Power Utility
Indonesia’s Pertamina speeds up clean energy shift
Indonesia’s Pertamina speeds up clean energy shift
The company will prioritise the development of New and Renewable Energy.
Will 30 years be enough to achieve carbon neutrality?
Countries need time to decarbonise old assets, too, Black & Veatch claims.
Solar Philippines unit accelerates timetable for 4GW development
It will be funded by proceeds from the planned SRO in June 2022.
Three reasons why agrivoltaics could be key RE sector in India
Geography is a major factor why the country is best to adopt agrivoltaics, IEEFA says.
Wind power may overtake solar in Asia in the next decade
Asia maintains lead in renewables generation growth, Fitch reported.
Lockdowns, energy price hike could worsen China’s oil demand risks: report
Some 0.5 million bpd of oil consumption is at risk in case of a severe lockdown.
Ukraine restores power supply to Chernobyl power plant
The NPP was disconnected from the grid last week, the IAEA reported.
China drives rooftop solar growth: report
Installations increased to 27.3GW in 2021 from 19.4GW in 2017.
Why are Australia’s coal plants exiting at a faster pace?
Coal plants’ profitability is declining with the entry of low-cost renewable energy.
Bangladesh to continue relying on gas power: report
This is despite its 30% renewable energy target by 2030.
Rapid growth in power consumption seen in Bangladesh within 10 years
This is thanks to its booming garment industry, Fitch Solutions reported.
Renewable growth is grappling in South Korea
Could this be due to geographical barriers, prices, or the presidential elections?
Philippines’ ACEN net income jumps 22% YoY to $101.6m in 2021
It plans to invest around $1.1b to expand its renewables portfolio.
China could face ‘stronger competition’ in energy imports: Analyst
This is due to the changing energy supply pattern amidst the Russian conflict with Ukraine.
Asia is amongst ‘most attractive’ region for green hydrogen development
The region is projected to add 30GW capacity by 2030.
Gas demand in Eastern Australia could drop by 60% in 2050
Demand has been declining due to the clean energy transition.
Vietnam’s renewables growth to slow in near-term: report
This is due to regulatory and operational uncertainties, Fitch said.
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