News
Global wind capacity additions to reach 745GW until 2031
Global wind capacity additions to reach 745GW until 2031
Mainland China will account for 49% of the new capacity during the period.
IRENA, RCREEE renews partnership to scale up RE deployment in MENA
The agencies will collaborate in regional dialogues and initiatives to strengthen energy transition.
Polysilicon production growth to stabilise solar module prices: report
Total production is expected to reach 700,000 tonnes in 2022, globally.
China to add 365GW wind capacity in the next decade: Fitch
It will add 40GW annually on average.
Natural gas platform Karish FPSO arrives in Israel
The platform will allow entry of more players in Israel energy sector.
Masdar to develop 4,000MW RE ‘Mega projects’ in Azerbaijan
The projects will include 1,000MW each of solar and wind, and 2,000MW of green hydrogen.
ACEN, ENEX cancel property-for-share swap agreement
The companies cited challenging economic conditions for the cancellation.
SJVN, Tata Power sign deal for 1,000MW solar project in Rajasthan
It is expected to be commissioned by May 2024.
Prime Infra’s Malampaya take-over bodes well for the project: Philippines’ DoE
The company announced its plans to acquire a controlling stake in the project.
Prime Infra to acquire controlling stake in Philippines’ Malampaya gas project
The gas project supports 20% of the country’s electricity requirement.
TNB sees double-digit profit drop to RM9b in Q1
This was due to the exponential increase in fuel prices.
ReNew Power increases RE portfolio by 700MW
This brings the company’s total portfolio to 12.8GW.
India’s RE capacity reaches over 109GW as of Q1 2022
Solar accounted for 49% of the RE mix, followed by wind at 37%.
YTL Power buys Singapore’s Tuaspring Power Station
The total consideration stood at S$270m.
ACEN, Power Factors partner for 5,000MW RE development in Southeast Asia
The company has set a net zero target by 2050.
‘Significant’ expansion seen in floating wind over past six month
This brings the sector to the cusp of global commercial growth, Fitch Solutions reported.
Sembcorp's gross renewables portfolio can generate 6.8GW
This is after the company completes the acquisition of a 658MW portfolio in China.
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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.
