Power Utility

Saudi inks 2 PPAs for 1,100 MW wind projects

The agreements mark the lowest cost of wind power production in the world.

Saudi inks 2 PPAs for 1,100 MW wind projects

The agreements mark the lowest cost of wind power production in the world.

Global gas-fired power generation rises slightly by 0.8% in 2023

The US largely drove the gas generation, followed by China and Iran.

Coal power remains dominant, comprising 35% of global electricity generation

China and India are the top producers of electricity using coal

Philippines DOE and US partner to enhance energy workforce and promote renewables

The US will support the implementation of the Civil Nuclear Cooperation Agreement.

Sinopec and TotalEnergies sign strategic cooperation

They will work on areas including oil and gas, and new energy.

India's coal-fired power share drops below 50% in Q1

Renewables accounted for 71.5% of the new capacity additions.

CLP Power Hong Kong initiates asset review after power incidents

The company reported voltage dips in April and March.

Japan reduces fossil fuel generation by 8% in 2023

This is driven by the increasing renewables capacity and declining power demand.

BESS gains edge with declining costs

It costs less compared to pumped-hydro storage and Compressed Air Energy Storage.

Global bioenergy electricity production rises 3.1% to record 697 TWh

China, Brazil, and Japan are the top bioenergy producers.

AboitizPower finalises 15.6% stake acquisition in STEAG State Power

This brings the company’s total equity interest to 85%.

South Korea needs faster offshore wind permitting, says GWEC

It usually takes a decade to complete the permitting processes.

China Huaneng's new energy capacity surpasses 180 million kW

The share of low-carbon and clean energy installed capacity reaches 48.47%.

China leans heavily on fossil fuels for 65% of electricity in 2023

Despite this, the country also led in solar and wind energy generation.

Global nuclear generation up 1.8% in 2023, led by US and China

Japan saw the fastest growth in nuclear share as it resumed operations of reactors.

Bangladesh's energy efficiency boost may save $460M in LNG costs

Gas-fired power plants with low efficiency use more gas annually.

CLP Power's Q1 electricity sales rise 3.7% YoY

The commercial segment held a 40% share in the 7,279 GWh total sales.