APAC
Bangladesh pivots to coal amidst renewables challenges
The market plans to increase coal-based power generation capacity.
Bangladesh pivots to coal amidst renewables challenges
The market plans to increase coal-based power generation capacity.
Clean energy tech investment reaches over $1.4t in 2022: IEA
It is around 70% of the total energy investment growth.
Asia’s low-carbon investment to increase 12% YoY in 2023
Africa is expected to see the highest growth of 26%.
Low-carbon projects spending to increase 10% YoY in 2023: Rystad
This is a slowdown compared to the average of around 20% increase in recent years.
Masdar, Kyrgyzstan to develop 1GW renewable projects
It will start with a 200MW solar plant which is scheduled to operate by 2026.
Could current and planned renewables capacity offset coal
Over 3,200GW wind and solar are projected to be installed by 2030.
Ukraine crisis ushers in a new era of energy security for Asia
This is despite reports that the market may even be tighter in 2023 if China imports more LNG.
ADB, Mongolia sign deal for $2m fund for renewable heating systems
The project will be completed by 2025.
ADB grants $5M for renewable energy projects in Micronesia
This is on top of the $500,000 worth of in-kind support from the government.
Reducing green hydrogen production costs hangs on gov’t support
Hydrogen can reduce 10% of the total emissions to meet the global net-zero target, IRENA said.
Enhance the reliability of boiler-feed pumps for flexible thermal power generation
It’s no secret that renewable energy's variety and unpredictable nature is putting pressure on the grid.
High capital cost for renewables to persist in 2023: report
But its impact on prices and technology will vary amongst developers.
Renewable energy accounts for only 14% of Asian bank’s financing
No discernible upward trend was seen in the past six years.
Governments clean energy spending reaches $1.2t: IEA
The investments were fuelled by energy security concerns.
Global energy efficiency investments jump 16% YoY in 2022: IEA
It reached $560b this year.
Long-duration energy storage projects attract over $58b in investment in last 3 years
This could lead to 57GWs of energy storage capacity, Wood Mackenzie reported.
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1. Sembcorp inks 2 long-term PPA with Equinix 2. Philippines expects over 4,000 MW of power projects to begin operations this year 3. Singapore awards PacificLight Power contract for fast start generating units 4. ‘Hybrid approach’ essential for energy security amidst geopolitical instability 5. LNG sector faces oversupply amidst sluggish demand growth.Resource Center
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The awards programmes are accepting nominations until 19 July 2024.
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1. Sembcorp inks 2 long-term PPA with Equinix 2. Philippines expects over 4,000 MW of power projects to begin operations this year 3. Singapore awards PacificLight Power contract for fast start generating units 4. ‘Hybrid approach’ essential for energy security amidst geopolitical instability 5. LNG sector faces oversupply amidst sluggish demand growth.Awards
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