News
Philippines’ First Gen posts 52% net income growth
Its attributable recurring net income stood at US$89m.
Philippines’ First Gen posts 52% net income growth
Its attributable recurring net income stood at US$89m.
JERA, Summit partner to develop energy supply chain in Bangladesh
The MoU was valued at US$2b.
Coal divestment of global financial institutions double in three years
Whilst European FIs are leading coal divestments, FIs from Asia are also rapidly increasing.
Thermal plants remain significant to Philippines’ energy security, AboitizPower says
This comes amidst peak energy demand during the summer.
Mauban-based coal plants boost Philippines’ Luzon grid
The two plants combined contribute around 915 megawatts of power to the Philippines’ grid.
Snowy Hydro project completion delayed by up to 2 years
It would be completed by December 2029 at the latest.
TNB, Glomac ink MOU for green energy collaboration
The partnership will focus on floating solar and other green facility development.
Philippines’ ACEN net income climbs to US$36m in Q1
This is up by 5 times compared to the previous year.
AGL’s Liddell Power Station shuts down after 52 years
The coal plant will be converted into a renewable energy hub.
PLN, 3 other firms ink deal to build 70MW wind power plant in Indonesia
These include Total Eren, Adaro Power, and PJBI.
ACME Group, IGL to set up green hydrogen infrastructure
The companies will also promote the adoption of green hydrogen.
How soon should the world retire coal plants to meet climate goals
GEM estimated coal retirement globally needs to be almost five times faster.
NTPC installs first overseas capacity in Bangladesh
It developed Unit 1 of the Maitree Super Thermal Power Plant.
Avaada Group secures $1b for green hydrogen, ammonia development
The investment came from Brookfield Renewable.
ACWA Power secures finance for 200MW solar plant in Egypt
The project is targeted to commence commercial operations in January 2024.
How much Bangladesh needs annually to reach its 2041 target
The country wants to increase its renewable energy capacity to 40%, IEEFA said.
ADB to study early coal retirement in Kazakhstan
This will be accomplished through the bank’s energy transition mechanism program.
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