News

Prime Infra to acquire controlling stake in Philippines’ Malampaya gas project

The gas project supports 20% of the country’s electricity requirement.

Prime Infra to acquire controlling stake in Philippines’ Malampaya gas project

The gas project supports 20% of the country’s electricity requirement.

TNB sees double-digit profit drop to RM9b in Q1

This was due to the exponential increase in fuel prices.

ReNew Power increases RE portfolio by 700MW

This brings the company’s total portfolio to 12.8GW.

India’s RE capacity reaches over 109GW as of Q1 2022

Solar accounted for 49% of the RE mix, followed by wind at 37%.

‘Significant’ expansion seen in floating wind over past six month

This brings the sector to the cusp of global commercial growth, Fitch Solutions reported.

Sembcorp's gross renewables portfolio can generate 6.8GW

This is after the company completes the acquisition of a 658MW portfolio in China.

Wind farm size to expand in next decade amidst cost-cutting pursuit

Onshore and offshore wind could rise to 370MW and 850MW, respectively.

Israel gears up for fourth natural gas exploration offshore bid round

The country plans to export larger quantities of natural gas amidst the crisis.

Australian Labour Party victory to uplift RE growth: report 

Fitch expects greater certainty and more financial support for the sector.

Higher storage capacity to complement China’s renewables expansion

The growth in RE will be met by a 9.7% growth in storage capacity 

AGL Energy withdraws demerger proposal 

The company believes it will not receive the required 75% approval threshold. 

Adani Green ‘switches on’ 390MW hybrid power plant

It is the first wind and solar hybrid power generation plant in India.

Shizen Malaysia, Top Glove enter PPA for 10MWp rooftop-solar project

This will reduce Top Glove’s CO2 emission by around 13,000 tonnes annually.