IPP

Meralco breaks into the Philippines’ solar industry with Spectrum 

Spectrum has an installed capacity of more than 50 megawatts throughout the country. 

Meralco breaks into the Philippines’ solar industry with Spectrum 

Spectrum has an installed capacity of more than 50 megawatts throughout the country. 

APAC to lead floating solar demand

China will have the highest installed capacity globally by 2031 at 13.8GW.

Global floating solar to exceed 6GW by 2031

The sector is expected to grow by 15% annually until 2031.

India’s RE capacity reaches 301GW

Around 172GW of the total had already been deployed.

PIF subsidiary, ACWA Power invest US$3.25b in Saudi Arabia solar projects

The three solar projects seek to produce a combined capacity of 4.55GWac. 

Masdar clean energy capacity reaches 20GW in 2022

It increased by 33% compared to the previous year.

JERA, NTT Anode to buy Green Power Investment

The transaction will be completed by the end of 2023.

CLP electricity sales in Hong Kong up 2.6% YoY in Q1

The commercial sector saw significant demand due to the lifting of pandemic restrictions.

First Gen subsidiary wins bid for Casecnan hydropower plant

The 165MW hydroelectric power plant is located in Nueva Ecija.

ACWA Power attributable net profit up 78% YoY in Q1 2023

Its operating income increased 7% YoY during the period.

UAE-based Masdar commits £1b to develop battery storage in the UK

The company will use the technology platform Kraken to manage the batteries. 

Adaro Energy core earnings up 11% YoY to $538m in Q1

Its net revenue increased by 50% reaching around $1.8b.

Tata Power profit rises 77% YoY in FY23

All its business clusters showed robust growth during the period.

Philippines’ First Gen posts 52% net income growth

Its attributable recurring net income stood at US$89m. 

Mauban-based coal plants boost Philippines’ Luzon grid

The two plants combined contribute around 915 megawatts of power to the Philippines’ grid.

AGL’s Liddell Power Station shuts down after 52 years

The coal plant will be converted into a renewable energy hub.