News
South Korea launches ‘Jeju-style’ distributed energy masterplan
South Korea launches ‘Jeju-style’ distributed energy masterplan
Jeju Island has so far expanded the proportion of renewables to 39% of all its power facilities.
Masdar, Kyrgyzstan to explore renewable energy opportunities
This includes the development of a ground-mounted and floating solar PV amongst others.
Philippine energy department, World Bank to launch offshore wind roadmap
The roadmap seeks to tap the country’s 178GW offshore wind potential.
Global onshore wind capacity rises 72.5GW in 2021
China and the US were the top onshore wind markets.
Public clean energy spending jumps 50% to $710b since October 2021
Advanced economies accounted for $370b of the amount.
Malaysia’s TNB, S P Setia partner to install rooftop solar system
This is in line with TNB’s Sustainability Pathway and S P Setia’s ESG Roadmap.
‘Deeply rooted’ policy limits drag India’s rooftop solar segment: report
India will likely miss its 2022 solar target due to slow rooftop solar installation.
India to miss 100GW solar target in 2022 by 27%: report
This is due to the slow pace in the installation of rooftop solar, the IEEFA and JMK Research found.
Higher generation costs push Philippine April rates up
Meralco reported the overall rate for a household went up to P10.18 per kWh from P9.64.
ACEN signs $262.8m loan agreement for SLTEC
Proceeds of equity redemption will be reinvested into renewable energy projects.
China emerges as top contributor of new renewable capacity in Asia: report
The country added 121GW to the region’s new capacity, IRENA data showed.
Energy spending to hit record high of over $2t in 2022: report
This will be led largely by oil and gas, Rystad Energy projected.
NTPC, Gujarat Gas ink agreement for green hydrogen blending in PNG network
It will be used for cooking applications in NTPCS Kawas Township.
Coal to dominate the Philippines’ power mix by 2031: Fitch
It is projected to account for 61% of the country’s power mix.
Adani Group gets US$2b in green investments
The funding will be used to grow its Adani Green Energy, Adani Transmission and Adani Enterprises.
Philippines to speed up decarbonisation of power sector: Fitch
The country’s total solar capacity increased significantly in the past year.
Malaysia’s TNB acquires 97.3MW wind portfolio in UK
The acquisition consideration was around $190.7m.
Commentary
How pump retrofits boost profitability and efficiency in ageing power plants