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Coal projects in China’s BRI to decline: Fitch
Coal projects in China’s BRI to decline: Fitch
Despite this, China will continue leading the global financing of coal
Global energy efficiency investments jump 16% YoY in 2022: IEA
It reached $560b this year.
SJVN unit, GRIDCO to form JV for 3,000MW hydro, solar project
The projects are expected to attract Rs 20,000 in investment in Odisha.
Analysts find loopholes in Korean Re’s move to halt coal reinsurance
The company announced it will stop providing reinsurance to new coal mining or power plants.
Long-duration energy storage projects attract over $58b in investment in last 3 years
This could lead to 57GWs of energy storage capacity, Wood Mackenzie reported.
Renewable energy accounts for only 14% of Asian bank’s financing
No discernible upward trend was seen in the past six years.
Governments clean energy spending reaches $1.2t: IEA
The investments were fuelled by energy security concerns.
Australia’s non-hydropower generation to grow to 97.6TWh in 2031
Non-hydropower generation is expected to make up 34% of the country’s energy mix.
Have a holly jolly holiday!
Asian Power will be back on 9 January 2023.
VENDOR VIEW: How coal power fares in Asia amidst energy security woes
The increase in coal output in some Asian markets may be short-term.
B.Grimm clinches Gas Power Project of the Year - Thailand at Asian Power Awards 2022
The company spearheaded the first-ever SPP replacement project in Thailand.
HPCL-Mittal Energy Limited clinches award at Asian Oil & Gas Awards 2022
It won the COVID Management Initiative of the Year - India award.
Asian Oil & Gas Awards 2022 hails outstanding companies, initiatives
The awards programme recognises exceptional initiatives in the oil and gas industry in Asia.
Adani’s Godda plant may drive up power tariffs in Bangladesh
This will lead to a “very expensive” power, the IEEFA said.
Low-carbon hydrogen to reach ‘formative year’ in MENA region
Markets in the GCC region are expected to leverage their expertise to produce blue hydrogen.
NTPC commissions 1st part capacity of 162.27MW solar project in Tamil Nadu
This is out of the total 230MW capacity.
ACWA Power ink partnerships with 9 Chinese firms
The Chinese companies will support the financing and construction of ACWA’s projects.
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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