News
SPNEC to supply 97.8 MWh per day in Philippines’ Central Luzon
SPNEC to supply 97.8 MWh per day in Philippines’ Central Luzon
The company beat five other bidders that vied for the Angeles Electric Corp.’s supply deal.
Scatec, ACME put 900MW solar project in India on hold
Its construction is expected to start in 2022, along with other backlog projects.
Japanese nuclear agency, firms to develop fast reactors in the US
US’ TerraPower has agreed to share data on advanced sodium fast reactor technology.
Japan’s renewable capacity to increase 46GW by 2026: IEA
This will be led by solar photovoltaics and wind power.
Discoms’ financial health remains a ‘critical’ challenge to RE growth in India
This puts projects at risk of delays or cancellation.
APAC to add almost 330 GW renewables capacity until 2026
India would account for almost 40% of the capacity expansion.
China to lead countries that dominate renewables expansion
It is projected to contribute nearly 45% by 2026, the IEA reported.
Doosan Heavy installs 8MW offshore wind turbine in South Korea
Standing 232.5 metres high, it is the country’s largest wind turbine to date.
Net-zero track needs $4.18t annual investment in 2026-2030
This is double the required $2.06t annual investment between 2022-2025.
South Korea’s renewable electricity output rises 30% YoY in 2021
The increase was led by solar and biomass, according to IEA.
AC Energy buys 49% stake of Super Energy Corp.’s Vietnam arm
This is seen to expand the company’s international portfolio to over 1,900MW.
Philippine electricity demand growth hinges on vaccine drive: report
It is expected to show an annual growth of 5-6% until 2024.
ACEN, UPC to build 300 MWac Masaya Solar farm in India
This will be the third and largest solar project of UPC-AC Energy Solar in India.
Gas-power generation in Myanmar remains ‘weak’ amidst oil giants’ exit plans
Total and Chevron’s are looking at withdrawing from the Yadana natural gas project.
APAC energy transition investments reach $368b in 2021
The region accounts for 49% of the global energy transition investments.
Shell’s 20MW hydrogen electrolyser begins operation in China
Half of the hydrogen supply will be allocated for fuel cell vehicles during the Winter Olympics.
Japan’s electricity demand to dip less than 1% annually to 2024
This is due to the strong energy conservation activities in the country.