Staff Reporter
Global renewable investment reaches record-high $500b in 2022
Global renewable investment reaches record-high $500b in 2022
Energy transition technologies investments also reached a record $1.3t.
ENGIE Lab Singapore features cutting-edge and future-proof R&D facility
The platform consists of a unique smart multi-fluid microgrid combining numerous green technologies to produce and store electricity and hydrogen.
ACEN to develop over 1.2GW hybrid renewable energy in India
This is in partnership with BrightNight.
EWEC targets 7.3GW solar capacity by 2030
It also plans to develop 300MW of battery storage.
Tata Power unit bags PPA for 510MW hybrid project
It will be operational within 24 months from the execution date of the PPA.
Masdar to develop 70MW solar plant in Côte d'Ivoire
It will support the country’s goal of having 45% renewables in its energy mix by 2030.
Adaro core earnings surge 140% YoY to $3.01b in 2022
Its revenue hit a record-high $8.1b.
Total Eren opens 4th Australia office
The company plans to develop renewable hydrogen projects in Western Australia.
Australia’s clean energy investments up 17% YoY in 2022
However, more is needed to be done to achieve the RE target on the NEM.
EGAT partners with 5 Japanese firms for carbon reduction tech development
This includes clean hydrogen and BESS.
Vena Energy’s India hybrid plant project reaches financial close
It is targeted to start operations by the fourth quarter of 2023.
China dominates global wind turbine orders in 2022
The market accounted for 70% of the order capacity during the year.
AboitizPower net income climbs by 32% in 2022
Its net income stood at P27.5b (US$497.7b).
ACEN net income reaches US$236m in 2022
This is up from US$94.9m in 2021.
Queensland buys 1,100-km power line project
The project construction will begin in 2024.
Eurus Energy restarts operations of Hokkaido’s 3 wind farms
The plants with 8.34MW total capacity can power around 14,000 average households.
Tata Power’s RE arm secures $525m investment
The completion of the equity infusion will support TPREL’s growth plans.
Thought Leadership Centre
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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.
Commentary
Supply chain efficiency, skilled manpower are key for India’s renewable energy