Recently, Sineng Electric welcomed a senior delegation from China Energy International Group Co., Ltd., a subsidiary of CEEC (China Energy Engineering Group Co., Ltd), led by Deputy Party Secretary and General Manager Qiao Xubin. The delegation toured the company’s Green Energy Exhibition Hall and intelligent manufacturing lines, followed by a strategic dialogue with Sineng Chairman […]
Harnessing Digitalisation to Accelerate the Global Energy Transition – EQ
In Short : Digitalisation is emerging as a key enabler of the global energy transition, allowing utilities and industries to operate more efficiently and sustainably. Advanced technologies such as smart grids, AI, IoT, and data analytics optimize energy generation, distribution, and consumption. By integrating digital solutions, countries can accelerate decarbonization, enhance grid reliability, and support […]
Global Energy Storage Surges in 2025, Powering the Clean Transition – EQ
In Short : Energy storage installations are projected to reach record levels in 2025, fueled by rising demand for renewable integration and grid stability. Falling battery prices, policy support, and increased private investment are accelerating deployment globally. Nations like India, China, and the U.S. are leading the charge, making storage a key pillar in the […]
The evolving role of export credit agencies in global energy finance – EQ
In Short : Export credit agencies (ECAs) are playing a growing role in financing the global energy transition. With a shift from fossil fuels to renewables, agencies like UKEF and Euler Hermes are backing cleaner projects. International efforts such as the OECD coal ban and Net-Zero ECA Alliance highlight this transformation, aligning export finance with […]
Global energy investment set to rise to $3.3 trillion in 2025 amid economic uncertainty and energy security concerns – EQ
In Short : Global energy investment is set to reach a record $3.3 trillion in 2025, with $2.2 trillion flowing into clean energy, double the amount for fossil fuels, according to the IEA. Solar will lead with $450 billion, while battery storage hits $66 billion. Despite this growth, grid investment and efficiency spending must rise […]
Solar Power Overtakes Nuclear as Global Energy Shifts Toward a Brighter Future -EQ
In Short : In April 2025, solar power surpassed nuclear energy for the first time, contributing 10% to global electricity generation. This milestone reflects a 34% year-on-year growth in solar output, driven by rapid capacity expansion, especially in China. Solar is now the fourth-largest power source globally, signaling its rising dominance and the urgent need […]
IRENA-The Success of Global Energy Transitions Starts with Early-Stage Project Financing – EQ
In Short : The success of global energy transitions hinges on robust early-stage project financing. Investing in innovative, sustainable energy projects from the outset accelerates development, reduces financial risks, and fosters long-term viability. Governments, private investors, and financial institutions must collaborate to secure funding, enabling the shift to cleaner energy systems and supporting the global […]
IEA-Growth in global energy demand surged in 2024 to almost twice its recent average – EQ
In Short : Global energy demand surged in 2024, growing nearly twice the recent average. Driven by economic recovery, industrial growth, extreme weather, and rising AI-driven power needs, demand spiked across fossil fuels and electricity. China, India, and data centers led the surge. The imbalance strained supply chains, increased prices, and raised carbon emissions, challenging […]
IEA-Growth in global energy demand surged in 2024 to almost twice its recent average – EQ
In Short : Global energy demand witnessed a sharp surge in 2024, growing nearly twice the recent average, driven by economic recovery, industrial expansion, and extreme weather events. Increased consumption of electricity, oil, and gas intensified supply challenges, highlighting the urgent need for accelerated renewable energy deployment and energy efficiency measures to balance rising demand […]
Strategic Financial Reforms and Investments Pave the Way for Global Energy Transition – EQ
In Short : Experts at India Energy Week 2025 emphasized financial reforms and investment alignment as key to a successful energy transition. They highlighted the need for increased funding, de-risking instruments, and blended finance to attract capital for clean energy projects. Global strategies, including the EU’s green investment approach, were discussed to drive sustainable economic […]