News
Renewable energy capacity to nearly double in ASEAN by 2025: HSBC
Renewable energy capacity to nearly double in ASEAN by 2025: HSBC
Technological advancement and lower costs of renewables will drive this expected growth.
China vows to raise solar and wind power generation to 16.5% by 2025
The commitments come amidst its pledge to decarbonize the country.
Chinese banks 'genuinely' trying to exit coal: Project Finance International
Banks are said to have introduced policies to immediately phase out coal power from their investments.
South Korea jacks up renewable energy quota to 25%
The new quota, which represents a sizeable increase from the current 9% target, will be implemented in October.
J-Power shuts down plans for new coal-fired power plant
The power company is considered the biggest coal-fired power company in Japan.
Singapore's DBS targets zero thermal exposure by 2039
DBS will cease onboarding new clients who derive more than 25% of their revenue from thermal coal.
India's annual power demand drops first in 15 years
This is due to power consumption being slashed amidst strict lockdowns.
Canadian Solar starts construction of four solar projects in Japan
The projects total 143 MWp worth of generation capacity.
Sunseap to supply Facebook's Singapore operations with solar energy
The energy will come from Sunseap’s offshore floating solar farms.
J-Power to convert Virginia coal plant into solar and storage facility
The project construction and redevelopment will begin from 2022.
India's NTPC power generation rises over 8%
Its total output reached 314 TWH in 2020/21.
Solar company Longi to enter the hydrogen market in China
A new company under the Longi name was registered last month.
New 1.2 GW power plant in Malaysia underway
The 1.2GW gas-fired plant is expected to be operational by 2024.
Korean GS Energy to build LNG power plants in Vietnam
The two power plants are estimated to be completed by 2026 and 2027.
Ørsted begins construction of 900MW offshore wind farm in Taiwan
The project will provide clean energy for one million households.
Sunseap installs offshore floating solar farms in Johor Straits
It is expected to produce around 6,022,500 kWh energy yearly.
MUFG seals $1.35b funding for hybrid renewables project in India
The 1,690 MW project is operated by Adani Green Energy Limited.
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