Vincent Mariel Galang
India eyes 2,100 GW capacity to meet soaring energy demand
India eyes 2,100 GW capacity to meet soaring energy demand
This includes the 500 GW renewables target.
Renewables account for nearly half of India’s total energy capacity as of October
Solar alone added 90.76 GW.
JSW Energy, NTPC sign deal for 700 MW solar project
The agreement will run for 25 years.
OX2 acquires 1 GW onshore wind project in Australia
A battery energy storage will also be built to support the plant.
Renewable energy goal faces major shortfall
Over $1t is needed annually to get back on track.
Adani Green’s operational capacity up 34% in H1
Over 2,00 MW of solar capacity alone were added.
Ingka Investments acquires 15% of Golden Plains Wind Farm stage 2
The project will be completed in mid-2027.
Peak Energy, INUPS to develop rooftop solar projects in South Korea
These will be connected to the utility grid.
JSW Energy, Maharashtra sign 40-year pumped hydro storage deal
This involves the Bhavali project that will be commissioned in 48 months.
Mitsubishi Power fuels Thailand’s energy shift with completion of 5.3-GW gas-fired plant
All units were delivered on time.
Vietnam Electricity and Oil and Gas Group seal PPAs for Nhon Trach plants
They also signed an LNG agreement.
Construction starts at Hydrogen Park Murray Valley
Around 40,000 residential and industrial customers will benefit from this.
Meralco, Doosan to study deployment of nuclear facilities in PH
They also eye the rehabilitation of the Bataan nuclear plant.
Jindal Renewables, Suzlon ink 400-MW energy deal
Energy produced will benefit two Indian states.
Mainstream, Ocean Winds bag grid deal for 1.1 GW wind farm
This will cover the first and second phase of the Ulsan project.
Energy emissions to peak in 2024: DNV
However, Paris Agreement goals remain out of reach.
South Korea needs to accelerate renewable energy adoption to fuel Artificial Intelligence and semiconductor sectors
The International Energy Agency (IEA) has predicted that Artificial Intelligence (AI) and data centers will sharply increase the demand for renewable power. The net increment of renewable power generation for AI will likely triple to 262 terawatt-hours (TWh) by 2026 compared to 2023, and the share of AI demand in renewable power generation is expected to double to 17.9%.
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