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.