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China opens largest green hydrogen project at 150 MW
China’s Ningxia Baofeng Energy Group has switched on the world’s largest green hydrogen project, a 150-MW alkaline electrolyser that is powered by a 100-MW solar farm.
India to invest $2.6bn in solar capacity to reduce exposure to China
India has revealed ambitious plans to invest $2.6bn in supporting domestic manufacturers of solar modules in a bid to cut imports from China.
AsiaElec:JERA to move into Japanese solar with 1-GW plan
Japan's biggest power generator JERA is to spend JPY160bn ($1.4bn) to develop 1 GW of solar capacity in Japan over the next five years by joining with local energy developer West Holdings Corp.
BNEF: global investment in energy transition reached $755bn
Taiwan’s Ming Rong Yuan NE to invest $100mn in offshore facilities base
Taiwan’s Ming Rong Yuan NE is to invest NT$3bn ($108.3mn) in building a research, production and storage base for underwater jacket foundations and renewable energy facilities at the Port of Kaohsiung.
Tamil Nadu power plants at risk because of coal shortages
Three coal-fired power plants in the Indian state of Tamil Nadu are unable to go online because of government caps on coal mining output.
Meeting 1.5 °C could cost $75 trillion by 2050
Limiting global warming to 1.5 °C could cost reduce global GDP by 2%, or $75 trillion, by 2050 as spending must increase to accelerate the energy transition.
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