Staff Reporter
ACEN raises around $440.2m from 1st peso-dominated preferred shares offer
ACEN raises around $440.2m from 1st peso-dominated preferred shares offer
It can be used to fund the company’s projects and other RE projects in the Philippines.
Global wind turbine orders hit record-high in H1
The orders amounted to $40.5b.
EBRD provides $39m loan to develop 100 MW wind projects in Kazakhstan
This will help Kazakhstan towards its carbon neutrality goal by 2060.
NTPC, Oil India partner to develop RE, green projects
This will facilitate the sharing of knowledge on decarbonisation technologies.
Australia to open consultations for 2 more offshore wind projects
The country aims to develop six offshore wind zones.
Export Finance Australia empowers energy transition, sustainable development in Indo-Pacific
From infrastructure advancements to green technologies, Export Finance Australia’s financing powers are helping to steer the energy transition towards a greener, more resilient future.
Tata Power unit to develop 28 MW captive solar plant
This is in partnership with Sanyo Special Steel Manufacturing India.
EGAT partners with INNOPOWER for grid modernisation
Transmission system improvement will support RE uncertainty and EV growth.
China continues coal plant ‘permitting spree’ in H1
Coal plants commissioned doubled YoY to 17.1 GW.
Pinsent Masons’ John Yeap: Government commitment, regulatory certainty pivotal steps in encouraging industry engagement
Robust and well-defined regulatory frameworks create an environment of transparency and predictability, allowing industry players to make long-term investments and innovations.
Renewables save $520b in fuel cost for the power sector
Around 86% of the commissioned RE capacity last year had lower costs than fossil fuel electricity.
AGL, RayGen launch world’s largest next-generation long duration energy storage
It has a 4 MW solar capacity and 2.8 MW/50 MWh storage capacity.
ACWA Power reaches financial close for 200 MW Egyptian solar plant
The project is expected to start operations by January 2024.
Australian gov’t to invest $1.9b in WA transmission upgrades
The funding will increase renewable capacity in the state’s electricity grids.
Sembcorp, PTSC to study power importation from Vietnam to Singapore
The project will span 200,000 hectares of sea area.
New offshore wind capacity to reach 380 GW by 2032
Asia Pacific will account for nearly half of the installations.
ADB signs long-term loan for 25 MW solar project in India
The power plant project can generate 50.7 GWh of electricity annually.