The Department of Energy will require clean energy plants generating at least 10 megawatts to integrate energy storage systems for grid stability. But the move could result in more expensive and fragmented storage units, warns industry association.
Studio EB
The Philippine bank is the biggest lender to the US$2.64 billion MTerra Solar project, which aims to provide clean energy to about 2.4 million local households.
Singapore's sovereign wealth fund says the odds of “delayed disorderly transition” and “too little too late” scenarios have risen amid current economic and geopolitical headwinds. State investor peer Temasek is also reviewing its baseline climate scenario.
The ex-chief investment officer for Asia at Morgan Stanley Investment Management will head up the new office tasked with deploying up to US$500 million from the Singapore government towards clean energy infrastructure in the region.
As global risks rise, India and Nigeria show how energy security and growth depend on integrated, resilient, homegrown, digital, and scalable systems.
Oleh
Abba Aliyu
dan Manoj Sinha, Woochong Um
India’s clean energy transition is often portrayed as prohibitively expensive. But a new study finds that actual financing needs are far more modest and concentrated in just four sectors, including steel and cement.
Oleh
Rakesh Mohan dan
Janak Raj
Leaders from all quarters must collaborate to remove the barriers to affordable clean energy, such as insufficient and expensive battery energy storage systems. Doing so could ignite demand, stimulate innovation and trigger a market transformation.
Oleh
Ravi Venkatesan
Studio EB
Battery technology could reshape the global energy sector, and this year's #Innovate4Climate summit in Singapore will focus on the cutting-edge innovation that could change the energy landscape.
Yolk Station, a South Korean solar energy company, has installed a renewable energy solution in a remote Kenyan town that can also tackle the problem of child labour.
Climate change is not all doom and gloom, it's a business opportunity. Young aspiring entrepreneurs are growing profitable businesses that are helping to make the planet a more habitable place.
Panasonic will film live the total solar eclipse happening on March 9 and air the event from Ternate, Indonesia using power from the sun stored in its portable energy storage system.
Studio EB
[The EB Podcast] In the third episode of the series Tomorrow’s cities: Engineering the energy transition, we explore how the shipping industry is charting a course to a low-carbon future.
Studio EB
The once abundant peat forests of Indonesia's Kampar peninsula have been deforested to half its size over the last two decades. Is there hope in saving the country's largest remaining forest reserve?