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.

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.

China to lead CCUS investments by 2050

China, North America, ASEAN and India account for 70% of the investments.

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.”

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.