IPP
REDC's net income rises 32% in Q1 on hydropower success
Its power generation reached 28.9 kWh from 19.5 kWh in Q1 2023.
REDC's net income rises 32% in Q1 on hydropower success
Its power generation reached 28.9 kWh from 19.5 kWh in Q1 2023.
CKPower suffers $12.6m net loss in Q1
Its revenue declined by 7.3% YoY to $68.4m.
Sarawak Energy sets Batang Ai hydro plant shutdown for digitalisation upgrades
The upgrade will be implemented in three stages.
Acciona Energia acquires 80% share in Philippines’ Freya Renewables
This will add 880 MW of projects to the company’s portfolio.
Genesis Energy plans coal imports amidst decline in gas production
Local gas production was down by 33.4% YoY in April.
ReNew inks 5 PPAs to add 2.2 GW to its renewable energy portfolio
The deals will involve the construction of 1,500 MW of solar and 688 MW of wind projects.
J-Power begins renovation work at Ogamigo Hydro project
The hydroelectric power plant started operations in 1971.
ACEN’s net income surges 34% YoY in Q1
The company has reached its 2025 5 GW renewables capacity target during the period.
First Gen’s Q1 income drops 9% YoY to $81m
Only the company’s hydro platform saw revenue growth.
ACEN invests $522k to ENEX Corp
It subscribed to 30 million non-voting preferred shares.
Will the government pay for coal power exit in Vietnam?
The country’s coal power phase-out strategy sees renewables accounting for 67.7%–71.5% of the energy mix by 2050.
RATCH Group completes $590.67m investment in Indonesia’s Paiton Energy
The company acquires 36.26% shares in the Indonesian firm.
Australia to roll out 1st auction for largest renewable tender in May
The tender rounds will run until 2027.
RATCH Group names new CEO
The new CEO served various key roles in the EGAT.
ASEAN could save $800b in decarbonisation costs with regional cooperation
This could happen in a scenario where sharing of resources is “unconstrained.”
Chinese IPPs’ debts to grow 9.3% for clean energy investments
In 2023, they incurred debts of around $50.3b.
New Zealand pledges $25m to support ADB's Energy Transition Mechanism
This will boost Southeast Asia’s clean energy shift.
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Thailand at the forefront of ASEAN's energy transition: A look ahead to Future Energy Asia
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Co-hosted by industry leaders and supported by government officials, the Future Energy Asia Exhibition and Summit aims to accelerate the region's journey towards net-zero emissions.
Co-hosted by industry leaders and supported by government officials, the Future Energy Asia Exhibition and Summit aims to accelerate the region's journey towards net-zero emissions.
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