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World Bank to boost energy transition in East Asia, Pacific with $2.5b programme
World Bank to boost energy transition in East Asia, Pacific with $2.5b programme
This will fund around 2.5 GW of additional renewable energy.
Grid, energy storage expansion needed to support 2030 RE goal: IEA
In the grid alone, 25 million kilometres should be built and modernised.
Over 80% of new renewables in 2023 cheaper than fossil fuel alternatives
Solar PV costs dropped in 2023, becoming 56% cheaper than fossil fuel and nuclear options.
India grants Rajasthan transmission project to Apraava Energy
Around 200 km of transmission lines will be set up.
Singapore enters deal to advance offshore wind development
Activities will be implemented over the next two years.
Masdar to acquire Saeta for $1.4b
This will be finalised by the end of 2024.
Global power sector needs $115t to achieve 2050 net zero goal
However, some consumers, including Singaporeans, do not want to spend more on electricity.
China’s renewable energy dominance puts pressure on global transition
Beijing continues to outpace the rest of the world.
Will nuclear energy help meet Australia’s future energy needs?
Experts said adding nuclear energy in the energy mix is a big risk.
What is slowing down energy transition in the oil and gas industry?
The shift is seen to progress at a slower pace.
Rex International to study natural hydrogen opportunities in Oman
It partnered with Helios Aragon.
PH to upgrade ports infrastructure to boost offshore wind development
Three ports have been identified.
Zelestra bags $146.67m financing for Indian solar plant
This will power over 128,000 homes.
ADB approves $500-m loan to boost Indonesia’s energy transition
This seeks to establish a solid policy framework to support the shift towards clean energy.
Australia green lights 300-MW Cambridge Solar Farm
This can power up to 123,000 Queensland homes.
GWEC appoints new deputy CEO
A new chief industry officer was also named.
Australia to launch first round of $34.25m clean energy supply chain grants
Half of the funding was allocated for the first batch of projects.
Thought Leadership Centre
Most Read
1. Global power grid investment reaches US$359b in 2024: report 2. PLN expands gas, LNG network to support rising renewables 3. Companies told to drop manual systems as 2030 renewable deadline nears 4. Clean energy outpaced fossil fuel investments in 2024, IRENA says 5. India’s installed power capacity hits 5.05 Lakh MWResource Center
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