News
Coal, Renewables to dominate Vietnam’s electricity mix by 2024
Coal, Renewables to dominate Vietnam’s electricity mix by 2024
Coal and renewable energy will account for 43% and 42% of its electricity mix, respectively.
Coal-fired generation share in Australia’s electricity to fall to 47% in 2024: IEA
This is due to capacity retirements and increase in renewables.
India, IRENA partner for RE, green hydrogen push
The two will collaborate to assess the role of green hydrogen in India’s energy transition.
Electricity demand grows 3.8% in Southeast Asia last year after 2020 decline: IEA
This was met by renewables as well as coal, and gas generation.
SMC Global Power Holdings’ first 20MW battery storage begins operation in the Philippines
It forms part of a 470MW battery project.
Clean energy transition to gain momentum in China: Woodmac
About 120GW of new solar and wind capacity is expected in 2022.
Masdar, Cosmo Energy sign MoU for RE dev’t exploration in Japan
The agreement includes exploration of offshore wind projects.
APAC electricity demand to grow 4% annually to 2024
The growth rate stabilises following an 8% increase in 2021.
SPNEC to develop 10 GW solar project
This is a 10-fold increase from the Philippines grid-connected solar capacity.
Asia amongst key drivers of growth in nuclear power: report
32 nuclear reactors under construction are expected to bring 30GW in electricity per year.
Restrictions in banking of power threatens renewables growth in India
Without banking power, the business model of solar power becomes unviable.
Masdar to explore RE export from Indonesia to Singapore
It will look into the development of a 1.2GW solar capacity in Indonesia.
Masdar, Mitrabara form renewables firm for Indonesia’s C&I segment
The joint venture will operate under the brand Solar Radiance.
Asian LNG imports to grow 3.7% annually over the next decade
This is to support the increasing demand, according to Wood Mackenzie.
ReNew Power, Fluence to form energy storage joint venture
The joint venture is expected to start operations in the first half of 2022.
Solarvest, QBE, Anora sign MOU to offer solar investment insurance
The product will allow coverage of consequential loss due to damages on property during PV installation.
Solar power to get 'lion’s share' of funding in next 5 years
Over 58% agreed the sector will attract the bulk of investments in Asia.