Power Utility
China’s solar exports up by 64% in 2022: report
China’s solar exports up by 64% in 2022: report
Exports amounted to US$52b, Wood Mackenzie reported.
LNG demand in South Korea to remain high despite nuclear power expansion
The market will continue relying on LNG for primary backup fuel amidst its energy transition.
Fresh push for nuclear power dims LNG expansion in South Korea
The government plans to boost nuclear power generation to 32.4% by 2030.
Fossil fuels dominate China despite ‘strong’ renewables growth: report
The market added over 100GWs of wind and solar annually in the last three years.
Renewables share in APAC’s electricity generation reaches 11%: report
This is behind the global figure of 12%.
How can markets ramp up nuclear power deployment?
Nuclear power deployment is being held up by high costs.
High cost hinder uptake of nuclear, small modular reactors: report
Nuclear capacity is poised to increase by 280GW by 2050.
New rules for grid connection needed in Australia: Clean Energy Council
This is to give renewable energy investors certainty in connecting to the grid.
What’s holding back Myanmar’s power sector growth?
The market’s installed capacity will remain marginal in the next decade.
Power sector expansion in Myanmar to remain ‘limited’: report
It is projected that net installed capacity growth will be marginal at 2.1% annually.
Nuclear power’s share in APAC’s power generation to grow to 8% in 2050: report
It accounted for only 5% of APAC’s power generation in 2021.
Can voluntary carbon markets accelerate decarbonisation in Asia?
Asia has a powerful climate financing challenge. Taking the power sector for example, the region is projected to consume half the world’s electricity...
Australia’s gas usage to drop to 34% by 2030
This comes as the market transitions away from gas.
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.
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.
