Asia

ADB and IEA Discuss Scaling up Collaboration in Energy Segment

ADB President Masatsugu Asakawa and Executive Director of IEA Fatih Birol recently discussed scaling up collaboration and renewing the MOU between the two organizations. Asian Development Bank (ADB) President Masatsugu Asakawa and Executive Director of the International Energy Agency (IEA) Fatih Birol recently held a video conference meeting to discuss scaling up collaboration and renewing […]

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The Renewable Energy Transition is Finally Coming to Asia: IEEFA

Despite the current economic shutdown due to the COVID-19 pandemic, the global renewable energy transition is well underway and it is coming to Asia Despite the current global economic shutdown due to the COVID-19 pandemic, the global renewable energy transition is well underway and it is coming to Asia according to the latest study by […]

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Could Renewables Displace Conventional Fuels in Asia in 2020s?

In a new report, Wood Mackenzie highlights trends that will shape Asia Pacific’s power and renewables markets this decade, and what it holds over the next In a new report, Wood Mackenzie highlights trends that will shape Asia Pacific’s power and renewables markets this decade. Asia Pacific’s wind and solar installed base produced an estimated […]

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Asia Could Become the Dominant Market for Wind Energy: IRENA

Asia could grow its share of installed capacity for onshore wind from 230 GW in 2018 to over 2600 GW by 2050, becoming the global leader in the segment Asia could grow its share of installed capacity for onshore wind from 230 Gigawatt (GW) in 2018 to over 2600 GW by 2050, a new report […]

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Mitsubishi Invests in BBOXX to Bring Off-Grid Solar Energy to Africa and Asia

Mitsubishi Corporation has announced its decision to invest in BBOXX Limited, a next-generation utility providing off-grid energy solutions in Africa & Asia Japanese multinational conglomerate, Mitsubishi Corporation (MC) has announced its decision to invest in UK-based BBOXX Limited, a next generation utility providing off-grid energy solutions in Africa and Asia. Since its establishment in 2010, […]

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Success or Failure of Climate Change Battle Hinged on Developments in Asia: UN

The battle to combat climate change will be a “success or failure” based on the developments in Asia, where growing energy needs are increasing demand for fossil fuels The battle to combat climate change will “succeed or fail” based on what happens in Asia, where growing energy needs are increasing demand for fossil fuels, UN officials said.  […]

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ADB Grants $30 Million Loan for 100 MW Solar Project in Kazakhstan

ADB has granted a $30 million loan to M-KAT Green LLP to build and operate a 100 MW solar plant to boost the share of renewables in Kazakhstan’s energy mix. The Asian Development Bank (ADB) has signed an agreement for a $30.5 million loan in tenge equivalent to M-KAT Green LLP—a special purpose vehicle created […]

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ADB, USAID Partner to Expand Asia-Pacific’s Sustainable Energy Market

USAID has launched a partnership with ADB to accelerate the transition to a more sustainable, secure, and energy sector in Asia and the Pacific. The United States Agency for International Development (USAID) has launched a partnership with the Asian Development Bank (ADB) to accelerate the transition to a more sustainable, secure, and market-driven energy sector […]

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Siemens Gamesa Receives 1st Offshore Wind Supplier Nomination in Japan

Siemens Gamesa Renewable Energy recently received its first preferred supplier nomination for an offshore wind project in Japan Siemens Gamesa Renewable Energy recently received its first preferred supplier nomination for an offshore wind project in Japan. The agreement with customer Obayashi Corporation currently includes using SG 8.0-167 DD offshore wind turbines for the Northern Akita Offshore Wind Farm project, and a long-term service agreement. All deliveries are subject to Obayashi Corporation’s final investment decision. […]

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