APAC

The project will have a 100-megawatt capacity.

Annual capacity additions will double in the next five years to 155 GW.

Structural challenges were amongst the hurdles in addressing cybersecurity.

This will include floating solar, wind and hydropower projects.

Jobs in the renewable energy sector reached 13.7 million in 2022.

The facility will be used for projects that will address its environmental objectives.

As different stakeholders collaborate to achieve sustainable energy goals, the challenges are becoming more complex; there is a growing role for robust analysis and clear frameworks to guide decisions for investors, regulators, and policy-makers. 

China will have the largest wind power capacity by 2032 at 1,080 GW.

However, experts cautioned this means that the operations of coal-fired power plants would be extended. 

IEFFA said investment should be focused more on other technologies such as solar and wind.

Gregory identified region-specific opportunities to enhance water management and sustainability practices, as he advocates for the adoption of intelligent water capabilities integrated with customer-centricity practices. 

The region holds 75% of the capacity that started construction last year.

Natural gas is cleaner than coal and would support the intermittency of renewables, ANGEA said.

The project includes energy storage and distribution upgrades.

Whilst AI is still nascent, its integration in the power sector has significantly improved power plant operations.

The orders amounted to $40.5b.