AsiaElec - Asia Power
261 GW of new renewable power generating capacity was added globally in 2020, beating the previous record annual increase by almost 50%.
India’s Azure Power is to sell its non-core solar rooftop portfolio to renewable energy supplier Radiance Renewables in a deal worth IN$5.4bn ($73.5mn)
Mumbai-based solar panel glass manufacturer Borosil Renewables says it plans to invest INR5bn ($68.2mn) to double production to 900 tonnes per day.
The Russian Economic Development Ministry and the authorities in Sakhalin region have proposed fines of RUB150-2,000 ($2-25) per tonne for companies that exceed proposed new GHG emissions quotas.
China’s continued expansion of its coal-fired generating sector is slowing down the rest of the world’s retreat from fossil fuels, according to new research.
The focus of the administration of US President Joe Biden on renewable energy can help America catch up with China’s dominance in the sector. This is according to Biden’s Energy Secretary Jennifer Granholm in a recent national TV interview.
Between 2000 and 2018, Chinese lending to Africa has been consistently above $10bn per year between 2012 and 2017, with a peak of $30mn in 2016, with infrastructure being the dominant sector.
The Australian Energy Market Operator (AEMO) has said an anticipated shortfall in natural gas supplies can be delayed as long the country begins importing liquefied natural gas (LNG) by the end of 2023.