Power Utility
FT Biopower and Weltec Biopower completes 700kW biogas power plants in Japan
Another power plant with a 250 kW capacity is under construction.
FT Biopower and Weltec Biopower completes 700kW biogas power plants in Japan
Another power plant with a 250 kW capacity is under construction.
Bison Brothers' all-in-one battery container enhances storage efficiency
It costs around $250,000 per kilowatt-hour.
Japanese utility firms into serious business of reselling LNG surplus
Declining local demand for LNG directs Japanese companies to the South and Southeast Asian markets.
Global coal power plant capacity sees highest net growth since 2016
China accounted for two-thirds of the 69.5 GW of new coal plants.
Power sector to drive 40% to 50% of natural gas demand by 2050
Electrification needs will propel demand growth.
China to lead CCUS investments by 2050
China, North America, ASEAN and India account for 70% of the investments.
Australia unveils National Energy Performance initiative
It aims to support energy-saving upgrades.
Wollar Solar to acquire TPC shares
The transaction is valued at $65.7m.
ASEAN energy demand to grow by 21% in 2024
Fossil fuel will still account for the largest share in energy consumption.
Bangladesh foresees surge in natural gas electricity production by 2032
The power sector accounted for a 39% share in the total natural gas consumption in 2023.
ASEAN nears 35% regional renewable energy target
This is despite the slight decline of renewables’ share in the total capacity in 2022.
High import duties stifle Bangladesh's rooftop solar growth
There is an information asymmetry within the sector.
Citicore logs 12% YoY income growth to $24.8m in 2023
This is on the back of its “strong guaranteed base lease.”
Energy demand transformation could lead to $2t in annual savings
This will also reduce energy intensity by 31%.
GIC and Sterlite Power for JV for power transmission platform in India
Sterlite will have a 51% stake, whilst GIC will hold 49% interest.
India bolsters renewable grid with energy storage systems
ESS will drive investment in India's expanding renewable grid.
Majority of energy companies to invest in employee capabilities
Talents should also be prioritised amidst technology investments.