News

Solar PV manufacturing in China to grow to over 230GW in 2026

This is more than enough to supply global market demand, Wood Mackenzie reported. 

Solar PV manufacturing in China to grow to over 230GW in 2026

This is more than enough to supply global market demand, Wood Mackenzie reported. 

Sembcorp to develop 600MW hydrogen-ready power plant

The plant is expected to be operational by 2026. 

APAC to lead floating solar demand

China will have the highest installed capacity globally by 2031 at 13.8GW.

Global floating solar to exceed 6GW by 2031

The sector is expected to grow by 15% annually until 2031.

India’s RE capacity reaches 301GW

Around 172GW of the total had already been deployed.

PIF subsidiary, ACWA Power invest US$3.25b in Saudi Arabia solar projects

The three solar projects seek to produce a combined capacity of 4.55GWac. 

Japan’s clean energy transition lags behind G7 states

Its generation from the wind sector is less than 1% of the total electricity.

China’s solar exports up by 64% in 2022: report

Exports amounted to US$52b, Wood Mackenzie reported. 

Octopus Energy to invest $1.9b in APAC energy sector

Around $1.2b will be dedicated to the region’s solar and wind generation.

NEOM Green Hydrogen secures $8.4b in investment

It is expected to start production by end-2026.

LNG demand in South Korea to remain high despite nuclear power expansion

The market will continue relying on LNG for primary backup fuel amidst its energy transition.

Fresh push for nuclear power dims LNG expansion in South Korea

The government plans to boost nuclear power generation to 32.4% by 2030.

ACWA Power inks deal for Uzbekistan wind, green hydrogen projects

It will contribute to Uzbekistan’sgoal to decarbonise 35% of its energy sector by 2030.

Masdar to develop over 2GW solar, wind projects in Uzbekistan

It will also build a 500MWh battery energy storage.

Fossil fuels dominate China despite ‘strong’ renewables growth: report

The market added over 100GWs of wind and solar annually in the last three years.

Masdar clean energy capacity reaches 20GW in 2022

It increased by 33% compared to the previous year.