Singapore

40 of 56 reactors under construction globally are in the region.

Will utilising it prove to be boon or bane?

It wants to achieve double-digit ROE in five years and renewables business growth amongst others.

The launch comes prior to Singapore's full retail electricity market liberalisation.

Renewables capacity expansion in China and India will serve as strong tailwinds.

Utility-scale solar PV continues to grow at a breakneck pace, driven by continually falling prices, including 19.7 USD/MWh in the recent Mexico auction and 17.9 USD/MWh in the recent Saudi Arabia auction – price levels that were nearly inconceivable even just a few years ago.

It now holds a capacity of 11,135MW in the Asia Pacific region.

Storage is useful but not essential, expert said.

This is despite challenges arising from wider renewables use.

The privatisation trend, in particular, holds promise in the near to mid-term horizon, says KPMG partner.

I decided to stop my recipes on PV projects this month. We all seem to enjoy seeing more and more of programmes about cooking on TV, but we should also have some change to it. I would like to go back to a topic that I have addressed in one of my earlier articles: PV rooftops. Utilities are particularly worried with the rooftops and specially when no subsidies are involved as it is the case right now in most countries. Utilities fear the canibalization of their revenues and in particular for most of the Asian countries (and not only in Asia) that the slice of the paying consumers better-off will be the ones interested in installing PV rooftops due to expensive electricity bills. This happens mostly due to cross subsidies and without actually removing them, the problem is not on PV rooftops, but on the structure of subsidies.

ENGIE will be creating a test site for a 2.8MW microgrid.

Industry-disruptive technologies like solar storage, as well as electricity trading and 3D modeling, are transforming the value chains of power utilities.

PacificLight’s CEO Yu Tat Ming shares how his company maintains and innovates Singapore’s first LNG-fired power plant.

The transaction will close in 1Q18.

If you thought it was maximising solar capacities, you are wrong.