News

Speeding up energy transition key to ensuring energy security: report

Price increases in oil and gas can have long-term implications.

Speeding up energy transition key to ensuring energy security: report

Price increases in oil and gas can have long-term implications.

Thyssenkrupp Nucera opens new office in Australia

The electrolysis specialist said the demand for green hydrogen is expected to grow.

South Korea’s ODIN, G8 partner to develop offshore, marine RE projects

The companies seek to develop a charging tower powered by wind amongst others.

Chinese gencos to see earnings recover in 2022: report

This comes as CreditSights expect the cost of coal to be lower this year.

Masdar, NPCC ink deal for RE dev’t exploration

They will initially focus on offshore wind projects.

Solar Philippines unit gears up bid bonds for 10GW project 

This is in line with the requirements of potential off-takers.

NTPC commissions 20MW solar project in Gujarat

This is the first part  capacity of the 56MW Kawas Solar PV Project

Probe of solar imports from Southeast Asia may cost US 17.5GW new capacity

The probe involved imports from Cambodia, Malaysia, Thailand, and Vietnam.

SEA gas demand to more than double to 350 bcm by 2050

This is driven by the power generation sector due to the electricity demand.

First Gen income slips to $78m in Q1 

The company linked this to a decline in its natural gas and geothermal platforms.

ACEN, Puri Usaha Group form JV for RE projects in Indonesia

The Surgayen platform intends to work on the cross-border project between Indonesia and Singapore.

Higher crude oil prices drive PetroEnergy income up 48% in Q1 

The Philippine-based company’s consolidated income stood at P253m.

Urgent action needed for a ‘resilient’ energy transition: WEF

Countries should diversify their energy mix and make binding climate commitments.

SJVN secures 90MW floating solar project

It is expected to be commissioned within 15 months after the signing of a PPA.

Asian markets may ‘ramp up’ coal as gas prices rise: report

Coal will continue to dominate the region’s power mix through 2027.

Price hike, supply issues to continue straining gas power in Asia: Fitch

This will particularly impact Japan, South Korea and Taiwan.

Philippines’ ACEN net income falls 68% YoY to $7.7m in Q1

This is due to the higher costs of purchased power in the spot market.