Power Utility
Power sector to drive 40% to 50% of natural gas demand by 2050
Power sector to drive 40% to 50% of natural gas demand by 2050
Electrification needs will propel demand growth.
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.
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.”
Energy demand transformation could lead to $2t in annual savings
This will also reduce energy intensity by 31%.
GIC and Sterlite Power for JV for power transmission platform in India
Sterlite will have a 51% stake, whilst GIC will hold 49% interest.
India bolsters renewable grid with energy storage systems
ESS will drive investment in India's expanding renewable grid.
Majority of energy companies to invest in employee capabilities
Talents should also be prioritised amidst technology investments.
Digital transformation boosts profits for 72% of energy sector businesses
They employ low code/no code or cybersecurity systems.
Australia launches Solar Sunshot Programme to boost solar PV manufacturing
The programme has $652.5m in funding.
RATCH Group's Australian subsidiary inks 10-year PPA with ZEN Energy
The Collector Wind Farm and Starfish Hill Wind Farm will supply electricity to ZEN Energy.
Saudi Arabia and Kazakhstan ink partnership for energy cooperation
It will cover the areas of renewables, oil, natural gas, and electricity, amongst others.
Thought Leadership Centre
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1. $281b annual investment projected as Southeast Asia scales energy transition 2. Asia fusion market enters decisive phase with $5b China lead 3. India advances green shipping with ₹1,200 crore Kandla e-methanol plant 4. Envision signs 128MW turbine deal with Vietnam’s REE 5. Geopolitics, high interest rates stall 2030 decarbonisation progressResource Center
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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.
