Power Utility
What India’s 537GW renewables capacity target needs
This is in line with its goal to achieve 50% cumulative installed capacity by 2030.
Japan, US partner to develop small modular reactors
They will also explore other next-generation advanced reactors.
Just Energy Transition Program to boost Vietnam’s 2050 net-zero target
The government could incorporate the JETP into its Power Development Plan 8, Fitch Solutions said.
India’s wind capacity rises by 26%
The market added 1.85GW of new capacity.
India grows solar capacity by 11GW
This is 47% higher than its 2021 installations.
Asia’s low-carbon investment to increase 12% YoY in 2023
Africa is expected to see the highest growth of 26%.
Low-carbon projects spending to increase 10% YoY in 2023: Rystad
This is a slowdown compared to the average of around 20% increase in recent years.
Other RE sector in India to expand slower than solar: report
Onshore wind and biomass are seen to reach 90.3GW and 17.5GW in 2032, respectively.
India misses 2022 renewable capacity target
But the solar sector posted a sharp increase of 12.8GW during the period.
China, Australia drive Asia’s energy storage market: report
The markets to account for 31% and 26% of the total electricity generation.
US, Australia amongst leading battery systems market: report
The markets account for 55% of projects globally, Fitch Solutions reported.
Could current and planned renewables capacity offset coal
Over 3,200GW wind and solar are projected to be installed by 2030.
‘Subdued’ long-term growth seen in Japan’s nuclear power sector: report
Nuclear power generation will likely increase to 88TWh in 2031 from 57.3TWh in end-2021.
Solar to see strongest growth in Japan’s power sector
It is expected to rise to 113GW in 2031.
What will run Vietnam’s power sector
The market may not complete its power mix transition in this decade.
China, India lead gas pipeline construction in 2022: Global Energy Monitor
The two markets are estimated to account for more than US$40b of construction costs.
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