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. 

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.