News
Philippines’ ACEN net income climbs 25% in Q2
Its net income stood at P1.8b during the quarter.
Philippines’ AboitizPower to explore 3,000MW offshore wind power
The country only has a capacity of 443MW onshore win, as of 2020.
TNB, Petronas, IHI hold ammonia combustion test for coal-fired generation
This will help decarbonise Malaysia’s power sector.
Japan’s Taketoyo coal plant unit starts operations
It has a generating capacity of 1,070MW.
Masdar, TANESCO ink deal for 2GW RE development
A joint venture company will be formed for the project development.
B.Grimm Power, INNIO ink MoU to develop power plants in Thailand
The partnership will focus on the LNG and natural gas segments.
Australia to provide funding for hybrid solar, heat pump system demonstration
This will be used at a commercial poultry broiler facility.
Tata Power unit commissions 225MW hybrid power project in Rajasthan
This is Tata Power’s first hybrid project.
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.
Indian PM to dedicate 5 NTPC RE projects to the nation
These include the two largest floating solar projects in India.
Philippines’ SMC Global Power lists P40b bonds
This will allow the company to provide reliable power supply.
TNB eyes early retirement for coal plants to accelerate sustainability goals
It plans to retire 1400MW plants up to one year before the expiration of the PPAs.
Neoen, Flow Power ink 40MW PPA for wind farm in Australia
Goyder South Stage 1 wind farm is expected to operate in 2024.
Neoen, Flow Power ink 40MW PPA for wind farm in Australia
Goyder South Stage 1 wind farm is expected to operate in 2024.
Japan’s JERA posts JPY11.7b loss in Q1
This is a JPY75.8b drop from the JPY64b profit last year.
ADB, Masdar to build 230MW solar power plant in Azerbaijan
The loan financing the project is worth $21.4m.
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