IPP
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.
UAE to maintain thermal power dominance in generation mix
Thermal power installed capacity will reach 46.1 GW by 2035.
J-POWER acquires Genex Power
Genex will become a subsidiary of J-POWER.
ReNew exceeds 10 GW capacity
This came following the completion of a 1.94 GW project.
Adani Green becomes India's 1st company to surpass 10 GW capacity
It is spread across solar, wind, and wind-solar hybrid projects.
Citicore logs 12% YoY income growth to $24.8m in 2023
This is on the back of its “strong guaranteed base lease.”
Digital transformation boosts profits for 72% of energy sector businesses
They employ low code/no code or cybersecurity systems.
Alternergy's AWPC forges Interconnection deal with NGCP for Alabat wind project
The project is projected to begin operations by end-2025.
Stonepeak invests in APAC onshore energy wind platform
It will hold 80% in TerraWind Renewables.
AGEL powers 1 GW of the 30 GW Khavda Renewable Energy Park
The Khavda Renewable Energy Park will be completed in the next five years.
First Gen acquires 165 MW hydropower plant
The acquisition includes the switchyard, administration complex, guest house and roads.
EDPR enters Australia, acquires 1.5 GW renewable assets
The company purchased local renewables company ITP Development.
APAC accounted for over 50% of 2023 power demand: report
India, China and Southeast Asia are the main growth drivers.
Genesis Energy restarts Huntly Unit 5
The 400 MW unit experienced an outage on 30 June.
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