Staff Reporter
Record global energy investment to grow 8% to $2.4t in 2022: IEA
Record global energy investment to grow 8% to $2.4t in 2022: IEA
This is on the back of investment in renewables and grids.
South Korea bares gov’t plans to support nuclear energy sector growth
It includes the reconstruction of New Hanwil nuclear plant units 3 and 4.
Vena Energy bags $63.4m green loan for 26MW solar project in Japan
It is co-financed by the Sumitomo Mitsui Trust Bank.
IRENA, OPEC Fund tie up to advance RE investment
This is in pursuit of a “just, inclusive, and equitable energy transition.”
SG kicks off multilateral cross-border trade of renewable energy
The renewable hydropower was imported from Lao PDR via Thailand and Malaysia.
India’s RE auction to continue attracting large developers
IEEFA said current challenges will not have long-term impact to India’s energy sector
Mainland China to dominate solar market growth: report
It will add 559GW of solar capacity until 2031.
Saudi’s ACWA Power to develop 1.1GW onshore wind project in Egypt
It is expected to operate by the end of 2026.
Philippines’ DOE holds auction for 2,000MW clean energy
The auction was joined by 24 qualified bidders from various energy sectors.
Asia overtakes Europe as key importer of seaborne Russian oil: report
India’s imports alone grew 658% against 2021 levels.
Offshore wind CAPEX in China to decline in next decade: report
Capital expenditure in the market is expected to drop to $7.7b in 2030.
Pakistan’s LNG import dependence puts energy security, financial stability at stake
The country imported 7.4 million tonnes of LNG in 2020.
‘Strongest’ growth potential in gas-to-power sector seen in APAC: report
This includes Southeast Asian markets, such as Vietnam, and the Philippines amongst others.
APAC is ‘outperformer’ in gas generation: Fitch
Its gas generation volume will rise by 898TWh from 2022 to 2031.
Terrenus Energy, LONGi bring nearly 20MWp solar modules to Changi Airport
This is expected to generate some 23.9GWh of clean energy annually.
Sembcorp to build 200MW energy storage on Jurong Island
The project completion is expected by the end of the year.
Solar Philippines to contract 10GW projects
The projects are scheduled to start operations between 2025-2026.
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