APAC
EY Partner about not far off energy future: Empowering customers and rethinking power infrastructures in a transitioning energy mix
EY Partner about not far off energy future: Empowering customers and rethinking power infrastructures in a transitioning energy mix
The immediate future will be crucial in forging a more sustainable and customer-centric energy framework within the region.
Masdar raises $1b through second green bond for clean energy projects
This follows the initial issuance in 2023 amounting to $750m.
Global electricity demand to log highest levels in 2024-2025
This is seen to reach 4% globally.
Solar corporate funding down 10% in H1 2024: Mercom Capital
This was despite a 9% increase in the number of deals.
Kyrgyzstan secures $13.6m boost for Kambarata-1 Hydropower Plant
The project is seen to generate almost half of the country’s current output.
Countries at risk of missing 2030 renewable energy target: IRENA
A minimum 16.4% growth rate is needed to triple total capacity.
ACEN secures $150m green term loan to boost APAC expansion
This has a five-year term.
Some power technologies lag in reaching 2030 net-zero emissions: Mckinsey
To solve this, the report recommends aggressive cost reduction.
Permit processes need streamlining to drive APAC’s wind energy growth
A ‘route-to-market’ approach will help emerging markets boost their offshore wind capacity, says expert.
Over $1.1t investment opportunities seen in Asian markets’ renewable supply chain by 2050
Capacity by then can generate 873 GW of green energy.
World Bank unveils 10-year initiative to boost energy efficiency in Central Asia
The programme, which also covers Europe, will have a funding of over $3b.
Asian markets’ expanding wind sector attracts investors: report
The region’s wind power sector saw 82.9 GW of new capacity in 2023.
How is APAC faring in managing solar PV waste?
Recycling solar panels remains expensive compared to bringing the waste to landfills.
APAC accounts for nearly 80% of global coal output in 2023
Production was led by Australia, China, India, and Indonesia.
APAC consumes almost 80% of global energy in 2023: report
It also accounted for nearly half of the world’s demand.
Growth of global solar projects slows to 8%: BMI
This was due to trade policy risks.
Solar generates 20% of global electricity on summer solstice: Ember
This increased from last year’s 16%.
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