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Asia’s low-carbon investment to increase 12% YoY in 2023
Asia’s low-carbon investment to increase 12% YoY in 2023
Africa is expected to see the highest growth of 26%.
Low-carbon projects spending to increase 10% YoY in 2023: Rystad
This is a slowdown compared to the average of around 20% increase in recent years.
Other RE sector in India to expand slower than solar: report
Onshore wind and biomass are seen to reach 90.3GW and 17.5GW in 2032, respectively.
India misses 2022 renewable capacity target
But the solar sector posted a sharp increase of 12.8GW during the period.
Sun Cable submits to voluntary administration
This is due to the absence of alignment with the shareholders’ objectives.
China, Australia drive Asia’s energy storage market: report
The markets to account for 31% and 26% of the total electricity generation.
US, Australia amongst leading battery systems market: report
The markets account for 55% of projects globally, Fitch Solutions reported.
Cambodia’s energy transition program gets ADB boost
This includes a $50m loans and a $23m investment.
Shell Energy to develop 500MW/100MWh battery project in Australia
The project will be connected to the 300kV Wallerawang Substation.
Masdar, Kyrgyzstan to develop 1GW renewable projects
It will start with a 200MW solar plant which is scheduled to operate by 2026.
ReNew Power deploys India’s 1st 3x platform wind turbine generators
The generators have a nameplate capacity of 3.3MW to 3.465MW.
‘Subdued’ long-term growth seen in Japan’s nuclear power sector: report
Nuclear power generation will likely increase to 88TWh in 2031 from 57.3TWh in end-2021.
Solar to see strongest growth in Japan’s power sector
It is expected to rise to 113GW in 2031.
All systems go for ACEN Australia’s Stubbo Solar Project
The company has issued a notice to proceed with the project.
ACWA Power, Uzbekistan gov’t to develop 1.5GW wind plant
The project is expected to commence full operations by 2027.
ADB, Mongolia sign deal for $2m fund for renewable heating systems
The project will be completed by 2025.
India commences 1st green hydrogen blending
It was done in the pipe natural gas network of NTPC Kawas township, Surat.
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