Staff Reporter
China’s coal IPPs to continue profit recovery
China’s coal IPPs to continue profit recovery
Spot thermal coal prices were down by around 20% from January to August 2023.
Ocean Winds, Ulsan partner to develop South Korean floating offshore wind project
The KF Wind project has a total capacity of 1.2 gigawatts.
Taiwan’s Formosa 2 Offshore Wind starts operation
The wind farm can supply power to around 380,000 households per year.
NTPC Green Energy, Nayara Energy ink MOU for green hydrogen collaboration
The green hydrogen will help Nayara Energy accelerate its decarbonisation.
Tata Power unit, SIDBI to offer easy financing for MSMEs’ solar adoption
It is offered through SIDBI’s End-to-End Energy Efficiency Scheme.
EDF Renewables, KOWEPO break ground for 500 MW solar project in Oman
It can meet the energy needs of around 50,000 households.
ADB green lights $50.5m support to Maldives’ RE growth
The project includes energy storage and distribution upgrades.
China’s solar capacity to surpass 500 GW by year-end
Its installed solar capacity is expected to exceed 1,000 GW by the end of 2026.
Wdp refinances 2 Taiwanese onshore wind farms
The two power plants have a total capacity of 180 MW.
AGL, Microsoft sign 15-year renewable energy certificate deal
This is following AGL’s power purchase deal with Tilt Renewables.
India, Saudi Arabia ink deal for energy cooperation
The cooperation will cover grid integration, hydrogen, and digitalisation, amongst others.
South Korea, Indonesia ink deal for nuclear energy cooperation
It was one of the 16 agreements signed by the parties during the ASEAN Summit 2023.
Singapore’s EMA awards conditional license to Gurin-Gentari JV to import electricity from Indonesia
The project is expected to start in 2027.
ADB to provide $13.8m to support Vietnam’s rooftop solar sector
The project can augment the sector’s generation by at least 31.5 GWh annually.
India’s RE, Infrastructure finance agencies to fund renewable projects
The funding will be through co-lending and loan syndication.
Sun Cable completes asset sale to Grok Ventures affiliate
Proceeds are expected to be used to pay unsecured creditors in full.
BlackRock unit, Chow Energy partner to develop C&I solar projects
The project will reduce a million tonnes of carbon dioxide emissions.
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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.
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Supply chain efficiency, skilled manpower are key for India’s renewable energy