Environment

Retirement of oil and gas plants needs five times the speed to achieve climate goals

An average of 64 GW from oil and gas needs to be phased out each year until 2035.

ARENA OKs AGL Energy on Australia’s largest grid-forming battery project

The 500 MW/1,000 MWh grid-forming battery has received $35m of funding.

Fossil fuel reaches 'beginning of the end': COP28

COP28 urged governments to implement the transition without delay.

China set to generate highest LNG capacity in Asia through 2027

The overall LNG regasification capacity has increased to 7,662 billion cubic feet.

Energy transition may generate 40 million energy sector jobs by 2050: report

It can also lead to a GDP increase of 1.5% by 2050 through a 1.5°C pathway.

AboitizPower slates 4600 MW clean energy portfolio for decarbonisation strategy

The company’s RE platform makes it the largest in the Philippines.

RATCH Group sets new green projects in Australia, Vietnam and the Philippines

Future developments are projected to generate a 2,918.23 MW capacity from 2024 to 2033.

Companies pledge for tripling of nuclear power by 2050

120 companies and 140 nations have expressed support for the pledge.

4 Japanese energy firms chosen for offshore wind power project in Akita Prefecture

The project will be located off Oga City, Katagami City, and Akita City in Akita Prefecture.

IRENA gains major $4.05b boost for energy transition platform

The ETAF Platform is intended to boost renewable energy within developing countries.

World leaders vow to grow renewable energy capacity and double energy efficiency improvements

World leaders commit to working together to reach 11,000 GW of renewables capacity.

Masdar partners with Bahrain’s Mumtalakat for clean energy push

The Kingdom of Bahrain aims to promote sustainable energy with net-zero emissions by 2060.

Over KRW 148.7b to be invested in 2024 for energy value chain projects

Over 100 proprietary technologies and 80 super-gap technologies will aid the energy value chain.

Indian renewable energy capacity to increase170 GW by March 2025: report

It will be backed by strong policy support and moderation in solar module prices.

World Bank and ADB strike deal for the expansion of Nepalese hydropower sector

The MOU will cover the upcoming Upper Arun and Dudh Koshi hydropower projects.