News

China to slash renewables subsidies by 30%

Government incentives will fall from $1.15b in 2019 to $807m in 2020.

China's coal generation could exceed global limit threefold over continued capacity hikes

Industry groups proposed to raise the nation’s coal power cap to 1,200-1,400GW.

Is there room for the Singapore-Australia power project in a crowded market?

Incumbent gencos are grappling with overcapacity and excess gas supply.

Billionaires invest $46m in Australian solar farm connecting to Singapore

The 4,500km transmission network is set to be the world’s longest high voltage cable.

Senoko Energy denies seeking loans to weather oversupply issues

It said it has explored the possibility with EMA but currently sees no need for it.

India's Powergrid banks on asset monetisation to weather order drought

The utility is eyeing to execute its $1.39b plan by March 2020.

JERA in talks to buy stake in 1.9GW Formosa-3 wind project

The project could start operations in 2026-2030.

Land procurement hiccups stall India's renewables projects

Around 60%-70% of the time goes to approvals and procurement.

Asia Pacific leads global electricity procurement market in Q3

Manila Electric was the largest issuer in the region with 2.9GW procured from three tenders.

Asia Pacific's decarbonisation costs could hit $3.5t in 2040: report

Costs of solar, wind and storage projects could decline over 3% annually over the next decade.

Japan strengthens local offshore renewables market with coastal waters law

It assigns property management laws to the general waters in Japan’s coastal areas.

China's solar power to moderate amidst renewable subsidy phase-out

Solar projects in the pipeline are few whilst wind projects are expected to accelerate.