Staff Reporter
Tata Power Solar and Indian Bank partner to offer financing for rooftop solar
Tata Power Solar and Indian Bank partner to offer financing for rooftop solar
They will offer loans of up to $720 for a capacity installation between 3 KW and 10 KW.
REDC to develop 320 MW seawater pumped storage hydropower project
The project is located in the province of Quezon in the Philippines.
Malaysia launches platform for RE cross-border sale to Singapore
It also opened the auction for the inaugural 100 MW capacity.
AboitizPower launches 49 MW hybrid BESS project
This is the first battery project in Southeast Asia that was built on a floating platform.
UNEZA aims to increase RE capacity by 2.5 times by 2030
The alliance also emphasised the need for grid infrastructure.
Huaying International and BKLS ink collaboration deal for LNG supply
This is aligned with China’s goal to diversify its energy resources.
Ark Energy pulls out wind proposal from federal environmental assessment
The project approval has been pending for almost three years.
ASEAN could save $800b in decarbonisation costs with regional cooperation
This could happen in a scenario where sharing of resources is “unconstrained.”
Australia launches largest renewable energy tender
The first auction is scheduled for late May.
Chinese IPPs’ debts to grow 9.3% for clean energy investments
In 2023, they incurred debts of around $50.3b.
Gurin Energy greenlights 39 MW solar project in the Philippines
The project can meet the demand of 18,000 homes.
New Zealand pledges $25m to support ADB's Energy Transition Mechanism
This will boost Southeast Asia’s clean energy shift.
Rooftop solar battery attachments up 35.5% in Q4 2023
Battery attachment surpassed 150,000.
High interest rates pose a threat to the energy transition
It would raise the cost of capital for renewables and nascent technologies.
JERA and ReNew to collaborate on green ammonia production project
The green ammonia will be produced in India and supplied to Japan.
Sonnedix secures $34.4m refinancing for Japanese solar projects
The fund will cover eight solar projects with a total capacity of 19 MW.
ACWA Power and IRENA join forces to lead energy transition initiatives
They will also look into driving investment in renewable projects.
Commentary
Supply chain efficiency, skilled manpower are key for India’s renewable energy