From below 1MW before 2019, ASEAN nations now have over 51MW installed and 858MW planned Asia leads Europe in deploying floating solar, also known as floating photovoltaic (FPV), a new IEEFA report finds. Energy finance analysts Sara Jane Ahmed and Elrika Hamdi note that power demand in the Philippines and Malaysia has dropped by as […]
COVID-19: Global energy investments set for a historic $400 bn plunge, says IEA
This would be the largest drop in global energy investment in history, with spending expected to plunge in every major sector from fossil fuels to renewables, and efficiency New Delhi: Global energy investments are set to nosedive by 20 per cent, or about $400 billion, as compared to last year due to the COVID-19 crisis, […]
How the Philippines can lead in floating solar technology in Asia
If solar panels can withstand the waters of the typhoon-prone country, they should survive anywhere in the region, said an expert. Will regulators allow ongoing pilot projects to be scaled up? An array of solar panels floats on the waters of San Antonio in San Pedro, one of the cities surrounding Laguna de Bay, the […]
Which energy storage technology is going to power Australia’s future?
Recent events in Australia indicate a growing appetite for renewable energy and energy storage in the energy sector. Pumped hydro, thermal energy storage, hydrogen—which form of storage will reign supreme Down Under? New regulations and a growing share of renewables are changing the way the electricity market operates in Australia, opening up a playground for […]
India Calls for Concerted Efforts to Ensure Energy Security in Asia
Dubai: India Wednesday called for concerted efforts across Asia to ensure energy security in the region for sustainable development and poverty eradication by pursuing non-polluting renewable sources such as solar power. Speaking at the 16th Ministerial Meeting of Asia Cooperation Dialogue (ACD) in Doha, Qatar, Minister of State for External Affairs V K Singh urged […]
India ‘Ready’: Climbs To 76th Place On World Economic Forum’s Energy Transition Index; Sweden Tops List
In the second edition of the Energy Transition Index, India improved its rank by two points from last year (2018) to rank at 75, five places higher than China but lower than other developing economies like Brazil and Indonesia. Sweden topped the annual list, followed by Switzerland and Norway. The index, published by World Economic […]
Thailand in need of ‘Energy 4.0’
The transformative potential enabled by the intersection of clean energy technologies and the interconnected digital economy offers an ideal platform for powering “Thailand 4.0.” Adopted by the Thai government in 2016, “Thailand 4.0” is a model for growth that aims to transition Thailand into a high-income country through an economy centered around knowledge, innovation, and […]
Def & security, investments, energy likely to be discussed during S Arabia’s crown prince’s visit
Investments, defence and security including counter-terrorism and renewable energy are the key issues likely to come up for discussions during Saudi Arabia’s Crown Prince Mohammad Bin Salman’s visit to India next week, the Ministry of External Affairs (MEA) said on Thursday. Salman will arrive in India on February 19. Besides holding talks with Prime Minister […]
China’s Big Push for Solar Energy
Emerging markets are frontrunners in solar energy production and consumption. By overtaking the developed countries, emerging economies like China and India have become important players in the solar energy market. 1While China is the largest consumer of coal and the second largest consumer of oil after the United States (US), it has also emerged as the […]