APAC
ADB launches grid-connected hybrid renewable energy in Mongolia
The hybrid system includes a solar farm and a battery energy storage system.
ADB launches grid-connected hybrid renewable energy in Mongolia
The hybrid system includes a solar farm and a battery energy storage system.
Strong growth in natural gas generation seen in Asia
This will mostly be driven by Southeast Asian markets.
Lighting up the future with the winners of the Asian Power Awards
Over 60 power initiatives were commended in this year’s awards programme
Israel’s Econergy secures €250m investment for renewable projects
The investment will be provided by RGREEN INVEST.
Reaching climate targets relies on swift reduction of global coal emissions: IEA
There are around 9,000 coal-fired power plants globally with a total capacity of 2,185MW.
Global commission formed to accelerate approvals of renewables, green hydrogen
It is expected to present its recommendations to the UN General Assembly in September 2023.
G7 hydrogen consumption could grow by up to 7 times
IRENA asked the G7 countries to lead the market.
Pavilion Energy, Gasum, CNOOC tie up to reinforce globally LNG bunker supply network
They aim for a central link in the top three bunker regions including China and Singapore.
Just Transition Support Platform for developing countries launched
This forms part of the ADB’s commitment to ensure build capacity of developing countries.
Asia’s pumped hydropower capacity to overtake NAWE in 2023
Developments will mostly be located in Mainland China.
Global pumped hydropower to reach 233GW in 2031
It will help resolve the intermittency of renewables.
Asia coalition launched to accelerate clean energy procurement
ACEC’s vision includes clean energy’s accessibility and affordability in the region by 2030.
Industry decarbonisation alliance identifies six priorities
The six pillars include renewables, and green energy, amongst others.
Fossil fuel cost savings in Asia could reach $44b: report
This $10b more than in the first half of 2022.
How much did these Asian countries saved with solar power
Seven countries were able to save about 9% of their fossil fuel costs in the first half.
Ingka Group becomes Asia Clean Energy Coalitions’ founding member
The coalition will convene the world’s leading clean energy buyers, investors, and developers.
IRENA’s energy transition platform bags $1b investments
The platform aims to ramp up funding for renewable projects in developing countries.
Commentary
Offshore wind power needs Singapore’s expertise as Asia’s reliance on fossil fuels rises