Staff Reporter
Southeast Asia RE investments to exceed $76b in 2025
Southeast Asia RE investments to exceed $76b in 2025
This is driven by national oil companies and traditional upstream players.
Genesis Energy, FRV Australia bags three sites for 400 MW solar farms
The projects will be situated in Manawatu, Waikato, and Hawker’s Bay.
ACWA Power consortium achieves financial close for 2.6 GW solar projects
The project is expected to start commercial operations in 2025.
AGL, Victorian gov’t ink structured transition deal for Loy Yang power station
The power plant is scheduled for closer on 30 June 2035.
Alinta Energy to develop 100 MW big battery in Australia
The battery will be delivered by early 2025.
ONGC targets 10 GW renewable portfolio by 2030
It is also exploring carbon capture, utilisation and storage development.
NTPC unit, Arunachal Pradesh gov’t to develop hydroelectric projects
The projects have a total capacity of 2,620 MW.
Bahrain to develop 72 MW solar project
It will be a multi-site project in Sakhir.
India’s solar capacity reaches nearly 70.1 GW
The country is yet to maximise its solar potential of 748,990 MW.
Driving sustainable industrial development: The collaborative endeavour of Surbana Jurong and Aboitiz InfraCapital Economic Estates
Surbana Jurong and Aboitiz InfraCapital’s collaboration focuses on sustainable industrial development, highlighted by the LIMA Estate project in the Philippines.
SJVN unit, Punjab power firm ink PPAs for 1,200 MW solar projects
The project will be developed within 18 months.
Australia seeks feedback for Illawarra offshore wind projects
The wind project can generate 4.2 gigawatts of electricity.
JERA’s Indonesia subsidiary begins operations
It will conduct market research and build relationships with stakeholders in Indonesia.
Engaging stakeholders and cultivating ESG culture empower change in oil and gas industry – EY Asia-Pacific Oil & Gas Leader, Sanjeev Gupta
For energy transition to be successful in Asia, the oil and gas sector must manage the growing energy demand, secure investments for renewables and integrate intermittent energy sources into existing grids, whilst leveraging opportunities to diversify the energy mix and improve resilience.
Singapore, Hong Kong lag in Global Energy Vulnerability Index
This is due to their heavy reliance on energy imports.
ACEN gets green light to sell maiden Philippine Peso-dominated preferred shares
The company could raise up to PHP438m from the 25 million preferred shares issuance.
Commentary
Supply chain efficiency, skilled manpower are key for India’s renewable energy