IPP
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.
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.
JERA to acquire 35.1% stake in Vietnam RE firm
Vietnam-based Gai Lai Electricity currently has around 600MW capacity.
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.
Philippines’ First Gen net income drops 13% in H1
This is despite a 21% growth in revenue.
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.
Philippines' SPNEC reintroduces itself as SP New Energy Corporation
This changed from SP Nueva Ecija Corporation.
GPSC profit down 70% YoY to $19.3m in Q2 2022
Quarter-on-quarter, the net profit rose 118%.
AGL expands green hydrogen study in Hunter Energy hub
Fortescue Future Industries will provide green hydrogen for the project.
Philippines’ ACEN net income climbs 25% in Q2
Its net income stood at P1.8b during the quarter.
Adani Green Energy’s cash profit up 48% YoY to $86m in Q1 FY23
Its operational capacity rose 65% YoY to 5,800MW.
CLP Power upgrades programme to help businesses save energy, decarbonise
It is backed by the CLP Community Energy Saving Fund with HK$2m support.
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