Energy
Thailand’s new government faces tough choices on green energy
Critics argue that a policy to boost renewable energy, as currently framed, disproportionately favours large energy conglomerates over smaller players[BANGKOK] Thailand’s new government is preparing to approve a transformative...
India’s Solar Energy to invest 180 billion rupees in renewables by 2030, mulls IPO
STATE-OWNED Solar Energy Corporation of India (SECI) on Friday (Sep 20) pledged to invest 180 billion rupees (S$2.9 billion) in equity for renewable capacity expansion by 2030, and announced...
Singapore to double energy import capacity under regional power trade deal
Renewable power import capacity will rise to 200 megawatts on additional supply from MalaysiaSINGAPORE will boost its renewable energy import capacity to a maximum of 200 megawatts, thanks to...
Germany eyes Uniper IPO after historic energy crisis bailout
GERMANY’S government took a first step towards privatising Uniper, the utility it nationalised at the peak of Europe’s energy crisis in 2022 after Russia curbed gas flows to the...
Sembcorp unit to acquire 30% interest in Senoko Energy
Sembcorp Utilities’ acquisition is expected to be completed in the fourth quarter of 2024, subject to certain conditionsSEMBCORP’S wholly owned subsidiary Sembcorp Utilities has signed a sale and purchase...
India gets US$386 billion funding to expand renewable energy capacity by 2030
RELIANCE and Adani, India’s two biggest conglomerates, and other firms committed to help the country reach its goal of 500 gigawatts (GW) of clean energy by 2030, while financial...
Cop29 to call for sixfold increase in global energy storage
The hosts of this year’s global climate talks will ask over 190 countries to back a Group of Seven target to increase global energy-storage capacity more than sixfold by...
Europe: Banks, energy stocks weigh on bourses; BMW tumbles
EUROPEAN equity markets largely lost ground on Tuesday, weighed by bank and energy stocks as investors tread cautiously ahead of key US inflation data and an anticipated European Central Bank rate...
