Power Utility

Power sector expansion in Myanmar to remain ‘limited’: report

It is projected that net installed capacity growth will be marginal at 2.1% annually. 

Power sector expansion in Myanmar to remain ‘limited’: report

It is projected that net installed capacity growth will be marginal at 2.1% annually. 

Nuclear power’s share in APAC’s power generation to grow to 8% in 2050: report

It accounted for only 5% of APAC’s power generation in 2021. 

Can voluntary carbon markets accelerate decarbonisation in Asia?

Asia has a powerful climate financing challenge. Taking the power sector for example, the region is projected to consume half the world’s electricity...

Australia’s gas usage to drop to 34% by 2030

This comes as the market transitions away from gas. 

EGAT accelerates Hydro-floating Solar Hybrid expansion

It is also studying eco-friendly electricity generation technology. 

Coal divestment of global financial institutions double in three years

Whilst European FIs are leading coal divestments, FIs from Asia are also rapidly increasing. 

Only East Asia can meet pumped storage target by 2050

The region’s capacity growth will be largely driven by China.

How soon should the world retire coal plants to meet climate goals

GEM estimated coal retirement globally needs to be almost five times faster.  

How much Bangladesh needs annually to reach its 2041 target

The country wants to increase its renewable energy capacity to 40%, IEEFA said. 

ADB to study early coal retirement in Kazakhstan

This will be accomplished through the bank’s energy transition mechanism program. 

JAIF strengthens ties with nucleareurope

The MoU signed reflects recent changes in nuclear circumstances.

Asia’s power consumption to grow 3.5% annually in the next decade

The region has the world’s largest growing electricity demand, Fitch Solutions said.

GEAPP provides $35m to improve energy access, transition in South and Southeast Asia

Bangladesh, India, Indonesia, Pakistan, and Vietnam will be prioritised for the fund.

India’s solar capacity up by more than 12GW in 2023

Its wind capacity meanwhile grew by 2.2GW. 

Kazakhstan could miss its revised 2030 renewables target

The country set a 15% renewables target in 2021, up from 10% initially.