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Will COP27 be a Mere Diplomatic Gathering?
As the UN climate change summit (COP27) will be held in Sharm el-Sheikh, Egypt in November, politicians, environmentalists, and industrialists from all over the world are full of expectations and doubts about what it may bring.
Will COP27 be a Mere Diplomatic Gathering?
As the UN climate change summit (COP27) will be held in Sharm el-Sheikh, Egypt in November, politicians, environmentalists, and industrialists from all over the world are full of expectations and doubts about what it may bring.
ACWA Power, OIA ink MoU to co-invest in 1.5GW wind project in Egypt
The Oman Investment Authority is looking into owning 10% of the project.
AIIB, GEAPP to invest $1b for energy transition projects
They will identify co-financing opportunities in both the public and private sectors.
Rapid growth seen in Asia’s offshore wind capacity: report
It is expected to rise by 15.3% annually.
JERA, Chevron tie up to study lower carbon technologies
They will focus on the Asia Pacific region and the US.
Targeted RE capacity needs to be doubled by 2030 to reach climate goals
Total capacity needs to reach 10.8TW from the current target of 5.4TW.
SVEVIND subsidiary to develop wind-solar-hydrogen plant in Kazakhstan
The 20GW electrolysers can produce up to 20 million tonnes of green hydrogen annually.
Sun Cable forms Asia Green Grid Network
This aims to boost partnerships to connect renewable energy in Asia.
Renewables key to resolving energy security, climate crises
Wind energy is one of the most competitive and mature technologies.
Offshore wind struggles as Asia faces regulatory bottlenecks
This may challenge Asia’s momentum in replacing Europe as the largest offshore wind market.
Clean energy firms’ ESG rating may be ‘downplayed’: report
This calls for an improved ESG methodology.
Asia turns to coal amidst a global energy crisis
India and China are amongst the markets that have increased coal production for energy security.
Bangladesh’s non-hydropower capacity to reach over 2,600MW in 2031
The capacity will grow by 19.4% annually.
Nuclear electricity generation share drops to lowest value in 4 decades
This is despite the 3.9% increase in the produced electricity.
Wind power to grow nearly 2% between 2022 and 2031: report
This is equivalent to 25.6 gigawatts of new installed capacity.
Asia’s gas demand to remain flat in 2022: report
The region is expected to post a modest recovery of 3% in 2023.
Natural gas market will remain tight in 2023: IEA
Its consumption will decline by 0.8% this year.
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