Vincent Mariel Galang
Uzbekistan bags $400m funding to strengthen energy, financial markets
Uzbekistan bags $400m funding to strengthen energy, financial markets
One of the goals is to invite more power sector investors.
India green lights 2,600-MW hydro pumped storage plants
This will boost efforts to achieve 74 GW by 2031-2032.
ENEOS inks PPA to supply renewable energy to Amazon
Around 20,000 megawatt-hours will be supplied annually.
EnergyCo releases scoping report for New England RE zone
This establishes the necessary infrastructure to connect the project to the grid.
J-POWER completes acquisition of Genex
The acquisition price was $228m.
PH to resume reserve market early-August
Adjustments to the WESM will be made for this.
China’s wind and solar capacity surpass coal for the first time
In H1, wind and solar added over 100 GW versus 8 GW from coal.
Alternergy breaks ground for 28-MW Solana solar project
This will be completed in 2025.
PH to rollout energy scorecard for climate resilience
The final scorecard for electric cooperatives will be out in September.
FRV Australia secures $781m refinancing for 1-GW solar portfolio
This will also benefit future projects.
Renova’s Tokushima-Tsuda biomass plant resumes operations
It will undergo improvement works and will be shut down again in September.
NTPC unit to build 630-MW solar project in India
This will be completed in 2026.
ACEN acquires 60% stake in 500-MW wind project developer
A $1.25m loan was also executed.
India logs highest coal production in 2023-2024
Coal imports also reached a five-year high.
Adani Power’s net income falls 55% in Q1 FY25
Increasing expenses had an impact on earnings.
India assures operational safety of nuclear plants
Nine reactors are under construction.
ASEAN can better utilise RE through third-party-access principle
Vietnam recently allowed large consumers to directly procure from clean energy producers.
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Commentary
How pump retrofits boost profitability and efficiency in ageing power plants