Staff Reporter
India's hydropower capacity to soar to 67 GW by 2032
India's hydropower capacity to soar to 67 GW by 2032
The country is also expected to experience an increase in rainfall.
India's pumped storage capacity to surge to 55 GW by 2031-2032
Around 2.5 GW are under construction.
Power sector to drive 40% to 50% of natural gas demand by 2050
Electrification needs will propel demand growth.
Solar Philippines enters PPAs with PLN for 50 MW solar projects
The two projects are located in Bali.
China to lead CCUS investments by 2050
China, North America, ASEAN and India account for 70% of the investments.
Australia unveils National Energy Performance initiative
It aims to support energy-saving upgrades.
Wollar Solar to acquire TPC shares
The transaction is valued at $65.7m.
ASEAN energy demand to grow by 21% in 2024
Fossil fuel will still account for the largest share in energy consumption.
Bangladesh foresees surge in natural gas electricity production by 2032
The power sector accounted for a 39% share in the total natural gas consumption in 2023.
ASEAN nears 35% regional renewable energy target
This is despite the slight decline of renewables’ share in the total capacity in 2022.
RWE to develop 495 MW offshore wind project in South Korea
It secured its first exclusive development rights for offshore wind in the country.
Adani Green becomes India's 1st company to surpass 10 GW capacity
It is spread across solar, wind, and wind-solar hybrid projects.
Barito Wind Energy acquires majority stake in PT UPC Sidrap Bayu Energi
It will hold a 99.99% stake in the company.
ENR private equity deals in APAC grow amidst energy transition focus
This is despite the overall private equity decline in the region.
Citicore logs 12% YoY income growth to $24.8m in 2023
This is on the back of its “strong guaranteed base lease.”
J-POWER and Yamna partner to develop green hydrogen projects
The Japan-based J-POWER aims to achieve net zero by 2050.
Energy demand transformation could lead to $2t in annual savings
This will also reduce energy intensity by 31%.
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