Power Utility

South Korea needs faster offshore wind permitting, says GWEC

It usually takes a decade to complete the permitting processes.
1 day ago

South Korea needs faster offshore wind permitting, says GWEC

It usually takes a decade to complete the permitting processes.
1 day ago

China Huaneng's new energy capacity surpasses 180 million kW

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

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

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

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.
2 days ago

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

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

CLP Power's Q1 electricity sales rise 3.7% YoY

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

Tata Power achieves record profit of $512.5m in FY2024

Thanks to the strong performance of its core businesses.
4 days ago

AboitizPower’s net income rises 4% YoY in Q1

The company increased its capital expenditure this year by over two-fold.
4 days ago

Australia launches 1.7 GW RE tender in Victoria and Tasmania

This is the country’s largest tender for the month of May.

Hydropower output drops to 5-year low globally

The gap left by hydropower was met by fossil generation.

Renewable energy share in world’s electricity mix surpasses 30%

China is the main contributor as it comprises over half of the wind and solar installations.

ACEN’s net income surges 34% YoY in Q1

The company has reached its 2025 5 GW renewables capacity target during the period.

Pressures mount for less desirable energy insurance placements in the region

Industry experts eye offshore investments as most attractive, yet more expensive.

Will the government pay for coal power exit in Vietnam?

The country’s coal power phase-out strategy sees renewables accounting for 67.7%–71.5% of the energy mix by 2050.

LNG sector faces oversupply amidst sluggish demand growth.

Global LNG supply will grow 40% in five years from 2023 to reach 666.5 mtpa by 2028.

Water risks cost coal industry billions in losses

Intensified climate impacts drive financial, operational challenges.

Vietnam plans coal phase-out amidst growing energy sector

Strategic shift towards renewables and LNG amidst environmental concerns.