In Focus
India’s utility-scale solar addition to slow in 2023
India’s utility-scale solar addition to slow in 2023
The sector saw a record-high 14GW additions in 2022.
Clean energy investment to rise to US$1.7t in 2023: IEA
This includes funding for renewables, EVs, nuclear power, grids, and storage.
Vietnam approves National Power Development Master Plan VIII
Renewables are expected to account for 67.5% to 71.5% of the total electricity by 2050.
India to craft carbon credit trading scheme
This will support the country’s goal to cut emission intensity.
Only East Asia can meet pumped storage target by 2050
The region’s capacity growth will be largely driven by China.
How much Bangladesh needs annually to reach its 2041 target
The country wants to increase its renewable energy capacity to 40%, IEEFA 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.
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India’s energy crossroads: Why the power sector must focus on infrastructure modernisation and system resilience
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