Power Utility
Japanese firms are leading supplier for geothermal power projects
These firms accounted for the majority of global geothermal equipment.
Japanese firms are leading supplier for geothermal power projects
These firms accounted for the majority of global geothermal equipment.
New battery storage capacity to grow over 400GWh annually by 2030
Rystad Energy noted this is a ten-fold increase compared to current annual additions.Â
Philippines’ transmission and distribution sector may struggle to keep up with growing power sector
This comes as power outages are experienced in Luzon.Â
Malampaya gas field contract extension boosts Philippines’ domestic LNG production
This poses downside risks for LNG imports to the Philippines.Â
TNB beefs up ESG initiatives with new Sustainability Division
The division will be anchored on three key pillars– Energy Sources, Energy Vectors, and Energy Usage.
Shizen Energy, Constant Energy to develop rooftop solar power project in Thailand
The solar power generation facility will have a capacity of 999kWp.Â
Southeast Asia at the forefront of coal phase-out in power plants
Amidst the challenges of eliminating coal in the region’s energy mix, ASEAN Taxonomy Board paves way for sustainable financing for phase-out.
Australia is amongst fastest market to move away from coal: report
It is poised to be a regional outperformer for renewables.Â
APAC may struggle to find funding for oil and gas sector
This comes as more financial institutions commit less funding for fossil fuels.
Wind turbine intake hits new record in Q1
The intake reached 23.5GW of activity, Wood Mackenzie reported.Â
Clean energy investment to rise to US$1.7t in 2023: IEA
This includes funding for renewables, EVs, nuclear power, grids, and storage.Â
Coal share in China’s power mix to decline in coming years: report
this is despite its reliance on coal, Fitch Solutions reported.Â
China to sustain lead in renewables in the long term: report
This will mainly come from its solar power sector.Â
Solar PV manufacturing in China to grow to over 230GW in 2026
This is more than enough to supply global market demand, Wood Mackenzie reported.Â
China’s solar exports up by 64% in 2022: report
Exports amounted to US$52b, Wood Mackenzie reported.Â
LNG demand in South Korea to remain high despite nuclear power expansion
The market will continue relying on LNG for primary backup fuel amidst its energy transition.
Fresh push for nuclear power dims LNG expansion in South Korea
The government plans to boost nuclear power generation to 32.4% by 2030.
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Tenaga Nasional Berhad takes home Gold for Transmission & Distribution Project of the Year at Asian Power Awards
![Tenaga Nasional Berhad takes home Gold for Transmission & Distribution Project of the Year at Asian Power Awards]()
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The company’s Energy Integrated Platform enables customers to see real-time energy consumption data, allowing for optimised usage.
The company’s Energy Integrated Platform enables customers to see real-time energy consumption data, allowing for optimised usage.
