News

China's offshore wind investments to hit $9b yearly until 2040

By 2025, it is expected to have the largest offshore wind fleet in the world.

China eyed to invest $2.5b in solar plant in North Korea: report

In exchange, North Korea will grant China access to a rare earth mine.

Indonesia slashes capacity charges for industrial rooftop solar

Industrial customers are now charged an eighth of the original cost for building their own rooftop solar projects.

JAPC to get $3.22b to reboot nuclear plant near Tokyo

80% of the funds will come from TEPCO and Tohoku Electric Power.

Construction of Southeast Asia's coal plants stalls in H1

Only 1,500MW entered construction in H1 2019, following 2,744MW in 2018.

BHEL commissions 800MW coal project in Gujarat

Development of the unit required a $506m investment.

India seeks 20GW of nuclear capacity over the next decade

It is cutting down on construction costs and time.

Offshore wind to pick up speed in Asia's emerging markets

Its governments will no longer need to subsidise the industry.

Australia's energy transition plan still needed as coal exports decline

The submission emphasised accelerating investments in renewables to create jobs.

Coal transaction costs to dip after China's tariff scheme overhaul

Price drops could go as high as 13% below the current on-grid tariff.

India eyes development of 1GW floating solar plant

The floating solar array would be the world’s largest.

Renewables to eat up 55.7% of Australia's power mix by 2030

Battery-backed wind and solar farms are preferred by market stakeholders.

ACWA Power inks deal for 3,600MW of gas-based plants in Bangladesh

It will also build a regasification terminal worth $500m.

Indonesia's energy sector to grow 5% per year over 2019-2028

The generation and transmission sectors could grow 4.9% annually.

Asia could boost global solar PV capacity by 2030

China will add 25GW of solar power annually over 2019-2030.