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This is equal to the total power output of China and the US.

The sector saw a record-high 14GW additions in 2022.

The financial commitments during the period declined on the other hand.

Battery investments in the region will triple in 2023.

The US, China, and Europe comprised 90% of the total investment.

It is poised to be a regional outperformer for renewables. 

The IWPP could produce 1,500MW of electricity.

Helietta Holdings plans to continue to develop the cross-border electricity project.

This comes as more financial institutions commit less funding for fossil fuels.

The consortium also includes Mainstream Renewable Power, Reventus Power, and Direct Infrastructure. 

The intake reached 23.5GW of activity, Wood Mackenzie reported. 

The fund will be used by Stanwell to support front-end engineering and design study.

This is also intended to advance Malaysia’s bid to be a renewable energy hub. 

The project forms part of the Smart Grid Pilot Project in Mae Hong Son province. 

The EMA and IEA will hold a training programme for more than 160 participants. 

this is despite its reliance on coal, Fitch Solutions reported.