News

Philippines' AC Energy to fully divest coal assets by 2030

It plans to expand its renewables capacity to 5GW by 2025.

Thailand's EGCO Group buys stake in 640MW offshore wind developer

The developer is owned by WPD and a consortium of Japanese investors.

India's thermal plant efficiency to drop amidst commercial demand slump

The average load factor of thermal plants dropped to 52.55 in March.

Sumitomo Mitsui Financial Group to halt funding for coal plants

This marks the 18th global financial institution to exclude coal for funding in 2020.

China's SGCC resumes construction of 800kV transmission line

It was suspended in the Hubei province due to the outbreak.

Adani Green Energy forms JV with TOTAL

The portfolio totalling 2.148GW includes Restricted Group 1 & 2 projects.

China cuts subsidy for new solar projects in 2020

The total subsidy for solar will average $214m for the year.

Singapore's Sembcorp rolls out renewable energy certificate platform

It aims to woo companies into purchasing volumes of RECs to offset their carbon footprint.

India's electricity demand slump could last through May

The timing and gradual lifting of the lockdown will shape demand in the near term.

Orsted fears offshore wind auction delays in Japan

It plans to make a joint bid with TEPCO for a project near Tokyo.

PLN's obligations to IPPs could hit $7.2b by 2021

The pandemic would cause a dramatic fall in demand for the utility.

India's rooftop solar developers mulls petition against discoms: report

Developers are unable to gain consent from discoms to supply open-access electricity.

China Three Gorges to raise $3.5b in renewables unit IPO

It plans to use part of the proceeds to fund seven offshore wind farms.

European IPP Amarenco sets up APAC HQ in Singapore

It is starting with the acquisition of a 50MW portfolio in Thailand.

Thai Super Energy buys controlling stake in 4 Viet solar plants

It will invest $384m to complete the construction of these projects by 2020.

Debt moratorium for discoms to hit India's producers

Power producers are still obligated to generate enough power for the country.