renewable energy projects

Sanli Environmental signs power purchase agreement for maiden renewable energy project - THE EDGE SINGAPORE

Energy

Sanli Environmental signs power purchase agreement for maiden renewable energy project

Sanli says it is dedicated to championing sustainable projects in the region, with the project being its first in Thailand.

Company in the news

Keppel Infrastructure Trust to acquire 45% stake in German renewable energy company's solar portfolio

AssetCos' solutions are leased to households under 20-year lease agreements, providing “highly predictable” cash flows to KIT.

Broker's Calls

Analysts keep 'buy', 'add' and 'accumulate' calls on Sembcorp after $14 bil renewable energy solution plan announced

Sembcorp will fund these initiatives without equity fundraising, but analysts believe in its strong operating cash flow.
Maybank increases Sembcorp TP to $6 citing 'confluence of growth factors' - THE EDGE SINGAPORE

Broker's Calls

Maybank increases Sembcorp TP to $6 citing 'confluence of growth factors'

Maybank analyst Kelvin Tan has reiterated his 'buy' rating for Sembcorp with an increased TP of $6.00, up from $4.35 previously.

Oil & Gas

Kim Heng positive about energy market growth; works up appetite for fleet expansion

CEO Tan says Kim Heng’s new focus on renewables will grow in tandem with its traditional oil and gas segment.
Earnings from higher power demand help Sembcorp Industries pivot to renewables - THE EDGE SINGAPORE

Corporate moves

Earnings from higher power demand help Sembcorp Industries pivot to renewables

Higher energy prices saw SCI announce a net profit of $883 million for FY2022 before exceptional items, up 83% y-o-y.

Broker's Calls

Analysts maintain 'buy' for Sembcorp after further renewable acquisitions in China

Analysts from CGS-CIMB Research and PhillipCapital have also maintained their TPs of $4.78 and $3.68 respectively.

Corporate moves

EDPR Sunseap signs MoU with Korea East-West Power to 'accelerate' energy transition

EDPR Sunseap and Korea East-West Power will jointly develop renewable energy projects in priority markets.

Broker's Calls

Renewable energy contract wins sees SAC Capital call 'hold' for Kim Heng with TP of 10.16 cents

The company's offshore windfarm projects are concentrated in Taiwan and Vietnam, as well as across the Eastern Seaboard of the US.

Environmental, Social and Governance

Renewables a reassurance for Asean with energy security in the fore

Solutions to ESG issues are still in their nascent stages, but renewables could provide assurance for energy security.
×