In Focus
Storage crucial as China's wind, solar venture into grid parity
Energy storage is expected to exceed its 2025 capacity target of 30GW.
Storage crucial as China's wind, solar venture into grid parity
Energy storage is expected to exceed its 2025 capacity target of 30GW.
Renewable energy use may become mandatory for some Indian sectors
The bill will impose carbon trading and minimum consumption of non-fossil fuel sources.
Renewables key to resolving energy security, climate crises
Wind energy is one of the most competitive and mature technologies.
Asia’s gas demand to remain flat in 2022: report
The region is expected to post a modest recovery of 3% in 2023.
Indonesia’s geothermal energy to reach 8.1GW by 2035
It could still meet its 9.3GW target if it is successful in the WKP auctions, amongst others.
Nuclear power to reach 873GW(e) by 2050: IAEA
The current capacity is at 390 GW(e).
Asia’s offshore wind to reach over 100GW in 2031: report
This is up from only 27.3GW in end-2021.
China drives wind market to break turbine order record in Q2
A total of 35GW out of 43GW global orders were from China.
Rise of local power firms boost RE adoption in Vietnam: IEEFA
The feed-in-tariff policy in 2017 attracted local firms to enter power generation.
Southeast Asia faces uphill battle in CCUS deployment without carbon pricing
It is unlikely that the carbon price in the region could reach $40 per tonne of carbon dioxide.
Singapore digs deep to unleash geothermal energy potential
But the volumetric extent of hot rock where geothermal can be sourced is unknown.
Australia’s energy industry posts 16.7% MoM turnover growth in June
It has the largest percentage growth for two consecutive months.
China, US to account for 75% of global energy storage demand
Wood Mackenzie projected the markets to have 422GWh and 600GWh by 2031.
Japan should consider alternative power sources to avoid supply shortage: Fitch
Natural gas holds the largest share in the country’s power mix.
APAC electricity demand to grow 3.4% in 2022
This is due to the lower economic growth and high energy prices.
East Asia, Pacific remain as hydropower ‘powerhouse’
Its total capacity reached 532GW in 2021.
China leads hydropower installation in 2021: IHA
Around 21GW of the 26GW new installations last year came from China.
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