Power Utility
China’s solar capacity installation crashes by 82% QoQ in Q1 2021
China’s solar capacity installation crashes by 82% QoQ in Q1 2021
But increased by 35% YoY compared to Q1 2020.
India’s JSPL sells coal-fired power business for $400m to Worldone
This move aims to reduce the company’s debt and carbon footprint by almost half.
Japan authorizes operations of three ageing nuclear reactors
This is the first time reactors older than 40 years are approved to restart.
Singapore's Sunseap eyes expansion in Japan after latest Series E funding
The company earned an undisclosed amount from several new Japanese investors.
Solar module prices surged to 35% amidst inflated costs of raw materials
Some Chinese manufacturers don’t see prices lowering until after 2021.
Renewable energy capacity to nearly double in ASEAN by 2025: HSBC
Technological advancement and lower costs of renewables will drive this expected growth.
Vietnam breaks own record as solar capacity surged in 2020
Its solar installations added 9.3 gigawatts to the national grid.
India's annual power demand drops first in 15 years
This is due to power consumption being slashed amidst strict lockdowns.
Sunseap to supply Facebook's Singapore operations with solar energy
The energy will come from Sunseap’s offshore floating solar farms.
India's NTPC power generation rises over 8%
Its total output reached 314 TWH in 2020/21.
Solar company Longi to enter the hydrogen market in China
A new company under the Longi name was registered last month.
China should close 186 coal plants early to meet climate goals: study
The large number of plants are each performing poorly and “particularly suitable” for fast-track retirement.
New 1.2 GW power plant in Malaysia underway
The 1.2GW gas-fired plant is expected to be operational by 2024.
bp to close refinery in West Australia by 31 March
The Kwinana Refinery will be converted into an import terminal.
Indian power generation fell in February: report
Electricity generation for the month was at 112 BU.
Yallourn power station to retire in 2028
It currently supplies nearly 20% of Victoria’s electricity demand.
ReNew to go public in $8b SPAC deal
The company will be named ReNew Energy Global.
Commentary
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