APAC
Global nuclear generation up 1.8% in 2023, led by US and China
Global nuclear generation up 1.8% in 2023, led by US and China
Japan saw the fastest growth in nuclear share as it resumed operations of reactors.
Six key actions to expedite offshore wind deployment
Collaboration of industry leaders and policymakers is vital to meet the ambitious targets.
Hydropower output drops to 5-year low globally
The gap left by hydropower was met by fossil generation.
Renewable energy share in world’s electricity mix surpasses 30%
China is the main contributor as it comprises over half of the wind and solar installations.
Pressures mount for less desirable energy insurance placements in the region
Industry experts eye offshore investments as most attractive, yet more expensive.
Offshore wind deployment timeline insufficient to meet 2030 targets
Only 233 GW will come online by 2030 based on the pipeline, way below the 494 GW goal.
LNG sector faces oversupply amidst sluggish demand growth
Global LNG supply will grow 40% in five years from 2023 to reach 666.5 mtpa by 2028.
Solar panel recycling market to witness steady growth, reaching $931m by 2029
Environmental regulations and government commitments will drive the market’s growth.
‘Hybrid approach’ essential for energy security amidst geopolitical instability
Conventional energy remains a part of the solution for energy security.
Global offshore wind capacity rose by 9.8 GW in 2023
The total offshore wind capacity reaches 67.4 GW.
Celebrate your exceptional energy and sustainability initiatives with Asian Power
The awards programmes are accepting nominations until 19 July 2024.
UNEZA aims to increase RE capacity by 2.5 times by 2030
The alliance also emphasised the need for grid infrastructure.
High interest rates pose a threat to the energy transition
It would raise the cost of capital for renewables and nascent technologies.
ACWA Power and IRENA join forces to lead energy transition initiatives
They will also look into driving investment in renewable projects.
Bhutan bags $159.3m loan from EIB for RE projects
This will fund hydropower and solar projects in Bhutan.
APAC leads global wind power sector growth
It posted a 15% YoY increase in terms of additional capacity.
Wind energy sector achieves record growth with 117 GW of new capacity
The installations were located in 54 markets.
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