Staff Reporter
LNG sector faces oversupply amidst sluggish demand growth
LNG sector faces oversupply amidst sluggish demand growth
Global LNG supply will grow 40% in five years from 2023 to reach 666.5 mtpa by 2028.
RATCH Group completes $590.67m investment in Indonesia’s Paiton Energy
The company acquires 36.26% shares in the Indonesian firm.
EGAT and Sweden partner on biomass and hydrogen storage
The MOU mandates the exchange of knowledge and technologies in the two sectors.
Masdar and Bapco Energies to Develop 2 GW of Wind Projects in Bahrain
This will support the decarbonisation of Bahrain’s critical industrial sectors.
Australia to roll out 1st auction for largest renewable tender in May
The tender rounds will run until 2027.
NHPC aims to deploy floating solar technology in India
This is in partnership with Norwegian firm M/s Ocean Sun.
Renova's 215 MW storage battery projects win bids in decarbonisation auction
This involves three projects that are in development.
Sembcorp inks 2 long-term PPA with Equinix
This is Equinix’s first renewable energy power purchase deal in Singapore.
Solar panel recycling market to witness steady growth, reaching $931m by 2029
Environmental regulations and government commitments will drive the market’s growth.
RATCH Group names new CEO
The new CEO served various key roles in the EGAT.
EDF Group-led consortium to develop large-scale green ammonia project in Oman
The consortium will have the right to build, operate and maintain the project for 47 years.
Singapore awards PacificLight Power contract for fast start generating units
The two generating units will start operations in Q2 2025.
Neoen to Develop Stage 2 of Australia’s Collie Battery project
The project is expected to start operation in Q4 2025.
Philippines expects over 4,000 MW of power projects to begin operations this year
These projects include both conventional and renewable energy.
‘Hybrid approach’ essential for energy security amidst geopolitical instability
Conventional energy remains a part of the solution for energy security.
Consortium to develop 1.5 GW Abu Dhabi solar project
The project is expected to be operational in the third quarter of 2026.
Enfinity Global secures $195m financing for Japan solar power plant
The project could supply 11% of Aomori City’s residential power demand.
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The firm achieved recognition for initiatives addressing critical water access in Bali, reforestation in West Java, and sustainable supply systems in East Java.
Commentary
Supply chain efficiency, skilled manpower are key for India’s renewable energy