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As Malaysia moves to retire coal power by 2044, the country has an opportunity to turn retiring coal sites into clean energy hubs and accelerate the deployment of solar, storage and other renewable technologies.
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Philippines eyes nonstop carbon free power but US$165 billion investment gap stands in the way: GRA
A wide investment shortfall and weak archipelagic grids hinder efforts to deliver nonstop carbon-free power, particularly for data centres and other industries that need round-the-clock clean electricity, said nonprofit Global Renewables Alliance.
The United States-led partnership, that aims to position the country as a strategic hub for critical minerals, must embed climate justice, gender equity and community participation from the outset to ensure a just energy transition, warn women advocates.
The temporary suspension of activities leading up to the country’s first offshore wind auction is an extra move to make the market more investable, according to the Global Wind Energy Council and the Wind Energy Developers Association of the Philippines, amid concerns over high capital risks.
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Philippines eyes nonstop carbon free power but US$165 billion investment gap stands in the way: GRA
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Partnerships with China, not protectionism, will determine affordable, interoperable and equitable global decarbonisation and energy security.
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