Power Utility
Renewable energy share in world’s electricity mix surpasses 30%
China is the main contributor as it comprises over half of the wind and solar installations.
Renewable energy share in world’s electricity mix surpasses 30%
China is the main contributor as it comprises over half of the wind and solar installations.
ACEN’s net income surges 34% YoY in Q1
The company has reached its 2025 5 GW renewables capacity target during the period.
Pressures mount for less desirable energy insurance placements in the region
Industry experts eye offshore investments as most attractive, yet more expensive.
Will the government pay for coal power exit in Vietnam?
The country’s coal power phase-out strategy sees renewables accounting for 67.7%–71.5% of the energy mix by 2050.
LNG sector faces oversupply amidst sluggish demand growth
Global LNG supply will grow 40% in five years from 2023 to reach 666.5 mtpa by 2028.
Water risks cost coal industry billions in losses
Intensified climate impacts drive financial, operational challenges.
Vietnam plans coal phase-out amidst growing energy sector
Strategic shift towards renewables and LNG amidst environmental concerns.
India's solar panel production surges to 68 GW in 2024
It faces competition in exporting solar panels due to cheaper modules in Southeast Asia.
UNEZA aims to increase RE capacity by 2.5 times by 2030
The alliance also emphasised the need for grid infrastructure.
South Korea's fossil fuel dependence raises power costs
High reliance on LNG and slow renewable transition inflated electricity bills, impacting competitiveness.
ASEAN could save $800b in decarbonisation costs with regional cooperation
This could happen in a scenario where sharing of resources is “unconstrained.”
UUGreenPower's V2G technology revolutionises EVs as energy storage units
The vehicle-to-grid technology has a design life of over a decade.
G&W’s Trident Distribution Switchgear ensures grid stability in extreme conditions
The technology could be submerged in water whilst remaining energised.
Kaiyo Doboku facilitates fisheries symbiosis with offshore wind
Its FP Reef provides an artificial home for sea creatures in areas with wind turbines.
Sevan’s Wind Turbine Foundation offers stability in harsh offshore environments
The technology adopts mall Waterplane Area Cylindrical Hull design.
High interest rates pose a threat to the energy transition
It would raise the cost of capital for renewables and nascent technologies.
India seeks skilled workforce for coal transition
Strategies and financial instruments are key to a sustainable shift.
Commentary
Offshore wind power needs Singapore’s expertise as Asia’s reliance on fossil fuels rises