News
India’s coal production up nearly 8% in October 2024
Coal dispatches also surpassed last year's data.
Renova bags 20-year VPPA for solar power
This will involve 18 MW of solar energy.
India, Saudi Arabia explore clean hydrogen partnership
They will also work on other fields such as mining.
NMDC, Vingroup to develop offshore wind in Vietnam
Other renewable energy sources will also be developed.
Squadron bags planning approval for NSW wind farm
Nearly 400,000 homes will benefit from this.
Upstream investment, energy transition to drive APAC O&G’s capex
Natural gas will remain a priority.
Smart grid funding fell by 33% in in the first nine months of 2024
However, venture capital funding increased by 13% YoY.
PLN, HydroWing to develop Indonesia’s first tidal energy plant
This builds on the 2022 deal to accelerate the country’s tidal energy.
Energy storage funding up 15% in 9M
Meanwhile, venture capital funding for energy storage firms fell.
Tata Power, IndusInd Bank to offer solar financing for MSEs
Loans will range from INR10 lakhs to INR2 crores.
Hybrid solar project in Turfan completes first phase
With this development, Turfan will surpass 10 billion kWh in annual new energy generation.
EMA, ENEC to develop Singapore’s nuclear capabilities
They will look into emerging technologies and human resource development amongst others.
Asia faces uphill battle balancing energy demand with net-zero goals
There will be a 33% rise in energy demand by 2030 in Asia-Pacific.
RE projects need debt financing, not grants: IREDA
The agency also assured it has a comprehensive approach to project funding.
AMPIN Energy, Varroc expand partnership with 27MWp solar project in India
This plant will eliminate 35,500 MT of carbon dioxide annually.
CNOOC’s production nearly 9% up in 9M
Exploration during the period resulted in nine new discoveries.