APAC

The company has been able to provide outstanding accomplishments through the visionary leadership of its CEO.

The survey found that 70% are not willing to spend more money and time on the transition.

However, 65% of energy users are aware of the various sustainable energy products and services.

CLP Power Hong Kong Limited (CLP Power) has effectively managed peak demand and integrated sustainable concepts in substation design whilst continuing to supply its customers with world-class reliability.

Rystad Energy said the sector will continue to address the energy trilemma.

Vehicle-to-grid (V2G) technology is seen as a groundbreaking innovation towards the resilience of the power grid and the improvement of robust energy transition.

Final investment decisions reached for the sector reached over 12 GW, excluding China.

Companies can gain competitive advantages by focusing on their operations, human capital, data management, supply chain, and more, aligning these with evolving regulations and risks. 

This is supported by the Inflation Reduction Act’s investment tax credit and other incentives.

This is thanks to the slowed growth of new projects in Asia.

India, China and Southeast Asia are the main growth drivers.

Global gas demand will increase by 2.5% with 100 billion cubic metres.

Renewables will surpass coal by early 2025 in electricity generation.

UPC Power Solutions now has over 170 MW operating renewable energy portfolio.

This will support energy transitions and climate-smart agriculture initiatives.

The industrial sector will push the demand for the two Asian nations.