Vincent Mariel Galang
Aboitiz Power’s earnings down 41% in Q1
Aboitiz Power’s earnings down 41% in Q1
Contributions from Chromite Gas and some solar plants boosted EBITDA.
Meralco’s net income up 10.8% in Q1
Thanks to growth across its business units.
WFO announces new partnership to fuel offshore wind development
This collaboration will focus on Japan.
Offshore wind, energy imports could spur RE deals in Southeast Asia
Investment-friendly policies will push private money into these projects.
What is holding back energy transition in APAC?
Green energy investment in Asia is around 45% of the global level in 2023.
China acts to boost private energy sector
New policies were rolled out to further support the market.
India’s installed nuclear capacity reaches over 8 GW
Around 13 GW are in various stages of development.
Standalone energy storage projects nearly 65% of issued Q1 tenders in India
Such projects are increasing, thanks to government support.
India awards 450,000 MT of green hydrogen projects in Q1
Meanwhile, two “significant” tenders were issued.
Vietnam proposes offshore wind power price cap
Prices have been submitted for onshore and nearshore projects.
NHPC Parbati Hydroelectric Project Stage- II’s last unit starts commercial operation
Construction of the project started 20 years ago.
India installs 28 GW of solar and wind power in FY 2025
The additions were led by solar energy.
Over 900 GW of wind capacity to be installed by 2030
Specifically, offshore wind is showing a promising growth potential.
Aboitiz Power breaks ground for 48-MW Nasipit hybrid energy storage project
This will be completed in 2026.
NSW approves grid access to 3.56 GW of renewable projects
This will benefit over 1.5 million homes annually.
AGEL unit signs deal for energy storage in Uttar Pradesh
The agreement covers pumped hydro storage projects.
Global transformers market to reach nearly $90b by 2030
APAC will lead this growth.
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