Power Utility

India RE open access capacity climbs by 1.9GW in 2022: report

The market size is estimated to have grown to 10GW in 2022.
21 hours ago

India RE open access capacity climbs by 1.9GW in 2022: report

The market size is estimated to have grown to 10GW in 2022.
21 hours ago

Southeast Asia faces uphill battle in CCUS deployment without carbon pricing

It is unlikely that the carbon price in the region could reach $40 per tonne of carbon dioxide.

Japan close to hitting 2030 renewables target

The country set a 36-38% renewable energy target in 2030. 

Regional grid connection can boost energy transition, economic growth

Having a 15% regional grid connection will create 870,000 jobs.

Philippines’ AboitizPower to explore 3,000MW offshore wind power

The country only has a capacity of 443MW onshore win, as of 2020.

China, US to account for 75% of global energy storage demand

Wood Mackenzie projected the markets to have 422GWh and 600GWh by 2031. 

Japan should consider alternative power sources to avoid supply shortage: Fitch

Natural gas holds the largest share in the country’s power mix.

ADB commissions off-grid renewable hybrid energy in Mongolia

The system is expected to supply 1,500 local residents amongst others. 

REGULATION WATCH: New customs duty on solar equipment threatens India’s RE goals 

The government will be introducing a 25% rate on solar cells and 40% on solar modules in April.

Tata Power profit rises 90% YoY in Q1 FY23

This is the company’s 11th straight profit after tax YoY quarterly growth.

Philippine-based PXP Energy narrows loss in Q2

The company’s core net loss amounted to P645,000, down from P16.6m in the previous year. 

New measure to improve power supply reliability in India

This includes the Reforms-based and Results-linked Revamped Distribution Sector Scheme.

APAC electricity demand to grow 3.4% in 2022

This is due to the lower economic growth and high energy prices.

Global electricity demand to slow down in 2022: report

It is expected to grow by 2.4% this year, down from the 6% rise in 2021.

What world leaders can do amidst energy crises

The GWEC outlined a five-point action plan.

Indonesia has the highest geothermal capacity under development: Fitch

Of the 41 projects under development in Asia, 26 were from Indonesia.