News

Asia Pacific leads global electricity procurement market in Q3

Manila Electric was the largest issuer in the region with 2.9GW procured from three tenders.

Asia Pacific leads global electricity procurement market in Q3

Manila Electric was the largest issuer in the region with 2.9GW procured from three tenders.

Asia Pacific's decarbonisation costs could hit $3.5t in 2040: report

Costs of solar, wind and storage projects could decline over 3% annually over the next decade.

Japan strengthens local offshore renewables market with coastal waters law

It assigns property management laws to the general waters in Japan’s coastal areas.

China's solar power to moderate amidst renewable subsidy phase-out

Solar projects in the pipeline are few whilst wind projects are expected to accelerate.

China's nuclear capacity to hit 113GW by end-2028 as reactors quickly upgrade

It plans to develop the first large-scale thorium molten salt reactors.

MNRE allows solar developers to install higher capacity than contracted

It aims to cut down occurrences of unregulated installations.

WEnergy Global to invest $20m in four energy projects in the Philippines

They will be modelled after renewable hybrid energy plants in Palawan.

SECI awards 960 MW of solar power projects in India

Renew, Avaada, and UPC Renewables won 300MW each.

South Korea to phase out 2.6GW of coal by 2021

Samcheonpo units 1&2 are amongst the plants that will be stopped.

China's wind capacity to double to 421GW by 2028

Its total wind curtailment has declined to 7% of total generation in 2018.

Australia doubles down on offshore wind for $8b

The 2.2GW offshore wind farm in Victoria opens up prospects for similar projects, according to analysts.

India's largest nuclear power plant suffers cyberattack

The malware was identified in NPCIL’s system.

Southeast Asia risks $300b energy trade deficit with oil reliance: IEA

Its dependence on imports could exceed 80% in 2040, up from 65% today.