the financing and construction of ACWA’s projects.