Power Utility
China to add 365GW wind capacity in the next decade: Fitch
China to add 365GW wind capacity in the next decade: Fitch
It will add 40GW annually on average.
Australia beefs up investments in bid to meet net zero: report
It is poised to make a $300m investment in CCUS projects in the next decade.
Natural gas platform Karish FPSO arrives in Israel
The platform will allow entry of more players in Israel energy sector.
Prime Infra’s Malampaya take-over bodes well for the project: Philippines’ DoE
The company announced its plans to acquire a controlling stake in the project.
India’s RE capacity reaches over 109GW as of Q1 2022
Solar accounted for 49% of the RE mix, followed by wind at 37%.
‘Significant’ expansion seen in floating wind over past six month
This brings the sector to the cusp of global commercial growth, Fitch Solutions reported.
Wind farm size to expand in next decade amidst cost-cutting pursuit
Onshore and offshore wind could rise to 370MW and 850MW, respectively.
Three imperatives for utilities in the energy transition
The utilities sector has an important role to play in our collective transition to clean energy – one that cannot be understated: by decarbonising the...
Israel gears up for fourth natural gas exploration offshore bid round
The country plans to export larger quantities of natural gas amidst the crisis.
Asia’s elevated LNG spot prices will remain for longer period: report
The average year-to-date price is $29.9/mmBTU.
Australian Labour Party victory to uplift RE growth: report
Fitch expects greater certainty and more financial support for the sector.
Higher storage capacity to complement China’s renewables expansion
The growth in RE will be met by a 9.7% growth in storage capacity
As high LNG prices lure exporters into the market, Asian buyers may look for the exit
Persistent LNG price spikes, although a boon for exporters, may stunt long-term demand growth in Asia
Hydro-electric pumped storage generation in China to rise nearly 60GW by 2025
This is, however, still below NEA’s goals.
Australia under 'dramatic transformation' as it adds 50GW renewables
The country expects its electricity will be supplied by renewable sources by 2025.
EMA wants 2 more term LNG importers
This is to enhance competition as well as provide more options for gas buyers.
Thailand to turn to renewable energy amidst gas supply challenges
This is to ensure security in electricity supply in the country.
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