News

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.

Aquila, TopInfra form JV for RE dev’t in South Korea

These projects include solar PV, wind power, and BESS.

Wind industry sees 94GW additional capacity: report

This marks its second-best year, the GWEC said.

ReNew Power, Mitsui partner to develop India's first round-the-clock project

The RTC project consists of three wind farms, one solar and battery storage farm.