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RE adoption to accelerate due to gas market volatility
RE adoption to accelerate due to gas market volatility
Asia is expected to generate 831TWh of gas-fired power over the decade.
Global coal generation seen to rapidly decline over the decade
Asia is the only region that will post growth in coal generation.
IRENA’s energy transition finance platform gets $400m in funding
The platform targets to deploy 1.5W of new renewable power across developing countries by 2030.
‘Vast potential’ seen in Saudi Arabia’s solar power sector: report
But, Fitch forecasts its capacity growth will only go over 5.1GW between 2022 and 2031.
India remains world’s ‘outperformer’ in solar power: report
The market is slated to bring some 90GW of new solar capacity by 2031.
Low carbon hydrogen demand likely to grow over 600Mt in 2050: report
This is up from the current 1Mt.
Asia leads race in biomass power: Fitch
The region is projected to produce 29.3GW of biomass power capacity between 2021-2030.
PETRONAS, Microsoft partner to develop 100MW solar project
The partnership also covers the development of the first Digital Sustainability Core.
How energy intensity improvement can help achieve net-zero emissions by 2050
Doing this can avoid 95EJ of energy demand by 2030, the IEA said.
Renewable electricity storage may be the key in Australia’s energy crisis: IEEFA
This more beneficial than the proposed capacity mechanism.
$1.2b budget to speed up RE infrastructure in New South Wales
This is the largest investment of the state of RE projects.
South Korea asks UAE for stable oil, gas supply
They are gearing up for energy and tech cooperation.
Non-hydropower RE to ‘more than double’ in next ten years: report
It is expected to reach 7,661TWh in 2031.
Which countries make up most of the world’s renewables
Mainland China, India, and Japan are amongst the five entities that account for 77% of the world’s renewables.
Global wind capacity additions to reach 745GW until 2031
Mainland China will account for 49% of the new capacity during the period.
IRENA, RCREEE renews partnership to scale up RE deployment in MENA
The agencies will collaborate in regional dialogues and initiatives to strengthen energy transition.
Polysilicon production growth to stabilise solar module prices: report
Total production is expected to reach 700,000 tonnes in 2022, globally.
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