News
News
May 03, 2024
Philippines sets goals to double solar, quadruple share of wind in power output
Philippines aims to increase solar power share to 5.6% and wind power share to 11.7% in 2030, up from 2.4% and 3.1% respectively in 2024, according to government presentation, potentially leading to one of the cleanest grids in the region.
May 02, 2024
Equinix inks PPA with Sembcorp in Singapore to power data center
Colocation company Equinix has entered into a solar power purchase agreement (PPA) with Sembcorp in Singapore to supply renewable energy to its data center.
April 30, 2024
Seven countries now produce nearly all of electricity from renewables
According to recently compiled data, seven countries now generate almost all of their electricity from renewable energy.
April 26, 2024
ACEN to invest $15 billion to expand renewable power capacity
ACEN Corp., the energy arm of Philippine conglomerate Ayala Corp., anticipates investing $15 billion to expand its renewable power generation capacity to 20,000 MW by 2030.
April 24, 2024
Sam Altman ventures into renewable energy to tackle data center power demands
Sam Altman, OpenAI CEO, to address the massive power demands of data centers, has recently expanded into renewable energy, particularly focusing on solar power and energy storage, alongside investments in nuclear fusion technology.
April 19, 2024
Indonesia president, former UK Prime Minister explore renewable investment in Nusantara
Indonesia President Joko Widodo and former British Prime Minister Tony Blair engaged in discussions on 18th regarding investment opportunities in the new capital of Indonesia, Nusantara, for the development of renewable energy and Carbon Capture and Stora
April 17, 2024
Solar Philippines’ joint venture partner secures loan for Indonesia's largest solar farm
Energy firm Solar Philippines announced that its Jakarta-based partner has secured a loan to finance the largest ground-mounted solar project in Indonesia.
April 16, 2024
Frasers Property works with SP Group to install solar panels across seven properties
Frasers Property is collaborating with SP Group to install nearly 4,500 square meters of solar panels across seven of its retail and commercial properties in Singapore. This is the largest single solarization rollout for retail malls in the country.
April 16, 2024
Vietnam plans to boost rooftop solar with surplus power wholesale mechanism
The Vietnamese Ministry of Industry and Trade held a meeting to discuss “The draft of rooftop solar power stimulus package” on Apr. 10. Minister Nguyen Hong Dien revealed that surplus electricity can be sold to power companies for financial gain.
April 15, 2024
Malaysia launches new pricing for green electricity with cheaper tariffs
The Ministry of Energy Transition and Water Transformation of Malaysia (PETRA) has launched a new tiered pricing mechanism with lower rates for the Green Electricity Tariff (GET) program set to a quota of 6,600 GWh this year.
