AsiaElec - Asia Power

IFC found to have broken ESG policies with coal investment in Philippines

The IFC has found that it broke its own environmental and social policies by backing coal projects in the Philippines.

Off-grid solar struggles to recover from pandemic

The off-grid solar industry has posted slower than expected recovery from the COVID-19 pandemic in the second half of 2021, although some countries are showing limited growth, while others are showing signs of a healthy recovery.

Renewables set for record growth in 2022, but 2023 is not so rosy

Renewables are again set to break global records in 2022, with 320 GW of new capacity forecast to come online and new solar projects in China and Europe driving growth.

AsiaElec: China moves to invest in long-term coal development

wpd to sell offshore wind business to Global Infrastructure Partners

US-based investor Global Infrastructure Partners (GIP) will purchase 100% of wpd offshore GmbH, the offshore wind business of Germany’s wpd. The German company also says it will double its onshore wind and solar operations by 2045.

ION Energy says visit to Mongolia lithium sites reinforces view of assets' potential

Pakistan, Bangladesh cope with severe heat and fuel shortages

Vietnam’s Sovico partners with JERA for LNG supply opportunities