News

South Korea unveils 14-year plan to shift from thermal to renewables

It envisions the closure of nuclear power units from 26 to 17.

South Korea urged to double renewables target

The government currently aims to raise the share of renewables to 20%.

Coal power tipped to decline in APAC in 2020

Low electricity demand hit coal-fired generation in India and Southeast Asia.

Philippine central bank rolls out framework for renewables transition

Banks are expected to provide transition plans in the next six months.

Lockdown heightens risks for India's coal power sector

New thermal power delivered less than half of renewables in new capacity additions.

Western Australian authorities endorse 15GW renewables project

The proposed Asian Renewable Energy hub comprised wind turbines and solar panels.

Total applies for electricity retailer license in Australia

It is currently building a 256MW solar project in the country.

Grid congestion drags renewable investments in eastern Australia

New investments in Australia plummeted to $2.9b in 2019.

TGP co-develops 600MW offshore wind farm in Taiwan

It has received environmental impact assessment approval.

UN chief lauds South Korea's coal phaseout plans

Other countries were urged to follow its example.

Coal exit plans on the rise in Asia

Lenders could follow after Mizuho’s move to shun financing of coal-fired power.

Philippines' Meralco cuts capex to half

This is caused by lower power demand due to the pandemic.

Coal generation in Australia's NEM fell by 1.11GW in Q1

A surge in power outages in February and March in New South Wales drove the decline.

Vietnam adds 2.7-3GW gas-fired projects to national planning

Their first phases are set to be commissioned in 2025-26.