Vincent Mariel Galang
Reaching net zero by 2070 needs $75t infrastructure investment
Reaching net zero by 2070 needs $75t infrastructure investment
This should be mobilised to renewable energy, amongst others.
India’s renewables capacity up 13% in October
Solar alone added 20 GW.
India’s coal imports for power generation down 8.5% in April-September
Domestic production is catching up with demand.
Largest open sea, offshore solar project in China starts generating power
Nearly 3 million households will benefit from this.
ADB, Kazakhstan partner to accelerate coal retirement
Coal plants may be converted to renewable energy facilities.
Sembcorp signs deal for hydrogen pipeline linking Indonesia and Singapore
Hydrogen may soon be transported between the two countries.
Masdar inks deal for 1 GW wind farm in Uzbekistan
This will energise 300,000 homes.
Energy storage, grids key to achieving 2030 energy goals
Around 1,200 GW of battery storage is needed by 2030.
Masdar to develop 1 GW wind farm in Kazakhstan
A battery energy storage system will also be built.
Nearly $10t annual investment needed to achieve net-zero
More should be directed towards low-emissions assets.
Only eight countries update RE targets Post-COP28
They are all EU countries.
Nuclear power remains irrelevant in international market: report
China added only a gigawatt of nuclear capacity in 2023.
Batangas LNG terminals to boost PH energy transition
Meanwhile, drilling at the Malampaya Phase 4 will soon commence.
Citicore taps Trinasolar for two-gigawatt solar rollout
This increases their partnership to 3 GW.
NSW issues new planning framework for RE development
This includes five new and updated guidelines.
Current global energy pledges far from reality
Around $31.5t in investment is needed to power the clean energy shift.
First Gen’s earnings down 17% in 9M
Revenue was also down two percent.
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