IPP

ACEN, ENEX cancel property-for-share swap agreement

The companies cited challenging economic conditions for the cancellation.

ACEN, ENEX cancel property-for-share swap agreement

The companies cited challenging economic conditions for the cancellation.

Prime Infra to acquire controlling stake in Philippines’ Malampaya gas project

The gas project supports 20% of the country’s electricity requirement.

TNB sees double-digit profit drop to RM9b in Q1

This was due to the exponential increase in fuel prices.

ReNew Power increases RE portfolio by 700MW

This brings the company’s total portfolio to 12.8GW.

Sembcorp's gross renewables portfolio can generate 6.8GW

This is after the company completes the acquisition of a 658MW portfolio in China.

AGL Energy withdraws demerger proposal 

The company believes it will not receive the required 75% approval threshold. 

Adani Green ‘switches on’ 390MW hybrid power plant

It is the first wind and solar hybrid power generation plant in India.

Masdar, BEEAH launch first commercial-scale waste-to-energy plant 

The facility will divert 300,000 tonnes of waste from landfills annually.

ACEN Australia begins 50MW battery storage development

This will be connected to the New England Solar Farm in New South Wales. 

Solar Philippines unit gears up bid bonds for 10GW project 

This is in line with the requirements of potential off-takers.

First Gen income slips to $78m in Q1 

The company linked this to a decline in its natural gas and geothermal platforms.

Higher crude oil prices drive PetroEnergy income up 48% in Q1 

The Philippine-based company’s consolidated income stood at P253m.

Philippines’ ACEN net income falls 68% YoY to $7.7m in Q1

This is due to the higher costs of purchased power in the spot market.

Vena Energy forms consortium to develop offshore wind project

The consortium was formed with Shikoku Electric Power Co., Inc. and Toho Gas Co., Ltd.

Adani Power profit soars over 280% in 2022

The company recorded a profit after tax, worth INR49.12b for FY 2022.