Power Utility
Renewable generation capacity grows by nearly 10% globally in 2022: IRENA
Current renewable capacity stood at 3,372GW.
Renewable generation capacity grows by nearly 10% globally in 2022: IRENA
Current renewable capacity stood at 3,372GW.
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.