Power Utility
Solar power to get 'lion’s share' of funding in next 5 years
Solar power to get 'lion’s share' of funding in next 5 years
Over 58% agreed the sector will attract the bulk of investments in Asia.
Pressure from government is the top reason for RE investments
About 44.6% of surveyed firms in Asia said so.
Opposition may cloud India’s new tax on solar
A 25% rate on solar cells and 40% on solar modules will be introduced by April.
Fewer are concerned over investment uncertainty in Asia's electric industry
24.6% cited it as the most challenging issue in the electric industry, a drop from 37.1% in 2020.
7 in 10 leaders see hydrogen generation helpful in Asia's clean energy transition
Meanwhile, 51.4% believe that the answer is in retiring fossil-fuel generation.
Policies, underinvestment lead the biggest threats to Asia’s grid reliability
43.9% agree that policy debates serve as a hurdle in grid operations.
India’s power consumption to rebound “strongly” in 2022: Fitch
It is projected to reach 1,431TWh by year-end from 1,271TWh in 2020.
Renewable power gains ground in APAC despite cost inflation in 2021
The average cost of producing solar and onshore wind rose by 9% and 2%, respectively.
Clean energy transition track in South Korea to remain ‘divided’: report
A new administration could reverse policies that reduce reliance on nuclear.
India’s non-hydropower renewables to reach 229GW by end-2030
The country's non-hydropower renewables capacity in 2021 was at 102GW.
Nearly 250GW of renewables could go online in Asia by 2030
Asia’s strong project pipeline could get a boost from RE certificates.
ADB’s coal retirement plan may get caught in Southeast Asia’s coal lock-in
Some 45GW of additional coal in the next decade could pose risks to ADB’s 15-year plan.
Keppel Corp-led consortium buys 51% stake in Cleantech Solar
This leaves Shell the remaining 49% of the equity interest in Cleantech.
Why should India be aggressive in privatising discoms?
Most public discoms are on the verge of bankruptcy because of high AT&C losses aggravated by political populism, Barnik Maitra claims.
China is global biomass ‘outperformer’: Fitch Solutions
It is adding more than 14.5GW between 2021 and 2030.
Nuclear power “essential” in hitting Paris Agreement target: IEA
Every 1,000MW of nuclear energy could reduce carbon emissions by 3.1 million CO2-equivalent tonnes per year.
5GW of Australia’s coal capacity will close sooner than expected
This will bring down Australia’s coal capacity to 14GW by 2030, the IEEFA reported.
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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. Indonesia’s 31 GW captive coal surpasses Australia’s fleetResource 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.
