APAC
Global offshore wind capacity rose by 9.8 GW in 2023
The total offshore wind capacity reaches 67.4 GW.
1 day ago
Global offshore wind capacity rose by 9.8 GW in 2023
The total offshore wind capacity reaches 67.4 GW.
1 day ago
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1 day ago
UNEZA aims to increase RE capacity by 2.5 times by 2030
The alliance also emphasised the need for grid infrastructure.
3 days ago
High interest rates pose a threat to the energy transition
It would raise the cost of capital for renewables and nascent technologies.
ACWA Power and IRENA join forces to lead energy transition initiatives
They will also look into driving investment in renewable projects.
Bhutan bags $159.3m loan from EIB for RE projects
This will fund hydropower and solar projects in Bhutan.
APAC leads global wind power sector growth
It posted a 15% YoY increase in terms of additional capacity.
Wind energy sector achieves record growth with 117 GW of new capacity
The installations were located in 54 markets.
APAC markets adjust energy transition plans
Countries may miss 2030 energy targets due to higher demand, slow renewable growth, and renewable power intermittency, a credit analyst warns.
First Gen continues development of 1.2 GW natural gas project
It aims to reach 13 GW of total capacity in the next six years.
Global coal power plant capacity sees highest net growth since 2016
China accounted for two-thirds of the 69.5 GW of new coal plants.
Power sector to drive 40% to 50% of natural gas demand by 2050
Electrification needs will propel demand growth.
China to lead CCUS investments by 2050
China, North America, ASEAN and India account for 70% of the investments.
ENR private equity deals in APAC grow amidst energy transition focus
This is despite the overall private equity decline in the region.
Energy demand transformation could lead to $2t in annual savings
This will also reduce energy intensity by 31%.
Majority of energy companies to invest in employee capabilities
Talents should also be prioritised amidst technology investments.
Digital transformation boosts profits for 72% of energy sector businesses
They employ low code/no code or cybersecurity systems.
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1. Malaysia launches platform for RE cross-border sale to Singapore 2. ASEAN could save $800b in decarbonisation costs with regional cooperation 3. Australia launches largest renewable energy tender 4. Chinese IPPs’ debts to grow 9.3% for clean energy investments 5. REDC to develop 320 MW seawater pumped storage hydropower projectResource Center
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The awards programmes are accepting nominations until 19 July 2024.
The awards programmes are accepting nominations until 19 July 2024.
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1. Malaysia launches platform for RE cross-border sale to Singapore 2. ASEAN could save $800b in decarbonisation costs with regional cooperation 3. Australia launches largest renewable energy tender 4. Chinese IPPs’ debts to grow 9.3% for clean energy investments 5. REDC to develop 320 MW seawater pumped storage hydropower projectAwards
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