APAC
Energy transition needs new grid strategies
Energy transition needs new grid strategies
Action-oriented, long-term grid construction plans are crucial for future supply needs.
22 hours ago
Global power consumption to grow 4% annually
Thanks to power-hungry sectors.
6 days ago
Utility-scale solar and wind pipeline grows by 20% in 2024
Major economies contributed minimally to new construction.
Fewer countries build new nuclear reactors in 2024
This decreased to 13 countries.
Maldives seeks bids for up to 150 MW of solar power
This will include a battery storage facility.
Long-duration energy storage to double in 2025
Thanks to the increasing demand for energy storage solutions.
Eyes on nuclear, hybrid power in 2025
There is nuclear resurgence in Japan and Korea, and high battery storage demand in India.
AI boosts renewable energy predicting and grid planning
Smaller grids are seen to lead AI adoption.
World’s operational offshore wind capacity grows 15% in 2024
China accounted for the majority of the additions.
Energy sector M&A hits $400b in 2024: report
Mergers and acquisitions in the industry reached a new record.
WFO launches power purchase agreement committee
This will promote knowledge sharing amongst others.
Green hydrogen to make up 83% of low-carbon capacity by 2030
The hydrogen market is set to occupy a critical role in decarbonisation.
Why investors’ infrastructure portfolio needs energy transition boost
Maximising opportunities in energy transition is essential for optimal portfolio performance.
Chinese firms install 24 GW of energy capacity in Belt & Road countries
Aside from solar, hydro power led last year’s installations.
Global Renewables Alliance names GWEC CEO as chairman
Outgoing chair Julia Souder will be vice-chair and a member of the steering committee.
Solar energy funding down 24% in 2024
There were also fewer deals.
Energy storage funding up 5% in 2024
This was despite a decline in the number of deals.