Vincent Mariel Galang
Citicore’s net income up 9% to $15.47m in 2023
Thanks to higher revenues driven by the sale of electricity.
FRV Australia starts construction of 100-MW Terang battery project
This can store a total energy of 200 megawatt-hours.
JERA, Denso to develop hydrogen generation technology using SOEC and waste heat
This will be tested in JERA’s thermal power plant.
Is India deploying enough RE to meet its 2031-2032 power demand?
The country needs at least 35GW to reach its 500-GW target in six years.
China accounts for 50% of global PV inverter shipments
Global shipments grew 56% last year.
NTPC targets $1.44b debt issuance
The debt will fund capacity expansion.
Tajikistan bags $21m grant for renewable energy expansion
This will help upgrade a 240-MW hydropower plant.
Synera bags development capacity for Taiwan’s Formosa 6 wind project
This has a maximum capacity of 1 GW.
ADB invests $100m for decarbonisation of India’s commercial, industrial sector
This will encourage the building of more solar capacity.
ACWA Power’s net profit up 36% to $251.19m in H1
A number of projects went online in the past months.
Adani Green cash profit up 32% to $16.68m in Q1 FY 2025
Thanks to capacity expansion.
RATCH Group’s PH solar plant goes online
It has a 10-year PPA with an Aboitiz unit.
Goi Thermal Power Station Unit 1 starts commercial operation
This has 780 MW generating capacity.
Tata Power Solar, Bank of India to offer financing for rooftop solar installation
This will also support building of EV charging stations.
CLP Holdings earnings up 17.6% to HK$5.95b in H1
Thanks to strong performance in Hong Kong and other markets.
India OKs SJVN’s investment proposal for hydro project in Nepal
Authorities also approved an equity investment of $208.52m.
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Commentary
How pump retrofits boost profitability and efficiency in ageing power plants