Project
AboitizPower turns on 173 MW Calatrava Solar Project
AboitizPower turns on 173 MW Calatrava Solar Project
This is its largest solar facility so far.
Nexif Ratch Energy’s 500 MW offshore wind project in PH receives gov’t approval
Another project was awarded the Green Lane Certificate.
VCI Global targets 100 MW of solar projects across SEA and Europe
This is projected to yield $200m in revenue over two decades.
Mingyang’s 16.6 MW floating wind turbines commence operation
This will benefit 30,000 homes.
Reliance Power unit to develop 930 MW solar plus battery project from SECI
The company will also install a battery energy storage system.
ACE, Australia ink $4.2m partnership to boost ASEAN’s energy transition
The initiative will run for 36 months.
Australia includes financial security requirement in amended offshore wind regulation
The changes were already implemented.
Oracle Power in talks for $1.4b financing of hybrid RE plant in Pakistan
The 1.3 GW wind and solar plant may start supplying power to 1.2 million houses by 2028.
Australia declares sixth offshore wind zone
The area has a potential for 20 GW of offshore wind energy.
ACME Solar secures 250 MW FDRE project in NHPC auction
This includes a green-shoe option that could expand the project’s capacity.
ARENA increases funding commitments to RE projects to nearly $400m in FY 23-24
This covers over 70 projects.
JAPEX, IINO ink deal for 30 MW of solar plants
They plan to complete these by 2030.
Australia announces 6.4 GW of RE projects under CIS tender 1
These are spread across four states.
Two new wind farms in Victoria start generating electricity
These can power over 200,000 homes.
Sri Lanka’s energy sector gets $30m funding boost
This will support promotion of more RE projects.
Pakistan bags $200m loan for power distribution upgrade
This will fund installation of at least 332,000 advanced metering infrastructure.
India mandates use of local solar cells starting June 2026
Projects bid out before the order are exempt.
Commentary
Managing risk for Indonesia’s conventional power sector in a decarbonising economy