News

Sun Cable raises $152.3 capital for Australia-Asia power system

The project is the largest intercontinental renewable power system.

Why are Australia’s coal plants exiting at a faster pace?

Coal plants’ profitability is declining with the entry of low-cost renewable energy.

Energy-related CO2 emissions reach all-time high in 2021: IEA

Global emissions reached 36.3 billion tonnes, led largely by China.

Solarvest secures contracts for 40MW solar plants development

The three solar plants to be constructed were valued at around $36.8m.

Bangladesh to continue relying on gas power: report

This is despite its 30% renewable energy target by 2030.

Rapid growth in power consumption seen in Bangladesh within 10 years

This is thanks to its booming garment industry, Fitch Solutions reported.

EMA, retailers work to offer more fixed-price plans for businesses

The price plans range from a duration of six months to three years.

Renewable growth is grappling in South Korea

Could this be due to geographical barriers, prices, or the presidential elections?

Philippines’ ACEN net income jumps 22% YoY to $101.6m in 2021

It plans to invest around $1.1b to expand its renewables portfolio.

China could face ‘stronger competition’ in energy imports: Analyst

This is due to the changing energy supply pattern amidst the Russian conflict with Ukraine.

Jinko Power bags 300MW solar project in Saudi Arabia

The construction period is expected to spread over 2022 to 2023.

Gas demand in Eastern Australia could drop by 60% in 2050

Demand has been declining due to the clean energy transition.

Vietnam’s renewables growth to slow in near-term: report

This is due to regulatory and operational uncertainties, Fitch said.

Asian Power Summit returns to discuss pertinent issues in energy sector

The two-day summit will take place on April 20 to 21, 2022.

Government incentives to boost solar manufacturing in India: report

The PLI scheme and the 2022 budget allocation could produce at least 40GW of solar modules.