AsiaElec - Asia Power
Oil price crash raises questions for energy transition
The global oil and gas industry’s enthusiasm for the energy transition could be in doubt as the world reacts to the collapse of the oil price and the spread of the coronavirus.
3% decline in coal generation not enough to meet Paris targets
China’s coal expansion has cancelled out the fuel’s decline in Europe and the US. China must also reduce its exposure to coal if the Paris targets are to be met
China’s solar plans for Uganda
Uganda cannot let Chinese investment in renewables leave it exposed to unsustainable debt, stranded assets and high tariffs
South Korea to close power plants in March
South Korea has confirmed it is to close down temporarily up to 28 of the country’s oldest coal-fired power plants in March
KEPCO inserts fuel rods at UAE’s Barakah NPP
South Korea's KEPCO has inserted the first fuel rods into the first reactor at the UAE’s Barakah NPP
Asia overtakes Europe for offshore wind FIDs
Total investment in the Asia-Pacific (APAC) offshore wind sector surpassed Europe for the first time in 2019.
AIIB to lend $200mn to upgrade grid in Bangladesh’
The Asian Infrastructure Investment Bank (AIIB) has confirmed it is to lend $200mn to Bangladesh to increase access to power in Dhaka.
Vena Energy issues Asia’s first green bond
Singapore IPP Vena Energy has issued a $325mn green bond in a bid to raise cash to help fund its 9-GW portfolio of renewable projects under development across Asia.
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