News
Asia accounts for over half of new RE capacity in 2022
China led the growth with the addition of 141GW during the period.
Asia accounts for over half of new RE capacity in 2022
China led the growth with the addition of 141GW during the period.
Middle East posts record-high RE growth in 2022
Its capacity rose by 12.8% last year.
ADB, SAEL Industries partner to develop biomass energy in India
The loan agreement amounts to $91m.
Consortium formed to develop floating offshore wind in New South Wales
The projects are planned to be developed in Hunter and Illawarra regions.
Solar PV Power secures funding for 10MW project in Malaysia
The project is expected to start operations in the second quarter of 2023.
JERA to acquire Belgium’s largest offshore wind platform
Parkwind NV has a total capacity of 771 megawatts.
Renewable generation capacity grows by nearly 10% globally in 2022: IRENA
Current renewable capacity stood at 3,372GW.
No ASEAN power grid direct investment plans yet for SG
The country will first focus on regional partnerships, the Ministry of Trade and Industry said.
Nuclear ‘renaissance’ is possible despite hurdles: Wood Mackenzie
National governments will need to address more than just competitive costs and innovations.
Increased investments could lower SMR cost to competitive levels by 2050
SMRs can be a viable competitor with renewable energy, Wood Mackenzie noted.
Policy support for nuclear power expands in 2022
This comes as markets look for a more low-carbon energy supply, Wood Mackenzie reported.
Masdar partners with ADNOC Drilling for geothermal exploration
The energy firm entered the geothermal market with its investment in Indonesia.
Tata Power unit to build 200MW solar project in Maharashtra
The project will be located in the city of Solapur.
NTPC, Indian Oil partner to develop RE projects for refineries
This will help meet the round-the-clock power requirement for IOCL Refineries.
ACWA Power, Uzbekistan to develop solar, battery projects
They will add 1.4GW of renewable energy and 1.5GWh of battery storage in Uzbekistan.
Eurus Energy’s 12.9MW wind farm in Hokkaido goes online
It started commercial operations on 15 March 2023.
India’s renewable equipment manufacturing to face headwinds
The market has taken strides to encourage domestic manufacturing of solar equipment.
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