Power Utility

APAC electricity demand to grow 4% annually to 2024

The growth rate stabilises following an 8% increase in 2021.

Asia amongst key drivers of growth in nuclear power: report

32 nuclear reactors under construction are expected to bring 30GW in electricity per year.

Restrictions in banking of power threatens renewables growth in India

Without banking power, the business model of solar power becomes unviable.

Financing the future of green hydrogen

The next energy market disruptor, green hydrogen is moving at lightspeed and global investment, with strong policy support and replication of the...

Asian LNG imports to grow 3.7% annually over the next decade

This is to support the increasing demand, according to Wood Mackenzie.

Geothermal power needs policy boost to stay on the net-zero track

Its annual capacity additions averaged only 500MW annually in the last five years.

Solarvest, QBE, Anora sign MOU to offer solar investment insurance

The product will allow coverage of consequential loss due to damages on property during PV installation.

Solar power to get 'lion’s share' of funding in next 5 years

Over 58% agreed the sector will attract the bulk of investments in Asia.

Opposition may cloud India’s new tax on solar

A 25% rate on solar cells and 40% on solar modules will be introduced by April.

Fewer are concerned over investment uncertainty in Asia's electric industry

24.6% cited it as the most challenging issue in the electric industry, a drop from 37.1% in 2020.

7 in 10 leaders see hydrogen generation helpful in Asia's clean energy transition

Meanwhile, 51.4% believe that the answer is in retiring fossil-fuel generation. 

Policies, underinvestment lead the biggest threats to Asia’s grid reliability

43.9% agree that policy debates serve as a hurdle in grid operations.

India’s power consumption to rebound “strongly” in 2022: Fitch

It is projected to reach 1,431TWh by year-end from 1,271TWh in 2020.

Renewable power gains ground in APAC despite cost inflation in 2021

The average cost of producing solar and onshore wind rose by 9% and 2%, respectively.

Clean energy transition track in South Korea to remain ‘divided’: report

A new administration could reverse policies that reduce reliance on nuclear.