Staff Reporter
Tis the season for all things merry and bright!
Tis the season for all things merry and bright!
We're taking the time off and will be back on 5 January 2026.
Geothermal heat pump market to expand 7.6% CAGR by 2031.
Market expansion is fueled by rising focus on clean heating and energy security.
Thermal energy storage market projected to hit $1.27t by 2035
Market growth is driven by renewable energy demand, regulations, and grid stability efforts.
Grid infrastructure constraints to become paramount concern in 2026
AI, storage capacity, and grid-forming inverters are top modernisation trends for 2026.
Utility scale battery storage costs fall to US$125 per kWh
Core equipment costs can rise to around US$100 per kilowatt-hour or more in markets with higher tariffs, among others.
Power sector shift drives coal consumption down after record 2025
Coal usage will decline due to increasing competition with other energy sources.
NTPC boosts solar capacity at Khavda projects in Gujarat
The solar energy expansion strengthens India’s renewable footprint nationwide.
India boosts bioenergy with ₹998 crore MNRE funding
Bioenergy capacity supported through government financial assistance.
South Korea launches its largest operational offshore wind farm in Jeju
Local villages invested $20.4m, securing a 4.7% stake in the project.
IAEA reviews Vietnam’s readiness to build 6,400 MW of nuclear capacity
The government must now strengthen regulatory frameworks to prepare for plant construction.
Thunder Consortium secures $1.19b bridge loan for CBK hydro acquisition
The funding consists of two separate PHP35b facilities from the participating banks.
GWEC and The Copper Mark partner to ensure responsible copper sourcing for wind
The agreement promotes harmonised ESG standards throughout the global wind value chain.
KP Group partners with Botswana for $4B energy projects
The parties will invest $4B in renewable energy.
JTC launches tender for Singapore’s first overhang solar PV
The project tests solar viability over void spaces between multi-storey buildings.
Policy changes and incentives fuel India’s green hydrogen push
Nation targets 5 million tonnes of green hydrogen by 2030
India’s BESS costs fall, boosting grid-scale storage
Government schemes will support 13,220 MWh of battery energy storage capacity.
India introduces new bill to overhaul nuclear energy sector
Bill lays down new framework to optimize nuclear resources
Thought Leadership Centre
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1. Carbon tax, green imports raise cost, compliance risks 2. Philippines to fast-track 1,471 MW of new renewable power by April 2026 3. Japan LNG costs poised to rise as JKM doubles on Middle East tensions, says IEEFA 4. NEA to commission three nuclear safety studies 5. LGE India locks in renewable power with 3.21 crore-unit solar dealResource Center
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Event News
The firm achieved recognition for initiatives addressing critical water access in Bali, reforestation in West Java, and sustainable supply systems in East Java.
Commentary
Supply chain efficiency, skilled manpower are key for India’s renewable energy
Entering the age of electricity in Asia