Power Utility
Pakistan’s LNG import dependence puts energy security, financial stability at stake
Pakistan’s LNG import dependence puts energy security, financial stability at stake
The country imported 7.4 million tonnes of LNG in 2020.
Japan and the G7 climate commitment: how will they follow through?
Japan’s decision to align with other G7 nations ending financing of fossil fuels in other countries sounded a clear note of unity amid the tangled...
‘Strongest’ growth potential in gas-to-power sector seen in APAC: report
This includes Southeast Asian markets, such as Vietnam, and the Philippines amongst others.
APAC is ‘outperformer’ in gas generation: Fitch
Its gas generation volume will rise by 898TWh from 2022 to 2031.
Terrenus Energy, LONGi bring nearly 20MWp solar modules to Changi Airport
This is expected to generate some 23.9GWh of clean energy annually.
Green capex in China to zero in on wind, solar in next 3 years: report
It will also focus on grid efficiency, and storage systems amongst others.
Non-hydropower to grow 230GW annually from 2020 to 2024
Asia will be the key growth driver, accounting for 55% global generation growth.
Petronas launches renewable energy firm Gentari
Gentari plans to build 30GW - 40GW of RE capacity by 2030.
IESA, Korea partner to promote energy storage in India, South Korea
The MoU will take effect for three years.
RE adoption to accelerate due to gas market volatility
Asia is expected to generate 831TWh of gas-fired power over the decade.
Global coal generation seen to rapidly decline over the decade
Asia is the only region that will post growth in coal generation.
IRENA’s energy transition finance platform gets $400m in funding
The platform targets to deploy 1.5W of new renewable power across developing countries by 2030.
‘Vast potential’ seen in Saudi Arabia’s solar power sector: report
But, Fitch forecasts its capacity growth will only go over 5.1GW between 2022 and 2031.
India remains world’s ‘outperformer’ in solar power: report
The market is slated to bring some 90GW of new solar capacity by 2031.
Low carbon hydrogen demand likely to grow over 600Mt in 2050: report
This is up from the current 1Mt.
Asia leads race in biomass power: Fitch
The region is projected to produce 29.3GW of biomass power capacity between 2021-2030.
PETRONAS, Microsoft partner to develop 100MW solar project
The partnership also covers the development of the first Digital Sustainability Core.