APAC energy transition investments
Offshore wind opportunity seen in APAC and Europe amidst US uncertainty
Offshore wind opportunity seen in APAC and Europe amidst US uncertainty
These two regions should cooperate to meet capacity goals.
Over 60% of companies see growth potential in clean energy
Investments in this sector are expected to increase by 34% in the next financial year.
Resource shortages impact Asia’s energy affordability
Affordability and political barriers hinder Asia’s renewable energy growth.
Investors focus 85% capital on clean energy projects
Asia’s growth and grid challenges drive demand for clean energy investments.
Asia faces uphill battle balancing energy demand with net-zero goals
There will be a 33% rise in energy demand by 2030 in Asia-Pacific.
These challenges hinder emerging nations' green transition
Energy access remains to be one of the major challenges in emerging countries.
World Bank to boost energy transition in East Asia, Pacific with $2.5b programme
This will fund around 2.5 GW of additional renewable energy.
Global power sector needs $115t to achieve 2050 net zero goal
However, some consumers, including Singaporeans, do not want to spend more on electricity.
Lodestone acquires two grid-scale solar sites in Manawatu region
These can generate 27-megawatt-peak each.
Aquila Clean Energy and Farm North Solar Farm secure financing for 4 New Zealand solar projects
The first project will be completed in 2025.
Basic Energy to develop wind power project in northern Philippines
The project is located in the municipality of Pasuquin in Ilocos Norte province.
Eastland Group sells 50% stake in generation unit to Obayashi Corp
The capital raise included three geothermal projects, amongst others.
Cambodia to expand renewables capacity under Power Development Plan
The country may need $9.1b to support the development plan.
Copenhagen-based fund to invest in 3 offshore wind projects in the Philippines
The capacity of the three projects stands at around 2,000MW.
PAG launches renewables development, investment platform
The company is expected to invest more than $1b in the platform
Bp to acquire 40.5% shares in Asian Renewable Energy Hub
It will assume operatorship by 1 July 2022.
Record global energy investment to grow 8% to $2.4t in 2022: IEA
This is on the back of investment in renewables and grids.
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