Staff Reporter

Energy transition accelerates but may face delays

Green energy is projected to be more prominent by 2028.

Standard Chartered approves $145m loan facility for BW Batangas

The Batangas-based floating storage regasification unit pushes for the Philippines’ LNG goals.

ACEN seals deal with US-based firm for renewable energy projects

It is BrightNight LLC’s second massive-scale renewable energy deal in APAC.

Over KRW 148.7b to be invested in 2024 for energy value chain projects

Over 100 proprietary technologies and 80 super-gap technologies will aid the energy value chain.

Indian renewable energy capacity to increase170 GW by March 2025: report

It will be backed by strong policy support and moderation in solar module prices.

World Bank and ADB strike deal for the expansion of Nepalese hydropower sector

The MOU will cover the upcoming Upper Arun and Dudh Koshi hydropower projects.

South Korea-based cable firm wins bid for $1.13b European wind energy project

LS Cable & System Ltd. will supply HVDC cables for offshore wind farms over the North Sea.

Masdar inks deal for 1 GW wind and green hydrogen projects in Jordan

It involves the production of desalinated seawater and dedicated renewable power.

ACEN inks deal with MAS, Rockefeller Foundation for coal plant phase-out

The agreement will involve the use of Transition Credits for the SLTEC coal plant.

Masdar buys 8 renewable energy projects in Poland

The projects will supply over 223,000 households and offset 1.8 million carbon emissions.

ADB approves $200m fund for power supply upgrades in Uttarakhand

The funding will install a 537-kilometre-long underground cable system.

ReNew inks $5.3b deal with ADB for climate mitigation projects

The MOU will cover the development of climate change mitigation and adaptation projects.

Global coal usage and emissions projected to peak in 2023: report

Coal-fired power generation will decline by 10,332 terawatt hours in 2024.

ADNOC and water supply firm launch Masdar’s first district geothermal cooling plant

The project has an initial value of $15b to use the region’s geothermal capabilities.

UAE to fund US$272.3b in sustainable finance by 2030 duringCOP 28

Funds will deploy net zero-emission solutions for a sustainable future.

Tata Power obtains Bikaner-Neemrana Transmission Project

It will facilitate the transfer of 7.7 gigawatts of renewable energy.