News
Around 680GW wind energy capacity to be installed by 2027: report
Around 680GW wind energy capacity to be installed by 2027: report
Policy changes are needed to prevent supply bottlenecks by 2026.
Sembcorp terminates solar energy, battery project in Indonesia
The agreement was signed with PT PLN Batam and PT Trisurya Mitra Bersama.
At least $21.4t power grid investment needed by 2050: Report
This is in line pursuit of net zero targets across the globe.
Rooftop solar powers more Australian houses than coal
Rooftop solar systems provided 14% of Australia’s electricity needs during the summer.
Bundelkhand’s 8 solar park projects get green light
The solar parks have a total capacity of 4,995 megawatts.
Philippines’ First Gen posts 5% recurring net income growth
Its net income stood at US$265m.
Asia accounts for over half of new RE capacity in 2022
China led the growth with the addition of 141GW during the period.
Middle East posts record-high RE growth in 2022
Its capacity rose by 12.8% last year.
ADB, SAEL Industries partner to develop biomass energy in India
The loan agreement amounts to $91m.
Consortium formed to develop floating offshore wind in New South Wales
The projects are planned to be developed in Hunter and Illawarra regions.
Solar PV Power secures funding for 10MW project in Malaysia
The project is expected to start operations in the second quarter of 2023.
JERA to acquire Belgium’s largest offshore wind platform
Parkwind NV has a total capacity of 771 megawatts.
Renewable generation capacity grows by nearly 10% globally in 2022: IRENA
Current renewable capacity stood at 3,372GW.
No ASEAN power grid direct investment plans yet for SG
The country will first focus on regional partnerships, the Ministry of Trade and Industry said.
Nuclear ‘renaissance’ is possible despite hurdles: Wood Mackenzie
National governments will need to address more than just competitive costs and innovations.
Increased investments could lower SMR cost to competitive levels by 2050
SMRs can be a viable competitor with renewable energy, Wood Mackenzie noted.
Policy support for nuclear power expands in 2022
This comes as markets look for a more low-carbon energy supply, Wood Mackenzie reported.
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Commentary
How pump retrofits boost profitability and efficiency in ageing power plants