In Focus
Asia’s power consumption to grow 3.5% annually in the next decade
The region has the world’s largest growing electricity demand, Fitch Solutions said.
Asia’s power consumption to grow 3.5% annually in the next decade
The region has the world’s largest growing electricity demand, Fitch Solutions said.
Australia’s large-scale new RE construction hits record high in 2022
Clean energy investments reached $4.2b.
India is set to be the 2nd largest solar PV manufacturing market
The module manufacturing capacity more than doubled to 38GW in March 2023.
Carbon capture and storage for fossil-fired plants risks worsening energy inflation
IEEFA argues the economic case for CCS in fossil-fired power plants is weak.
Indonesia to install 450MW wind power by 2027
The additions could be raised to 550MW if barriers are addressed.
Global renewable investment reaches record-high $500b in 2022
Energy transition technologies investments also reached a record $1.3t.
Coal’s share in Indonesia’s energy mix reaches 64% in 2022
The share of renewables is at 20%.
Leader Energy gains ground in Cambodia with new transmission line project
This Malaysia-based firm aims to accelerate Cambodia’s transition to cleaner energy sources.
KS Orka’s gradual development model increases geothermal projects success
By implementing this strategy, the company can mitigate the risk of incurring a $5m loss from drilling a single well.
Southeast Asia's nuclear ambitions dashed by public opinion
As of 2023, there are 422 operable nuclear power reactors in the world, but none from SEA.
Philippines considers nuclear as a solution to potential baseload power crisis
But amendments to energy laws are needed, DOST-PNRI Director Carlo Arcilla said.
ACEN's successful ETM deal marks a new era for coal divestment
The ETM transaction will enable the early retirement of the South Luzon Thermal Energy Corp. Power Plant.
Why India is a key investment destination for renewables
Key policies open the market for global and domestic investors.
Could current and planned renewables capacity offset coal
Over 3,200GW wind and solar are projected to be installed by 2030.
Reducing green hydrogen production costs hangs on gov’t support
Hydrogen can reduce 10% of the total emissions to meet the global net-zero target, IRENA said.
High capital cost for renewables to persist in 2023: report
But its impact on prices and technology will vary amongst developers.
Governments clean energy spending reaches $1.2t: IEA
The investments were fuelled by energy security concerns.
Commentary
Offshore wind power needs Singapore’s expertise as Asia’s reliance on fossil fuels rises