APAC
Gas turbine services market to reach $32.1b by 2031
Gas turbine services market to reach $32.1b by 2031
Modernisation of power plants and increasing industrialization drive service demand.
Tis the season for all things merry and bright!
We're taking the time off and will be back on 5 January 2026.
Grid infrastructure constraints to become paramount concern in 2026
AI, storage capacity, and grid-forming inverters are top modernisation trends for 2026.
Geothermal heat pump market to expand 7.6% CAGR by 2031.
Market expansion is fueled by rising focus on clean heating and energy security.
Thermal energy storage market projected to hit $1.27t by 2035
Market growth is driven by renewable energy demand, regulations, and grid stability efforts.
GWEC and The Copper Mark partner to ensure responsible copper sourcing for wind
The agreement promotes harmonised ESG standards throughout the global wind value chain.
Bifacial solar market projected to reach $31.1b by 2031
Dual-sided solar panels can generate up to 30% more energy than traditional modules.
A cool, sustainable solution to drive Southeast Asia’s sustainable energy future
SP Group aims to address the region’s rising cooling needs with the more energy-efficient district cooling system.
Global hydrogen fuel cells market forecasts 8.3% annual growth
Some factors that will drive the growth are energy transition efforts and net-zero goals.
Smart micro hydropower market reaches $2.456b by 2032
In APAC, the market is seen to grow 6.4% annually to 2031.
Global geothermal market to breach $10b by 2032
APAC accounts for the biggest share, thanks to its abundant reserves.
Clean energy outpaced fossil fuel investments in 2024, IRENA says
Combined investment in clean energy technology amounted to an estimated $1.19t.
Companies told to drop manual systems as 2030 renewable deadline nears
They risk falling further behind if they fail to modernise.
Japan’s perovskite targets face cost and durability gaps: IEEFA
Perovskite cells currently have lifetimes of 5–12 years.
ADB and IAEA fuel nuclear energy cooperation
This follows the bank’s move to update its policy to support nuclear projects.
ADB updates energy policy to enhance access and security
The changes allow the bank to back nuclear power development.
ADB grants $700m loan for Kyrgyz Republic’s green projects
This will be rolled out until 2027.