APAC
Pressures mount for less desirable energy insurance placements in the region
Industry experts eye offshore investments as most attractive, yet more expensive.
Pressures mount for less desirable energy insurance placements in the region
Industry experts eye offshore investments as most attractive, yet more expensive.
Offshore wind deployment timeline insufficient to meet 2030 targets
Only 233 GW will come online by 2030 based on the pipeline, way below the 494 GW goal.
LNG sector faces oversupply amidst sluggish demand growth
Global LNG supply will grow 40% in five years from 2023 to reach 666.5 mtpa by 2028.
Solar panel recycling market to witness steady growth, reaching $931m by 2029
Environmental regulations and government commitments will drive the market’s growth.
‘Hybrid approach’ essential for energy security amidst geopolitical instability
Conventional energy remains a part of the solution for energy security.
Global offshore wind capacity rose by 9.8 GW in 2023
The total offshore wind capacity reaches 67.4 GW.
Celebrate your exceptional energy and sustainability initiatives with Asian Power
The awards programmes are accepting nominations until 19 July 2024.
UNEZA aims to increase RE capacity by 2.5 times by 2030
The alliance also emphasised the need for grid infrastructure.
High interest rates pose a threat to the energy transition
It would raise the cost of capital for renewables and nascent technologies.
ACWA Power and IRENA join forces to lead energy transition initiatives
They will also look into driving investment in renewable projects.
Bhutan bags $159.3m loan from EIB for RE projects
This will fund hydropower and solar projects in Bhutan.
APAC leads global wind power sector growth
It posted a 15% YoY increase in terms of additional capacity.
Wind energy sector achieves record growth with 117 GW of new capacity
The installations were located in 54 markets.
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.
First Gen continues development of 1.2 GW natural gas project
It aims to reach 13 GW of total capacity in the next six years.
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.
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