Asia's Renewable Energy Transition

ASEAN faces rising energy demand amidst transition challenges

Renewable transitions require investment, cooperation, and strategic planning.

Four key areas to address to accelerate renewable energy growth

Around $10t in investment is needed to triple the renewables capacity by 2030. 

Guangdong Energy, China Three Gorges to supply power to Linde

The delivery of electricity will start in the first quarter of 2024.

PowerChina, Oracle Power tie up to develop 1GW solar farm in Pakistan

It can generate 1.7 billion kilowatt-hours of power annually.

Kazakhstan could miss its revised 2030 renewables target

The country set a 15% renewables target in 2021, up from 10% initially.

Looming power supply woes in Thailand could drive renewables market

This will particularly benefit the solar and biomass sector, Fitch Solutions reported. 

Greenko, John Cockerill to develop India’s Green Ammonia plant

The project is expected to be commissioned by 2024.

High capital cost for renewables to persist in 2023: report

But its impact on prices and technology will vary amongst developers.

Renewable energy accounts for only 14% of Asian bank’s financing

No discernible upward trend was seen in the past six years.

Solar, Wind to lead renewables growth in the Philippines

The non-hydropower renewables are expected to grow by 6.8GW. 

Just Transition Support Platform for developing countries launched

This forms part of the ADB’s commitment to ensure build capacity of developing countries.

Ingka Group becomes Asia Clean Energy Coalitions’ founding member

The coalition will convene the world’s leading clean energy buyers, investors, and developers.

APAC to generate lion’s share of world’s energy by 2030

The region is expected to account for 56% of the world’s energy in the  next decade.

Energy firms ‘on track’ to meet energy transition target: report

More than 40% of companies are expected to be powered by renewables by 2030.