News

AIIB, GEAPP to invest $1b for energy transition projects

They will identify co-financing opportunities in both the public and private sectors.

AIIB, GEAPP to invest $1b for energy transition projects

They will identify co-financing opportunities in both the public and private sectors.

Tata Power unit to build 150MW solar project in Maharashtra

It is expected to be commissioned within 18 months from the PPA execution date.

Masdar to co-develop 10GW onshore wind project in Egypt

An MoU was signed with Infinity Power and Hassan Allam Utilities.

NTPC profit up 3.65% YoY in H1 FY23

Its generation rose by around 15% to 204 billion units.

Japan, 8 others join Global Offshore Wind Alliance

The alliance targets to speed up the installation of offshore wind.

JERA, Chevron tie up to study lower carbon technologies

They will focus on the Asia Pacific region and the US.

Renewables are now more cost-effective for Indonesians: report

Energy cost-saving is estimated to be worth US$400b-600b to 2050. 

ACEN divests 246MW Philippine coal plant

This is the first-ever transaction completed through the Energy Transition Mechanism. 

ReNew Power aims to reach net zero by 2040

It avoided over 11 million tonnes of carbon emissions in the past year.

Targeted RE capacity needs to be doubled by 2030 to reach climate goals

Total capacity needs to reach 10.8TW from the current target of 5.4TW.

Japan, US governments asked to beef up nuclear energy dev't

 The JAIF and NEI asked the two governments to improve the energy market and regulation.

Pertamina backs Indonesia’s 2060 net-zero target

Indonesia raised its carbon emission reduction target to 31.89% by 2030.

ACEN Australia greenlights Stubbo Solar Project

The 400MW project will produce enough clean energy to power 185,000 households.

ACWA Power net profit surges 110% YoY in first 9 months of 2022

Its operating income before impairment loss and other expenses grew by 11% YoY.