Asia's Renewable Energy Transition
Four key areas to address to accelerate renewable energy growth
Four key areas to address to accelerate renewable energy growth
Around $10t in investment is needed to triple the renewables capacity by 2030.
Guangdong Energy, China Three Gorges to supply power to Linde
The delivery of electricity will start in the first quarter of 2024.
Avaada Group secures $1b for green hydrogen, ammonia development
The investment came from Brookfield Renewable.
PowerChina, Oracle Power tie up to develop 1GW solar farm in Pakistan
It can generate 1.7 billion kilowatt-hours of power annually.
Kazakhstan could miss its revised 2030 renewables target
The country set a 15% renewables target in 2021, up from 10% initially.
Looming power supply woes in Thailand could drive renewables market
This will particularly benefit the solar and biomass sector, Fitch Solutions reported.
Greenko, John Cockerill to develop India’s Green Ammonia plant
The project is expected to be commissioned by 2024.
High capital cost for renewables to persist in 2023: report
But its impact on prices and technology will vary amongst developers.
Renewable energy accounts for only 14% of Asian bank’s financing
No discernible upward trend was seen in the past six years.
Solar, Wind to lead renewables growth in the Philippines
The non-hydropower renewables are expected to grow by 6.8GW.
Just Transition Support Platform for developing countries launched
This forms part of the ADB’s commitment to ensure build capacity of developing countries.
Ingka Group becomes Asia Clean Energy Coalitions’ founding member
The coalition will convene the world’s leading clean energy buyers, investors, and developers.
APAC to generate lion’s share of world’s energy by 2030
The region is expected to account for 56% of the world’s energy in the next decade.
Over 100 wind firms call for ‘dramatic action’ to scale up RE transition
This comes ahead of the COP27 in November.
Energy firms ‘on track’ to meet energy transition target: report
More than 40% of companies are expected to be powered by renewables by 2030.
ADB commissions off-grid renewable hybrid energy in Mongolia
The system is expected to supply 1,500 local residents amongst others.
GPSC, SC Asset study clean energy innovations for real estate
The MoU covers a period of two years.
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