News

Australia invests $151m to reduce solar import reliance

This will help expand the state’s supply chain capabilities.

Smart micro hydropower market reaches $2.456b by 2032

In APAC, the market is seen to grow 6.4% annually to 2031.

Global geothermal market to breach $10b by 2032

APAC accounts for the biggest share, thanks to its abundant reserves.

South Korea needs accelerated renewables as carbon risks threaten exporters: report

The think tank estimated that CBAM certificates could cost Korean chipmakers about $588m between 2026 and 2034,

Clean energy outpaced fossil fuel investments in 2024, IRENA says

Combined investment in clean energy technology amounted to an estimated $1.19t.

Global power grid investment reaches US$359b in 2024: report

But it fell short of the USD671b annual investments needed to be reached between 2025 and 2030, IRENA said.

NexGen Energy secures 1.7 GW of wind energy deals in PH

The projects represent $2.5b in prospective investment.

India’s installed power capacity hits 5.05 Lakh MW

Non-fossil fuel sources dominated the total capacity.

India looks into new scheme to fuel floating solar and agri photo-voltaic development

The country intends to focus on these solar technologies that do not require large land.

Snowy Hydro bags wind and energy storage deals in Australia

The wind and power storage projects will commence operations in 2029 and 2027, respectively.

ACWA Power achieves financial close for 15 GW of RE projects in Saudi Arabia

The projects to be built comprise solar and wind facilities.

Philippines adds 956 MW of new power generation capacity

The majority of the additional capacity came from 12 renewable energy plants.

India eyes opening nuclear power market to private players

This is seen to create various opportunities to fuel nuclear capacity.