Staff Reporter
Saudi Arabia’s ACWA power expands in Uzbekistan
Saudi Arabia’s ACWA power expands in Uzbekistan
The company seeks to develop gas-to-power, renewable energy, and green hydrogen.
ACEN unit bags AU$100m loan for RE project
This forms part of its 20GW target by 2030.
AGL underlying profit down 58% YoY in FY2022
A drop in trading and origination electricity earnings contributed to this.
India may not reach 175GW RE capacity target by 2022: Fitch
The passage of the Energy Conservation (Amendment) Bill will support its growth.
India RE open access capacity climbs by 1.9GW in 2022: report
The market size is estimated to have grown to 10GW in 2022.
NTPC commissions 56MW Kawas Solar project
Its solar installed capacity is now at 69,454MW.
TNB to invest $4.5b annually for energy transition
It will invest in regional interconnection to help decarbonise the ASEAN power sector.
ReNew Power secures $1b loan for hybrid battery-enabled project
This is the largest ECB project loan in India’s renewable sector.
JERA to acquire 35.1% stake in Vietnam RE firm
Vietnam-based Gai Lai Electricity currently has around 600MW capacity.
KHNP, Doosan Enerbility, manufacturers sign deal to support nuclear energy
The MoU targets to “raise competitiveness through mutual growth.”
SPNEC to complete share swap with Solar Philippines by end-2022
The company wants to complete the private placements to increase public float.
Australia’s energy industry posts 16.7% MoM turnover growth in June
It has the largest percentage growth for two consecutive months.
MWM gas gensets generate energy from kitchen waste
Its recently installed projects in China show their capabilities in producing energy from waste treatment projects.
Philippines’ First Gen net income drops 13% in H1
This is despite a 21% growth in revenue.
A Resilient and Sustainable Energy Future – 15th Singapore International Energy Week
SIEW 2022 will take place in Singapore from 25 to 28 October 2022.
ARENA funds $1.27m MGA Thermal energy storage project
It has a planned capacity of 5MWh.
ACWA net profit rises 21% in H1
Its net profit stood at SAR542m during the period.
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