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Australia unveils roadmap for domestic solar manufacturing
Australia unveils roadmap for domestic solar manufacturing
It will place priority on polysilicon production and manufacturing of solar cells and modules.
Basic Energy to develop 50 MW solar, BESS project in northern Philippines
The project will be installed in two phases.
Southeast Asia’s 1st tidal energy plant to be deployed in the Philippines
The project will be installed in late 2025.
Government support to boost offshore wind sector
Final investment decisions reached for the sector reached over 12 GW, excluding China.
Malaysia’s Ditrolic Energy secures BlackRock’s financial support
The partnership aims to develop over one gigawatt of solar projects.
NTPC, Numaligarh Refinery partner to develop green project
This will include the development of a proposed bamboo-based bio-refinery.
NGEL to bolster green hydrogen projects in Maharashtra
The MoU will accumulate a potential $10.7b (₹80,000 crores) in investments.
Australia invests $46m in Townsville Region Hydrogen Hub
The project will start construction in 2025 and will be completed in 2026.
EDPR enters Australia, acquires 1.5 GW renewable assets
The company purchased local renewables company ITP Development.
Energy storage VC funding up 59% YoY to $9.2b in 2023
This is supported by the Inflation Reduction Act’s investment tax credit and other incentives.
Coal generation to fall by 0.3% YoY in 2024
This is thanks to the slowed growth of new projects in Asia.
SGEL to develop 360 MW solar project in Gujarat
The project is set to supply energy for over 901.87 million units in the first year.
EMA awards 600 MW hydrogen-ready CCGT development to YTL PowerSeraya
The new unit is expected to be commissioned by end-2027.
APAC accounted for over 50% of 2023 power demand: report
India, China and Southeast Asia are the main growth drivers.
CapitaLand India switches on 21 MW captive solar power plant
It can meet the power demand of two million square feet equivalent of office space.
Origin OK’s large-scale battery dev’t at Mortlake Power Station
The project is expected to start operations in late 2026.
Gas demand is projected for solid growth in 2024, despite global uncertainty
Global gas demand will increase by 2.5% with 100 billion cubic metres.
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1. $281b annual investment projected as Southeast Asia scales energy transition 2. Asia fusion market enters decisive phase with $5b China lead 3. Grid-forming inverters seize control to stabilise Asia’s power 4. India advances green shipping with ₹1,200 crore Kandla e-methanol plant 5. India could double biofuel production by 2030 with stronger policiesResource Center
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The firm achieved recognition for initiatives addressing critical water access in Bali, reforestation in West Java, and sustainable supply systems in East Java.
