Power Utility
EGAT accelerates Hydro-floating Solar Hybrid expansion
It is also studying eco-friendly electricity generation technology.
EGAT accelerates Hydro-floating Solar Hybrid expansion
It is also studying eco-friendly electricity generation technology.
ACEN, AMI Renewables to develop Vietnam’s first grid-connected battery energy storage
The BESS will have a capacity of 7.5MWh.
JERA, Summit partner to develop energy supply chain in Bangladesh
The MoU was valued at US$2b.
Coal divestment of global financial institutions double in three years
Whilst European FIs are leading coal divestments, FIs from Asia are also rapidly increasing.
Only East Asia can meet pumped storage target by 2050
The region’s capacity growth will be largely driven by China.
How soon should the world retire coal plants to meet climate goals
GEM estimated coal retirement globally needs to be almost five times faster.
How much Bangladesh needs annually to reach its 2041 target
The country wants to increase its renewable energy capacity to 40%, IEEFA said.
ADB to study early coal retirement in Kazakhstan
This will be accomplished through the bank’s energy transition mechanism program.
JAIF strengthens ties with nucleareurope
The MoU signed reflects recent changes in nuclear circumstances.
Asia’s power consumption to grow 3.5% annually in the next decade
The region has the world’s largest growing electricity demand, Fitch Solutions said.
GEAPP provides $35m to improve energy access, transition in South and Southeast Asia
Bangladesh, India, Indonesia, Pakistan, and Vietnam will be prioritised for the fund.
India’s solar capacity up by more than 12GW in 2023
Its wind capacity meanwhile grew by 2.2GW.
Kazakhstan could miss its revised 2030 renewables target
The country set a 15% renewables target in 2021, up from 10% initially.
Nuclear could account for about 9% of India’s electricity by 2037
It aims to reach 20GW of nuclear power generation by 2030.
South Korea, UK partner to boost RE, nuclear cooperation
The parties also discussed collaboration for offshore wind and hydrogen.
Godda Power Plant’s first 800MW unit goes online
The power it generated was supplied to Bangladesh.
China’s wind power market to rebound in 2023: report
New grid-connected capacity declined by 21%YoY in 2022, Wood Mackenzie reported.