Staff Reporter
Southeast Asia needs $210b investments annually to reach net-zero goals by 2050
Southeast Asia needs $210b investments annually to reach net-zero goals by 2050
By 2030, the region needs $150b in investments to install 240GW more RE capacity.
New climate change laws in Australia enters into force
This includes the Climate Change Act 2022 and the Climate Change (Consequential Amendments) Act 2022.
ACWA Power, Silk Road Fund now co-investor for CCGT facility in Uzbekistan
The project is expected to be operational by early 2024.
Tata Power unit bags 125MWp floating solar project
It will be commissioned within 13 months.
TNB partners with Microsoft to accelerate digitalisation
It will support TNBs push for a smart and digitalised grid.
Australia, India amongst key emerging offshore wind markets
This is due to the government policies supporting the growth of offshore wind.
Asia’s offshore wind to reach over 100GW in 2031: report
This is up from only 27.3GW in end-2021.
MENA region is poised to become global leader in green steel
This comes amidst the shift to direct reduced iron and green hydrogen in reducing emissions.
Zenith, Liontown to build Australia’s largest off-grid RE hybrid power station
It has a capacity of 95 megawatts
Global Power Synergy, Sumitomo sign $185m green loan agreement
This will be invested in clean energy.
Philippines’ ACEN to offer P10b green bonds
This will fund three major solar farms with a combined capacity of about 460MW.
Onshore wind to play a key role in achieving India’s 2030 target
The country has almost 41GW of onshore wind capacity.
Around 13 million workers to join energy sector by 2030: IEA
It is expected to double under the net-zero emissions scenario.
China drives wind market to break turbine order record in Q2
A total of 35GW out of 43GW global orders were from China.
Philippine consortium to invest $18m in microgrids in Palawan
These can provide power to more than 30,000 people.
APAC dominates energy sector employment
Almost 30% of the global workforce was in China.
ONGC signs 6 contracts for offshore fields in Arabian Sea, Bay of Bengal
Four of which were signed as the sole bidder, whilst two were in partnership with IOCL.
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