Power Utility
Are Malaysia’s renewables targets too unrealistic?
Are Malaysia’s renewables targets too unrealistic?
GlobalData says the market lacks robust policies.
Gas market outlook in China remains ‘bullish’
China’s gas demand is expected to grow up to 512bcm by 2031.
South Korea’s non-hydropower RE to post ‘strongest’ growth in electricity share
It is expected to reach 46GW in 2032.
What India’s 537GW renewables capacity target needs
This is in line with its goal to achieve 50% cumulative installed capacity by 2030.
Japan, US partner to develop small modular reactors
They will also explore other next-generation advanced reactors.
Just Energy Transition Program to boost Vietnam’s 2050 net-zero target
The government could incorporate the JETP into its Power Development Plan 8, Fitch Solutions said.
India’s wind capacity rises by 26%
The market added 1.85GW of new capacity.
India grows solar capacity by 11GW
This is 47% higher than its 2021 installations.
Asia’s low-carbon investment to increase 12% YoY in 2023
Africa is expected to see the highest growth of 26%.
Low-carbon projects spending to increase 10% YoY in 2023: Rystad
This is a slowdown compared to the average of around 20% increase in recent years.
Other RE sector in India to expand slower than solar: report
Onshore wind and biomass are seen to reach 90.3GW and 17.5GW in 2032, respectively.
India misses 2022 renewable capacity target
But the solar sector posted a sharp increase of 12.8GW during the period.
China, Australia drive Asia’s energy storage market: report
The markets to account for 31% and 26% of the total electricity generation.
US, Australia amongst leading battery systems market: report
The markets account for 55% of projects globally, Fitch Solutions reported.
Could current and planned renewables capacity offset coal
Over 3,200GW wind and solar are projected to be installed by 2030.
‘Subdued’ long-term growth seen in Japan’s nuclear power sector: report
Nuclear power generation will likely increase to 88TWh in 2031 from 57.3TWh in end-2021.
Solar to see strongest growth in Japan’s power sector
It is expected to rise to 113GW in 2031.
Thought Leadership Centre
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The firm achieved recognition for initiatives addressing critical water access in Bali, reforestation in West Java, and sustainable supply systems in East Java.
Commentary
Supply chain efficiency, skilled manpower are key for India’s renewable energy