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5 Reasons Why Battery Storage will take off at Southeast Asia's Gas-Fired Facilities
5 Reasons Why Battery Storage will take off at Southeast Asia's Gas-Fired Facilities
How will Southeast Asia’s electric utility market evolve as it emerges from the fall out and impact of COVID-19 on the global economy? Already facing what was predicted as moderate GDP growth rates and a slowdown in the growth of demand for electricity, the region could also be coping with increased pressure to lower electricity rates and sustained pressure to broaden the energy mix, transitioning to cleaner forms of generation.
Cleantech Solar bags $104.36m green loan for 500MW solar projects
Proceeds will be used to finance its expansion across Southeast Asia.
APAC to make up nearly half of global solar repair spend by 2025
Solar power systems nearing inverter end of life accounts for 5% of the global PV market.
Modular renewable systems in the cards for Bangladesh
Less reliance on imported fuel will help avoid fluctuations in volatile commodity markets.
Singapore's power consumption surged 22% in May
Apart from WFH arrangement, the hot weather called for more power in cooling appliances.
Residential use drives Asia Pacific's power demand
Bill shock could occur in countries with rising block tariffs.
China's solar giants forced to cut prices as virus curbs demand
Costs for components like wafers and cells have fallen by 20% since 2020 started.
Myanmar floats 1GW solar tender
The government will award 20-year PPAs to select IPPs.
Gas-fired power on the rise in Myanmar
Two gas power projects are tipped to come online in 2020.
Bangladesh's 300MW oil-fired plant bags $199.75m in loans
It’s the first IPP in Bangladesh financed by international commercial financiers.
Two-thirds of Asian firms feel government pressure to go green
A third are looking to invest in offshore wind.
Uncertainties loom over Southeast Asia's thermal coal sector
The region could follow after the global deflation in renewable tariffs.
Coal exit plans on the rise in Asia
Lenders could follow after Mizuho’s move to shun financing of coal-fired power.
150 GW of renewables in Asia Pacific at risk if recession stretches
A loss of 380 TWh in power demand is expected this year.
Singapore's Sembcorp rolls out renewable energy certificate platform
It aims to woo companies into purchasing volumes of RECs to offset their carbon footprint.
European IPP Amarenco sets up APAC HQ in Singapore
It is starting with the acquisition of a 50MW portfolio in Thailand.
South Korea's thermal coal imports to sink 19.2% to decade-low
The country imposed tougher restrictions on coal power from December 2019 to March.