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Power sector to drive 40% to 50% of natural gas demand by 2050
Electrification needs will propel demand growth.
Power sector to drive 40% to 50% of natural gas demand by 2050
Electrification needs will propel demand growth.
Solar Philippines enters PPAs with PLN for 50 MW solar projects
The two projects are located in Bali.
China to lead CCUS investments by 2050
China, North America, ASEAN and India account for 70% of the investments.
Australia unveils National Energy Performance initiative
It aims to support energy-saving upgrades.
Wollar Solar to acquire TPC shares
The transaction is valued at $65.7m.
ASEAN energy demand to grow by 21% in 2024
Fossil fuel will still account for the largest share in energy consumption.
Bangladesh foresees surge in natural gas electricity production by 2032
The power sector accounted for a 39% share in the total natural gas consumption in 2023.
ASEAN nears 35% regional renewable energy target
This is despite the slight decline of renewables’ share in the total capacity in 2022.
RWE to develop 495 MW offshore wind project in South Korea
It secured its first exclusive development rights for offshore wind in the country.
Adani Green becomes India's 1st company to surpass 10 GW capacity
It is spread across solar, wind, and wind-solar hybrid projects.
Barito Wind Energy acquires majority stake in PT UPC Sidrap Bayu Energi
It will hold a 99.99% stake in the company.
ENR private equity deals in APAC grow amidst energy transition focus
This is despite the overall private equity decline in the region.
High import duties stifle Bangladesh's rooftop solar growth
There is an information asymmetry within the sector.
Citicore logs 12% YoY income growth to $24.8m in 2023
This is on the back of its “strong guaranteed base lease.”
J-POWER and Yamna partner to develop green hydrogen projects
The Japan-based J-POWER aims to achieve net zero by 2050.
Energy demand transformation could lead to $2t in annual savings
This will also reduce energy intensity by 31%.
NEFIN secures $2.8m loan from Bank SinoPac Hong Kong
This will be used to support the energy firm’s green projects.
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1. Malaysia launches platform for RE cross-border sale to Singapore 2. ASEAN could save $800b in decarbonisation costs with regional cooperation 3. Australia launches largest renewable energy tender 4. Chinese IPPs’ debts to grow 9.3% for clean energy investments 5. REDC to develop 320 MW seawater pumped storage hydropower projectResource Center
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The awards programmes are accepting nominations until 19 July 2024.
The awards programmes are accepting nominations until 19 July 2024.
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1. Malaysia launches platform for RE cross-border sale to Singapore 2. ASEAN could save $800b in decarbonisation costs with regional cooperation 3. Australia launches largest renewable energy tender 4. Chinese IPPs’ debts to grow 9.3% for clean energy investments 5. REDC to develop 320 MW seawater pumped storage hydropower projectAwards
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