Power Utility

Solar power to lead RE investment growth

Grid investments will reach $400b in 2024.

Solar power to lead RE investment growth

Grid investments will reach $400b in 2024.

Sinopec and PETRONAS sign MoU to enhance energy value chain cooperation

The collaboration will include the areas of new energy and CCUS.

ReNew’s net profit rebounds to $50m in FY 2024

It has a total portfolio of 13.5 gigawatts.

China to exceed green hydrogen goals ahead of schedule

Its projected new installed capacity in 2024 will generate 220,000 tpa of green hydrogen.

First Gen sets $1.27b capex for 2024

The funding focus will be hydropower and other renewable energy projects.

NHPC seeks bidders for 1.2 GW solar power projects

NHPC will sell the power from the solar projects to state utilities and discoms.

Asia Pacific dominates global wind market with 71% share

Record installations highlight the region's renewable energy surge.

MENA residential users to pay higher electricity prices

They are expected to pay an average tariff rate of $0.98/kWh.

China’s coal power consumption to halt growth by 2025

Non-fossil fuel sources will dominate the country’s power mix by around 2045.

Middle East power demand to hit 2,000 TWh by 2030

The residential sector comprises 40% of the total demand.

Why Singapore could be the ‘tipping point’ for ASEAN renewable and grid development

Heavily reliant on gas, the country is still on track for its 2035 net-zero target, but could be more ambitious to hit its 2050 goal by 2045.

Australia to double renewable capacity by 2033

This will be supported by the Future Made in Australia package

Coal-fired Eraring Power Station retirement postponed to 2027

Started in 1984, the plant is initially targeted for closure as early as August 2025.

Renova unit’s biomass plant supplies power to NTT Docomo

The plant began selling on long-term fixed-price contracts with power retailers in 2023.

Asia's demand for US LNG remains strong in May

This is driven by imports in Japan, India, and South Korea.

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