IPP

TAQA, ADNOC, Mubadala acquire stake in Masdar

They will hold the shares in Masdar’s renewable and green hydrogen business

TAQA, ADNOC, Mubadala acquire stake in Masdar

They will hold the shares in Masdar’s renewable and green hydrogen business

TNB profit dips 4.3% YoY in first 9 months

It was affected by higher foreign currency losses.

AGL to cease Torrens Island ‘B’ Power Station operation in 2026

Its economic viability will be affected by the completion of Project Energy Connect.

ReNew Power posts $12m net loss in Q2 FY23

Its portfolio reached 13.4GW as of 30 September.

Brookfield, MidOcean proposes Origin Energy shares acquisition

The proposal is priced at A$9 per share or a total of A$18.4b.

Adani unit cash profit up 50% in Q2 FY23

Its operational capacity grew 24% YoY to 6,724MW.

NTPC profit up 3.65% YoY in H1 FY23

Its generation rose by around 15% to 204 billion units.

ReNew Power aims to reach net zero by 2040

It avoided over 11 million tonnes of carbon emissions in the past year.

ACWA Power net profit surges 110% YoY in first 9 months of 2022

Its operating income before impairment loss and other expenses grew by 11% YoY.

Adaro Energy net profit jumps 366% YoY in first nine months

This is on the back of the rise in average selling prices.

Why Philippines’ EDC will not fire up coal

The devastating effects of climate change led the company to develop REs only.

Philippines’ ACEN to offer P10b green bonds

This will fund three major solar farms with a combined capacity of about 460MW. 

ONGC signs 6 contracts for offshore fields in Arabian Sea, Bay of Bengal

Four of which were signed as the sole bidder, whilst two were in partnership with IOCL.