Staff Reporter
PIF subsidiary, ACWA Power invest US$3.25b in Saudi Arabia solar projects
The three solar projects seek to produce a combined capacity of 4.55GWac.
Japan’s clean energy transition lags behind G7 states
Its generation from the wind sector is less than 1% of the total electricity.
China’s solar exports up by 64% in 2022: report
Exports amounted to US$52b, Wood Mackenzie reported.
Octopus Energy to invest $1.9b in APAC energy sector
Around $1.2b will be dedicated to the region’s solar and wind generation.
Singapore’s Meranti Power to build two gas-fired units
Each unit will have a 340-megawatt capacity.
NEOM Green Hydrogen secures $8.4b in investment
It is expected to start production by end-2026.
LNG demand in South Korea to remain high despite nuclear power expansion
The market will continue relying on LNG for primary backup fuel amidst its energy transition.
Fresh push for nuclear power dims LNG expansion in South Korea
The government plans to boost nuclear power generation to 32.4% by 2030.
Vietnam approves National Power Development Master Plan VIII
Renewables are expected to account for 67.5% to 71.5% of the total electricity by 2050.
ACWA Power inks deal for Uzbekistan wind, green hydrogen projects
It will contribute to Uzbekistan’sgoal to decarbonise 35% of its energy sector by 2030.
Masdar to develop over 2GW solar, wind projects in Uzbekistan
It will also build a 500MWh battery energy storage.
Fossil fuels dominate China despite ‘strong’ renewables growth: report
The market added over 100GWs of wind and solar annually in the last three years.
Masdar clean energy capacity reaches 20GW in 2022
It increased by 33% compared to the previous year.
JERA, NTT Anode to buy Green Power Investment
The transaction will be completed by the end of 2023.
Renewables share in APAC’s electricity generation reaches 11%: report
This is behind the global figure of 12%.
How can markets ramp up nuclear power deployment?
Nuclear power deployment is being held up by high costs.
Thought Leadership Centre
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