AsiaElec - Asia Power

IPCC: We can halve emissions by 2030 with the help of renewable energy and hydrogen

A substantial reduction in fossil fuel use coupled with electrification through renewable energy can help the world halve emissions by 2030, says a new United Nations report.

Technip to provide floating wind tech for Equinor’s 800-MW offshore project in South Korea

Technip Energies has won a front-end engineering design contact for Equinor’s 800-MW Firefly offshore floating wind project in South Korea.

India’s 175-GW renewables goal by 2022 increasingly doubtful

China’s Envision to supply turbines to 600-MW Monsoon wind project in Laos

China’s Envision Energy has agreed to supply wind turbines to the 600-MW Monsoon Wind Project in Laos after signing a deal with developers with Impact Energy Asia Development.

AsiaElec: Vietnam looks to South Africa, Australia for coal in tight markets

Vietnam is seeking more cargoes of coal from South Africa and Australia for delivery in April and May as domestic production falls and supplies from Asia tighten amid growing prices.

Wind growth needs to quadruple to meet net-zero goals

The global wind industry posted its second-best year ever in 2021, posting 12% growth and adding 93.6 GW of new capacity onshore and offshore, bringing the global fleet to 837 GW.

PTTEP unveils net-zero goal

Thailand’s state-owned PTT Exploration and Production (PTTEP) has joined the ranks of oil and gas companies to adopt a long-term goal of net zero greenhouse gas (GHG) emissions.

Wind and solar growth must accelerate to keep pace with demand for power

Wind and solar accounted for a record 10.3% of global electricity consumption in 2021, after solar generation rose by 23% and wind grew by 14%.