News

Global wind installations to reach 934.6 GW by 2030

Global wind installations to reach 934.6 GW by 2030

China's major manufacturers are increasingly concentrating global market share leadership.

Can solar and offshore wind replace nuclear as Taiwan’s primary power source by 2035?

Natural gas, meanwhile, will provide essential baseload power following the 2025 nuclear exit.

ACEN completes full transition to 100% renewable energy

The company targets net zero greenhouse gas emissions by 2050.

Digital shortfalls threaten Singapore’s low-carbon grid transition

Experts warn outdated systems and limited data could stall decarbonisation progress.

How Citicore Energy REIT plans to expand in 3 years

Properties in underdeveloped areas are targeted to drive long-term land value.

All 1,500 towers built for Australia’s 700km EnergyConnect backbone

The project is 90% complete and scheduled for finishing in 2026.

Synera Renewable Energy secures full offtake for 495 MW Formosa 4

Two additional agreements secured full offtake for the 495MW offshore wind farm.

GPSC acquires additional 9.4% stake in RPCL

RPCL is now classified as an associate rather than an equity investment.

Global solar installations to surpass 500 GW AC in 2025 before slowing

Cumulative photovoltaic capacity will still double in five years despite an expected slowdown.

Gas turbine services market to reach $32.1b by 2031

Modernisation of power plants and increasing industrialization drive service demand.

China's solar inverter market projected to decline in 2025

Global solar inverter market is expected to contract for two consecutive years post-2024.

Grid infrastructure constraints to become paramount concern in 2026

AI, storage capacity, and grid-forming inverters are top modernisation trends for 2026.

Thermal energy storage market projected to hit $1.27t by 2035

Market growth is driven by renewable energy demand, regulations, and grid stability efforts.

Geothermal heat pump market to expand 7.6% CAGR by 2031.

Market expansion is fueled by rising focus on clean heating and energy security.

Utility scale battery storage costs fall to US$125 per kWh

Core equipment costs can rise to around US$100 per kilowatt-hour or more in markets with higher tariffs, among others.

Power sector shift drives coal consumption down after record 2025

Coal usage will decline due to increasing competition with other energy sources.

NTPC boosts solar capacity at Khavda projects in Gujarat

The solar energy expansion strengthens India’s renewable footprint nationwide.