News
Australian PV researchers get $31.1m gov’t funding
Australian PV researchers get $31.1m gov’t funding
This will enable them to extend their solar research activities to 2030.
Tata Power Solar commissions largest floating solar farm in India
The 101.6MWp solar project is located in Kayamkulam, Kerala.
Battery energy storage investment to climb US$20b in 2022: IEA
This is largely led by grid-scale deployment.
South Korea bares gov’t plans to support nuclear energy sector growth
It includes the reconstruction of New Hanwil nuclear plant units 3 and 4.
Vena Energy bags $63.4m green loan for 26MW solar project in Japan
It is co-financed by the Sumitomo Mitsui Trust Bank.
IRENA, OPEC Fund tie up to advance RE investment
This is in pursuit of a “just, inclusive, and equitable energy transition.”
SG kicks off multilateral cross-border trade of renewable energy
The renewable hydropower was imported from Lao PDR via Thailand and Malaysia.
Asia to account for over 60% of global solar growth
Solar capacity in the region will grow by about 760GW from now to 2031.
India’s RE auction to continue attracting large developers
IEEFA said current challenges will not have long-term impact to India’s energy sector
Mainland China to dominate solar market growth: report
It will add 559GW of solar capacity until 2031.
Saudi’s ACWA Power to develop 1.1GW onshore wind project in Egypt
It is expected to operate by the end of 2026.
Philippines’ DOE holds auction for 2,000MW clean energy
The auction was joined by 24 qualified bidders from various energy sectors.
Asia overtakes Europe as key importer of seaborne Russian oil: report
India’s imports alone grew 658% against 2021 levels.
Offshore wind CAPEX in China to decline in next decade: report
Capital expenditure in the market is expected to drop to $7.7b in 2030.
‘Strongest’ growth potential in gas-to-power sector seen in APAC: report
This includes Southeast Asian markets, such as Vietnam, and the Philippines amongst others.
APAC is ‘outperformer’ in gas generation: Fitch
Its gas generation volume will rise by 898TWh from 2022 to 2031.
Terrenus Energy, LONGi bring nearly 20MWp solar modules to Changi Airport
This is expected to generate some 23.9GWh of clean energy annually.
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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.
Commentary
Supply chain efficiency, skilled manpower are key for India’s renewable energy