APAC
ASEAN renewables fail to meet rising electricity demand in 2023
As the demand is expected to increase by 41%, solar and wind offer market opportunities.
ASEAN renewables fail to meet rising electricity demand in 2023
As the demand is expected to increase by 41%, solar and wind offer market opportunities.
Carbon market for Asia-Pacific region pushed
Coal would likely remain a major power source amidst rising demand, OPIS says.
APAC must triple energy transition investments to meet 2050 net zero goal
The region needs US$2.3t by 2030.
Global energy market heading to ‘age of electricity’
Low-emission energy is forecast to exceed 50% of the world's electricity production by 2030.
These challenges hinder emerging nations' green transition
Energy access remains to be one of the major challenges in emerging countries.
Grid needs upgrade to support battery storage growth
Batteries account for nearly 100% of the global storage market.
Renewable energy goal faces major shortfall
Over $1t is needed annually to get back on track.
Nexif Ratch secures financing for 145MWp PH solar project
It is expected to supply electricity to around 52,600 households.
Energy emissions to peak in 2024: DNV
However, Paris Agreement goals remain out of reach.
Global floating offshore wind projects up 9% in 12 months
China and Japan were amongst the top locations for operating projects.
Off-grid solar could bring light to nearly 400 million unelectrified homes
A six-fold investment boost is crucial for off-grid solar's full potential.
Renewable energy certificates prices to drop 76% by 2050 amidst market oversupply
It is expected to exceed demand until 2050.
Which country led renewable energy employment in 2023?
Over half of RE jobs were in this major market.
Governments pour $2t into clean energy since 2020
Majority of the direct public spending was in China, amongst others.
Utility alliance to invest over $116b annually in grids and renewables
Nearly half will be allocated to transmission and distribution.
World Bank to boost energy transition in East Asia, Pacific with $2.5b programme
This will fund around 2.5 GW of additional renewable energy.
Grid, energy storage expansion needed to support 2030 RE goal: IEA
In the grid alone, 25 million kilometres should be built and modernised.
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