News
Philippines' Meralco cuts capex to half
This is caused by lower power demand due to the pandemic.
Coal generation in Australia's NEM fell by 1.11GW in Q1
A surge in power outages in February and March in New South Wales drove the decline.
Vietnam adds 2.7-3GW gas-fired projects to national planning
Their first phases are set to be commissioned in 2025-26.
Indonesian government's subsidy debt to PLN hits $3.1b
The slow disbursement of funds has put a strain on the state utility’s cash flow.
Solar FiTs not enough to boost Vietnam's investor sentiment: report
Tight deadline for the projects drives investments outside the FiT allotment.
India's wind power installation hits 2.07GW in FY2020
Tamil Nadu emerged as the leading wind installer.
150 GW of renewables in Asia Pacific at risk if recession stretches
A loss of 380 TWh in power demand is expected this year.
Avaada Energy wins 2GW solar project in India
The auction by state-owned NHPC attracted seven bidders.
South Australia to see growth in wind and solar generation in 2020-2021
Wind farms could bring a total of 1.28GW by 2027-2028.
Philippines' AC Energy to fully divest coal assets by 2030
It plans to expand its renewables capacity to 5GW by 2025.
Thailand's EGCO Group buys stake in 640MW offshore wind developer
The developer is owned by WPD and a consortium of Japanese investors.
India's thermal plant efficiency to drop amidst commercial demand slump
The average load factor of thermal plants dropped to 52.55 in March.
Sumitomo Mitsui Financial Group to halt funding for coal plants
This marks the 18th global financial institution to exclude coal for funding in 2020.
China's SGCC resumes construction of 800kV transmission line
It was suspended in the Hubei province due to the outbreak.
Adani Green Energy forms JV with TOTAL
The portfolio totalling 2.148GW includes Restricted Group 1 & 2 projects.
China cuts subsidy for new solar projects in 2020
The total subsidy for solar will average $214m for the year.
Singapore's Sembcorp rolls out renewable energy certificate platform
It aims to woo companies into purchasing volumes of RECs to offset their carbon footprint.
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