News

Sembcorp, BCG Energy to develop 1.5GW renewable energy project in Vietnam

The first phase of the collaboration will involve initial funding of $40.95m

Nuclear power “essential” in hitting Paris Agreement target: IEA

Every 1,000MW of nuclear energy could reduce carbon emissions by 3.1 million CO2-equivalent tonnes per year. 

5GW of Australia’s coal capacity will close sooner than expected

This will bring down Australia’s coal capacity to 14GW by 2030, the IEEFA reported.

Wind power finds niche in Asian markets, Fitch reports 

India and Vietnam are projected to increase their wind capacity to 43GW and 13GW, respectively, by 2030. 

China tops world’s solar market: report

The market has some 437GW of additional solar capacity between end-2020 and 2030.

48MW Tra Vinh intertidal wind project in Vietnam goes online

The project was also among the 28 wind farms that met the deadline to qualify for feed-in tariffs. 

Thailand, Singapore lead in energy transition readiness in SEA: PwC

These countries ensure 100% energy accessibility and have over 40% reserve margins.

Rapid pipeline expansion of offshore wind seen in Asia: Fitch

China alone is projected to add 332GW of wind capacity in the next decade.

Solar power to push Malaysia’s renewables growth

The LSS3 and LSS4 programmes have expected capacities of 490MW by end-2023.

Here’s why Vietnam is an investment hotspot in wind power

It is seen to bring over 400% capacity growth in wind power in the next decade.

Sembcorp acquires 35% of China-owned wind and solar assets

This will contribute to its 10GW gross installed renewable capacity by 2025.

India 'outperforms' other wind power markets: Fitch

India is expected to double its wind capacity between 2021 and 2030.

Scaling up India’s storage capacity will be slow: IEEFA

India will need 27GW of grid-scale battery, the Central Electric Authority said. 

India struggles to meet 2030 climate targets: Fitch Solutions

The country plans to generate 50% of its power from renewable sources by 2030.

Round-the-clock tenders likely to fill India’s firm RE need

Demand for uninterrupted RE is anticipated after India's COP26 pledge.

China, Japan’s aid vital for Indonesia’s energy transition: IEEFA

These countries can provide technology for grid upgrades and smart grid equipment.