News

Global pumped hydropower to reach 233GW in 2031

It will help resolve the intermittency of renewables.

Global pumped hydropower to reach 233GW in 2031

It will help resolve the intermittency of renewables.

FFI, Windlab to develop 10GW wind, solar Super Hub in Australia

The construction of the first stage is expected to begin in 2025.

ADB, Indonesia explore early retirement of Cirebon-1 coal plant

The MoU zeroes in on the retirement of Cirebon-1 in West Java.

First Gen’s net income down 8% YoY to $194m in first 9 months

The result was due to lower earnings in natural gas.

Asia coalition launched to accelerate clean energy procurement

ACEC’s vision includes clean energy’s accessibility and affordability in the region by 2030.

Industry decarbonisation alliance identifies six priorities

The six pillars include renewables, and green energy, amongst others.

How much did these Asian countries saved with solar power 

Seven countries were able to save about 9% of their fossil fuel costs in the first half.

Ingka Group becomes Asia Clean Energy Coalitions’ founding member

The coalition will convene the world’s leading clean energy buyers, investors, and developers.

Brookfield, MidOcean proposes Origin Energy shares acquisition

The proposal is priced at A$9 per share or a total of A$18.4b.

IRENA’s energy transition platform bags $1b investments

The platform aims to ramp up funding for renewable projects in developing countries.

AGL breaks ground for 50MW grid-scale battery

It is expected to start operations by mid-2023.

Adani unit cash profit up 50% in Q2 FY23

Its operational capacity grew 24% YoY to 6,724MW.

Global Power Synergy net profit falls over 50% in Q3

This was linked to the higher fuel prices. 

China’s offshore wind to grow to 97GW by 2031: report

This represents an annual growth rate of 14.3%.

ACWA Power, OIA ink MoU to co-invest in 1.5GW wind project in Egypt

The Oman Investment Authority is looking into owning 10% of the project.