Power Utility
Battery energy storage investment to climb US$20b in 2022: IEA
Battery energy storage investment to climb US$20b in 2022: IEA
This is largely led by grid-scale deployment.
South Korea bares gov’t plans to support nuclear energy sector growth
It includes the reconstruction of New Hanwil nuclear plant units 3 and 4.
IRENA, OPEC Fund tie up to advance RE investment
This is in pursuit of a “just, inclusive, and equitable energy transition.”
Asia to account for over 60% of global solar growth
Solar capacity in the region will grow by about 760GW from now to 2031.
India’s RE auction to continue attracting large developers
IEEFA said current challenges will not have long-term impact to India’s energy sector
Mainland China to dominate solar market growth: report
It will add 559GW of solar capacity until 2031.
Asia overtakes Europe as key importer of seaborne Russian oil: report
India’s imports alone grew 658% against 2021 levels.
Offshore wind CAPEX in China to decline in next decade: report
Capital expenditure in the market is expected to drop to $7.7b in 2030.
Pakistan’s LNG import dependence puts energy security, financial stability at stake
The country imported 7.4 million tonnes of LNG in 2020.
Japan and the G7 climate commitment: how will they follow through?
Japan’s decision to align with other G7 nations ending financing of fossil fuels in other countries sounded a clear note of unity amid the tangled...
‘Strongest’ growth potential in gas-to-power sector seen in APAC: report
This includes Southeast Asian markets, such as Vietnam, and the Philippines amongst others.
APAC is ‘outperformer’ in gas generation: Fitch
Its gas generation volume will rise by 898TWh from 2022 to 2031.
Terrenus Energy, LONGi bring nearly 20MWp solar modules to Changi Airport
This is expected to generate some 23.9GWh of clean energy annually.
Green capex in China to zero in on wind, solar in next 3 years: report
It will also focus on grid efficiency, and storage systems amongst others.
Non-hydropower to grow 230GW annually from 2020 to 2024
Asia will be the key growth driver, accounting for 55% global generation growth.
Petronas launches renewable energy firm Gentari
Gentari plans to build 30GW - 40GW of RE capacity by 2030.
IESA, Korea partner to promote energy storage in India, South Korea
The MoU will take effect for three years.