News
Sri Lanka cuts hydropower generation to 15% as drought slashes output
Sri Lanka cuts hydropower generation to 15% as drought slashes output
Ceylon Electricity Board cited the failure to build new power plants for power cuts.
India's wind sector slows down no thanks to falling tariffs
Tariffs have fallen to at least 3.5 cents per unit, which are insufficient for capital costs.
China National Nuclear Corporation to build first floating nuclear power plant
The $2.1b project will be put into use in 2021.
PE firm EverSource Capital to invest $1b in India's renewable energy sector
The UK government could be one of the anchor investors in its Green Growth Equity Fund.
DEWA, ACWA Power, and Silk Road Fund reach financial close of Dubai solar park
The financing for the 950MW solar park reportedly hit $2b.
Air pollution throws shade on India's solar success
Billions being invested in renewables are being undermined by air pollution as India emerges as a solar superpower.
Disposal of coal assets bites CR Power's 2018 profits
Its profits were down 14.6% to $503.26m in 2018.
Tohoku Electric Power joins 700MW Akita Yurihonjo offshore wind project
The project is slated to start in 2021.
China eyes removing coal from green bond standards: report
China’s central bank has already revised the eligibility list, sources said.
Vietnam set to build four gas-fired plants
The plants will have a total capacity of about 6,000MW and house LNG import facilities.
EDF Renewables buys majority stake in rooftop solar portfolio in China
The 17 rooftop solar farms are covered by PPAs to multinationals.
Malaysia eyes launching energy transition roadmap by end-2019
The roadmap could promote peer-to-peer energy trading.
Referendum proposals for New Taipei power plant restart pass initial screening
The project was shelved in 2015 amidst public concern over nuclear safety.
India inks deal with US to build six nuclear power plants
It wants to push its nuclear capacity to 21GW by 2030.
Bangladesh's Summit inks 22-year PPA for 583MW gas plant
The plant is expected to be operational by 2022 and supply electricity to 700,000 homes.
Geothermal plant 'triggered earthquake' in South Korea
The city of Pohang was rattled by a 5.4-magnitude earthquake in November 2017.
India's renewables push to boost Asia's wind capacity by 12.2%
But its target compliance is likely to bifurcate the next decade’s outlook due to 2020 target challenges.