Power Utility

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. 

Indonesia to install 450MW wind power by 2027

The additions could be raised to 550MW if barriers are addressed.

India’s renewable equipment manufacturing to face headwinds

The market has taken strides to encourage domestic manufacturing of solar equipment.

Why markets need to reshore renewable equipment supply

Fitch Solutions expects markets to strengthen reshoring efforts. 

China to sustain lead in renewable equipment manufacturing

Companies in China are estimated to have a 50% share of the wind turbine market.

SG, Indonesia deepen renewable energy collaboration

The MoU provides for the establishment of an institutional framework to facilitate investments.

Gwadar coal power plant: One step forward, two steps back

The revival of the Gwadar power project on imported coal could heighten Pakistan’s economic stress

Installed renewables capacity in India reaches over 168GW

This includes 63GW of solar power and 46GW of large hydro amongst others. 

China dominates global wind turbine orders in 2022

The market accounted for 70% of the order capacity during the year. 

Ramping up clean energy will help Bangladesh reduce its reliance on imported fossil fuels

Bangladesh’s energy and power sectors continue to experience the pinch of its reliance on expensive and highly volatile imported liquefied natural gas...

China, Vietnam lead markets with most gas plant build-out: report

The gas capacity across the globe grew by 22% YoY in 2022. 

NTPC transfers RE assets to its green energy subsidiary

This is in line with the group’s plan to reach a renewable energy capacity of 60 GW by FY32.

South Korea’s electricity demand up by around 3% in 2022

Renewables and nuclear mainly catered to the demand growth.