News

Sri Lanka sets 70% renewable energy goal by 2030

The remaining 30% of the country’s electricity will be from other sources.

Indonesia aims to launch largest floating solar project in SEA

This 145 MW project will begin commercial operation by November 2022.

Bank of the Philippine Islands to cease coal financing by 2033

BPI aims to stop lending 45% of coal-fired powered projects.

India to cut up to 35% greenhouse gas emissions

The country aims 40% installed capacity from non-fossil fuel resources by 2030.

China reopens 53 coal mines addressing surging power demands

These mines’ production capacity equals 110 Mt/year.

South Korea permits construction of Shin Kori 5-6 nuclear reactors

Commercial operation by 2023-2024 is to be expected.

China commences work on Xudabao nuclear unit 3

CNNC starts construction work of its $17b-worth project.

India’s JSW Energy to expand green power capacity

The country is developing about 2.5 GW of renewable projects.

Israel to launch carbon tax in 2023

Gradual carbon tax increment will be imposed until 2028.

SEA vigorously navigates energy transition, hurdling odds

The rapid decline in renewables cost provides opportunities for clean energy transition. 

Philippines’ renewable energy for takeoff as coal faces termination

Almost 1,500 MW of wind and solar are now in operation, along with 655 MW of solar that secured financing.

China isolatedly supports 56% of coal power development overseas

China looked increasingly isolated as other nations and financial institutions continue to withdraw from coal. 

Malaysia determined to reduce carbon intensity at 45% by 2030

The country sets an increase of 10% reduction of economy-wide carbon intensity.

MHI finalises takeover of Mitsubishi Power operations

The business and employees will integrate into MHI effective 1 October.

Taipower applies to decommission Maanshan nuclear plant

The plant’s 40-year license expires in 2025.

China’s Sinopec to boost natural gas output by 60%

The company plans to go carbon neutral by 2050.