News

Asia amongst key drivers of growth in nuclear power: report

32 nuclear reactors under construction are expected to bring 30GW in electricity per year.

Asia amongst key drivers of growth in nuclear power: report

32 nuclear reactors under construction are expected to bring 30GW in electricity per year.

Restrictions in banking of power threatens renewables growth in India

Without banking power, the business model of solar power becomes unviable.

Masdar to explore RE export from Indonesia to Singapore

It will look into the development of a 1.2GW solar capacity in Indonesia.

Masdar, Mitrabara form renewables firm for Indonesia’s C&I segment

The joint venture will operate under the brand Solar Radiance.

Asian LNG imports to grow 3.7% annually over the next decade

This is to support the increasing demand, according to Wood Mackenzie.

ReNew Power, Fluence to form energy storage joint venture

The joint venture is expected to start operations in the first half of 2022.

Solarvest, QBE, Anora sign MOU to offer solar investment insurance

The product will allow coverage of consequential loss due to damages on property during PV installation.

Solar power to get 'lion’s share' of funding in next 5 years

Over 58% agreed the sector will attract the bulk of investments in Asia.

Opposition may cloud India’s new tax on solar

A 25% rate on solar cells and 40% on solar modules will be introduced by April.

Fewer are concerned over investment uncertainty in Asia's electric industry

24.6% cited it as the most challenging issue in the electric industry, a drop from 37.1% in 2020.

Renewable integration cited as most challenging issue in Asia’s electric industry

Around 35% said renewable integration is the top challenge for the industry. 

7 in 10 leaders see hydrogen generation helpful in Asia's clean energy transition

Meanwhile, 51.4% believe that the answer is in retiring fossil-fuel generation. 

Policies, underinvestment lead the biggest threats to Asia’s grid reliability

43.9% agree that policy debates serve as a hurdle in grid operations.

India’s power consumption to rebound “strongly” in 2022: Fitch

It is projected to reach 1,431TWh by year-end from 1,271TWh in 2020.

Philippines’ new sustainability framework restricts fossil fuel financing

Fossil fuel power-generation projects will be excluded from its green financing scheme.

Black & Veatch unit, EIP partner to develop RE in South Korea

This is in aid of South Korea’s target of a 20% reduction in emissions by 2030.