News

South Korea ends state financing of overseas coal projects amidst mounting US pressure

The country has been facing strong public criticism for supporting coal-powered projects.

South Korea ends state financing of overseas coal projects amidst mounting US pressure

The country has been facing strong public criticism for supporting coal-powered projects.

"Coal inertia" remains strong in Asia Pacific despite climate pressure: report

However, it also found that renewables pipelines accelerated in the region.

India's NTPC launches tender for 1 GW solar capacity

This comes amidst NTPC’s plans to have a minimum 32 GW capacity by 2032.

Renewable energy capacity to nearly double in ASEAN by 2025: HSBC

Technological advancement and lower costs of renewables will drive this expected growth.

China vows to raise solar and wind power generation to 16.5% by 2025

The commitments come amidst its pledge to decarbonize the country.

Chinese banks 'genuinely' trying to exit coal: Project Finance International

Banks are said to have introduced policies to immediately phase out coal power from their investments.

South Korea jacks up renewable energy quota to 25%

The new quota, which represents a sizeable increase from the current 9% target, will be implemented in October.

J-Power shuts down plans for new coal-fired power plant

The power company is considered the biggest coal-fired power company in Japan.

Singapore's DBS targets zero thermal exposure by 2039

DBS will cease onboarding new clients who derive more than 25% of their revenue from thermal coal.

India's annual power demand drops first in 15 years

This is due to power consumption being slashed amidst strict lockdowns.

Canadian Solar starts construction of four solar projects in Japan

The projects total 143 MWp worth of generation capacity.

Sunseap to supply Facebook's Singapore operations with solar energy

The energy will come from Sunseap’s offshore floating solar farms.

J-Power to convert Virginia coal plant into solar and storage facility

The project construction and redevelopment will begin from 2022.

India's NTPC power generation rises over 8%

Its total output reached 314 TWH in 2020/21.

Solar company Longi to enter the hydrogen market in China

A new company under the Longi name was registered last month.

New 1.2 GW power plant in Malaysia underway

The 1.2GW gas-fired plant is expected to be operational by 2024.

Korean GS Energy to build LNG power plants in Vietnam

The two power plants are estimated to be completed by 2026 and 2027.