The Solar Energy Corporation of India (SECI) awarded 1,350 MW as part of the Tranche IV auction for 1,200 MW interstate transmissions system (ISTS)-connected wind-solar hybrid power projects on a build, own and operated basis (India).

The Indian power electric utility Tata Power targets 15 GW of renewables capacity by 2025 and 25 GW by 2030.

India’s refining capacity stood at 251 Mt/year at the end of 2020. India is the fourth largest producer of oil products in the world, with an output of 232 Mt in 2020 (-11% compared to 2019). The country is a net exporter of oil products (12.5 Mt in 2020).

The Xudabao nuclear project is owned by Liaoning Nuclear Power Company, a joint venture of CNNC (70%), Datang International (20%) and State Development and Investment Corporation (10%).

Since 2010, China’s natural gas output increased on average by 7.5%/year to 195 bcm in 2020.

CGE is one of the largest electricity distribution companies in Chile and supplies electricity to 45% of the country's households.

The new net zero emissions target was at least a decade earlier than the 2070 target, President Joko Widodo said in March.

Historically just one of the major providers of finance to overseas coal power projects, China has more recently looked increasingly isolated as other nations and financial institutions continue to withdraw from coal.

The Solar Energy Corporation of India (SECI) plans to tender a 2,000 MWh standalone energy storage system (ESS).

Filipino households pay on average $0.189 (PHP9.5) per kilowatt-hour—the highest rate in Southeast Asia by far.

"Samsung C&T is delighted to invest in and explore global carbon-free power opportunities together with NuScale Power and Fluor Corporation, leading companies in the SMR nuclear business," Se Chul Oh, Samsung C&T’s Engineering & Construction Group president and CEO, said.

China aims for renewables to account for at least 50% of its installed capacity by 2050, and energy storage would allow the country to ensure stable operation of the electric grid system.

"In our oils-to-chemicals business, we generated strong earnings through our integrated portfolio and superior product placement capabilities," said Mukesh Ambani, chairman and managing director of Reliance Industries.

The Indonesian state-owned oil and gas company PT Pertamina plans to invest US$12bn to add 10 GW of "clean" power capacity by 2026, including 6 GW of gas-fired power plants, 3 GW of renewables such as geothermal and 1 GW from other projects like “blue” and “green” hydrogen.

The Hang Seng index (.HSI) led losses with a 1.9% drop, its eighth consecutive session in the red, with more falls in internet giants Tencent (0700.HK), Meituan (3690.HK) and Alibaba (9988.HK) as the sector reels from sweeping Chinese regulatory scrutinty.