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APAC markets adjust energy transition plans
APAC markets adjust energy transition plans
Countries may miss 2030 energy targets due to higher demand, slow renewable growth, and renewable power intermittency, a credit analyst warns.
As...
Akaysha Energy and ITOCHU team up for large-scale energy storage in Japan
They aim to build at least 1 GW of projects in Japan.
Ampelmann's gangway technologies boost safety and efficiency in wind projects
This technology can operate even during rough weather conditions.
Gazelle Wind Power reduces power costs with next-generation platform
Floating foundation and mooring systems comprise more than 40% of the total industry cost.
FT Biopower and Weltec Biopower completes 700kW biogas power plants in Japan
Another power plant with a 250 kW capacity is under construction.
Bison Brothers' all-in-one battery container enhances storage efficiency
It costs around $250,000 per kilowatt-hour.
Japanese utility firms into serious business of reselling LNG surplus
Declining local demand for LNG directs Japanese companies to the South and Southeast Asian markets.
Global coal power plant capacity sees highest net growth since 2016
China accounted for two-thirds of the 69.5 GW of new coal plants.
Power sector to drive 40% to 50% of natural gas demand by 2050
Electrification needs will propel demand growth.
China to lead CCUS investments by 2050
China, North America, ASEAN and India account for 70% of the investments.
Australia unveils National Energy Performance initiative
It aims to support energy-saving upgrades.
Wollar Solar to acquire TPC shares
The transaction is valued at $65.7m.
ASEAN energy demand to grow by 21% in 2024
Fossil fuel will still account for the largest share in energy consumption.
Bangladesh foresees surge in natural gas electricity production by 2032
The power sector accounted for a 39% share in the total natural gas consumption in 2023.
ASEAN nears 35% regional renewable energy target
This is despite the slight decline of renewables’ share in the total capacity in 2022.
High import duties stifle Bangladesh's rooftop solar growth
There is an information asymmetry within the sector.
Citicore logs 12% YoY income growth to $24.8m in 2023
This is on the back of its “strong guaranteed base lease.”
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