Power Utility

Around 680GW wind energy capacity to be installed by 2027: report

Policy changes are needed to prevent supply bottlenecks by 2026.

At least $21.4t power grid investment needed by 2050: Report

This is in line pursuit of net zero targets across the globe. 

Rooftop solar powers more Australian houses than coal

Rooftop solar systems provided 14% of Australia’s electricity needs during the summer. 

Bundelkhand’s 8 solar park projects get green light

The solar parks have a total capacity of 4,995 megawatts.

Asia accounts for over half of new RE capacity in 2022

China led the growth with the addition of 141GW during the period.

No ASEAN power grid direct investment plans yet for SG 

The country will first focus on regional partnerships, the Ministry of Trade and Industry said. 

Nuclear ‘renaissance’ is possible despite hurdles: Wood Mackenzie

National governments will need to address more than just competitive costs and innovations. 

Increased investments could lower SMR cost to competitive levels by 2050

SMRs can be a viable competitor with renewable energy, Wood Mackenzie noted. 

Policy support for nuclear power expands in 2022

This comes as markets look for a more low-carbon energy supply, Wood Mackenzie reported. 

Indonesia to install 450MW wind power by 2027

The additions could be raised to 550MW if barriers are addressed.

India’s renewable equipment manufacturing to face headwinds

The market has taken strides to encourage domestic manufacturing of solar equipment.

Why markets need to reshore renewable equipment supply

Fitch Solutions expects markets to strengthen reshoring efforts. 

China to sustain lead in renewable equipment manufacturing

Companies in China are estimated to have a 50% share of the wind turbine market.