News

EMA, SP Group to test ice thermal energy storage system

This will address the supply intermittency of solar power.

EMA, SP Group to test ice thermal energy storage system

This will address the supply intermittency of solar power.

New 72MW solar farm in the Philippines starts operation

The project was developed by ACEN and Citicore. 

Australian energy crisis gives rise to new gas supply need

Energy prices rose 400% up to AU$40 per gigajoule. 

TNB, PETRONAS to explore hydrogen, carbon capture

The companies seek to unlock at least RM10b in commercial value up to 2035.

India could raise RE capacity by about 24GW with wind energy

As of March 2022, 37.7% of its cumulative installed capacity was wind. 

Indonesia’s royalty scheme to drive new coal investment away: report

The government will impose a 28% rate when the coal benchmark price goes over $100/tonne.

Coal companies' cash balance could fund Indonesia’s green transition

The combined cash balance amounted to $6.8b in the first quarter. 

TP Renewable, SIDBI partner to set up 1,000 green energy enterprises in India 

This is meant to promote sustainable rural entrepreneurship.

ReNew Power records US$1m loss in Q123

This is down from a net profit of US$5m in the same quarter in 2022. 

Vena Energy bags JPY5.36b green loan for 17MW solar project

The project is scheduled to start commercial operation in 2023.

TNB, PETRONAS to explore green hydrogen development in Malaysia

This is in line with Malaysia’s carbon-neutral targets.

Saudi Arabia’s ACWA power expands in Uzbekistan

The company seeks to develop gas-to-power, renewable energy, and green hydrogen. 

ACEN unit bags AU$100m loan for RE project

This forms part of its 20GW target by 2030. 

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.

Singapore digs deep to unleash geothermal energy potential

But the volumetric extent of hot rock where geothermal can be sourced is unknown.