APAC
How to make coal plants more profitable by switching to solar?
This should be done through large-scale deals.
Global BESS capacity set to grow 24% annually until 2030
The technology will ensure reliable grid networks amidst growing power demand.
Global solar market adds 447 GW, led by China
However, 80% of the new installations were concentrated in the top 10 markets.
ADB pledges $50m fund to support APAC energy transition
The fund will be allotted to renewable energy and other clean energy technologies.
Offshore wind sector to add 410 GW capacity by 2033
Australia, Japan, South Korea, the Philippines, and Vietnam are amongst the growth drivers.
China leads global hydropower growth with 6,749 MW new installations in 2023
It is followed by Laos, Cambodia, Vietnam, and Indonesia in East Asia and the Pacific.
Installing spare solar capacity could help achieve 2030 goals early
This will also help exceed the target by 21% by the end of 2031.
South and Central Asia's hydropower capacity reaches 166 GW
Several projects are set to be completed as only a few projects came online last year.
Global hydropower capacity rises slightly to 1,416 GW in 2023
The sector’s power generation dipped due to drought conditions.
Countries still far from providing affordable and sustainable energy by 2030: report
People living without electricity grew to over 600m in 2022.
US LNG could cut Asia’s emissions by half versus coal
Demand for natural gas will continue to be strong in the coming years.
Asia to lead nuclear power expansion in the next 10 years
The region will install more than 49 GW over the period.
SMRs poised to transform global nuclear capacity expansion
The sector holds less than 4% of all nuclear projects under planning or construction.
Aboitiz Power calls for regional cooperation to enhance energy workforce
Countries should leverage their edge to develop the manpower.
ACEN to invest $15b to quadruple capacity by 2030
It aims to expand its capacity to 20GW.
Solar power to lead RE investment growth
Grid investments will reach $400b in 2024.
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