Staff Reporter
Philippines’ SPNEC to complete stock rights offering for share-swap deal
Philippines’ SPNEC to complete stock rights offering for share-swap deal
This will enable its share swap agreement with Solar Philippines Power Project Holdings, Inc. (SP).
Hydrogen market to sustain growth despite global economic headwinds
This is supported by energy transition needs and decarbonisation targets.
Masdar, VERBUND to study green hydrogen production for Central Europe
The generated green hydrogen will be exported to Austria and Southern Germany.
Coal dominates Asia Pacific’s generation mix in 2022
However, the share of low-carbon resources is increasing.
EIB to provide around $1.1b to support green hydrogen dev’t in India
It now joins the India Hydrogen Alliance.
AGL underlying profit down 55% YoY in H1 2023
The results reflected the outages during the period.
Middle East electricity demand up 2.6% YoY in 2022
Gas is the dominant electricity production source.
ONGC unit, YPF SA sign MOU for enhanced energy cooperation
The partnership will cover the development of upstream oil and gas opportunities.
Genesis Energy-FRV Australia JV acquires 52MW solar plant in New Zealand
Once operational, the plant can supply power to 9,800 houses.
Greenko, Uniper to export green ammonia to EU from India
They plan to transport 250,000 tonnes of green ammonia annually.
JERA’s Anegasaki Thermal Power Station New Unit 1 starts operations
The LNG-fired power station has a capacity of 650MW.
Adani unit’s cash profit up 26% YoY in Q3 FY23
It commissioned 1,915MW of renewable projects in the first nine months of FY23.
J-Power’s 7th wind plant in Hokkaido starts operations
The Esashi Wind Farm has a 21MW capacity.
China’s grid capex to recover in 2023
This is due to the rise of renewables capacity.
Masdar opens Azerbaijan office
It is located in the capital city of Baku.
Myanmar, Russia ink deal for nuclear energy cooperation
They will work together on deploying small nuclear power plants.
SEACEF to invest in Skye Renewables
This is in pursuit of Skye’s 300Mwp rooftop solar installation target.
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