Cleantech Solar and ING ink ‘Asia Pacific’s largest green loan’

The firm will use the $75 million funding to build more than 500MW of commercial and industrial rooftop solar power projects

Total Solar DG to expand Asian Pacific rooftop solar portfolio by 60MW in 2020

The company has installed nearly 8MW of roof-mounted solar systems across the region so far in 2020

IRENA and UN Commission to step up Asia-Pacific’s efforts to combat Covid-19 crisis

The organisations recommend enhancing green investments in the region in a bid to strengthen health systems and support pandemic-hit economies

Plans for new Asia-Pacific Offshore Wind Academy in Singapore

The Academy will provide educational services for the offshore wind industry in the region

Mitsubishi snaps up 20% stake in OVO Energy

The supplier will use part of the investment to accelerate the development of its intelligent energy technologies unit

New centre to scale up climate finance in the Asia-Pacific

It will be located in Shanghai Lujiazui Financial City, which will work with other cities in the region to promote the development of sustainable and green finance

Governments commit to ‘clean and green’ Asia-Pacific

Environment ministers and high-level officials from more than 30 countries in Asia-Pacific have committed to move towards a resource efficient and pollution free region. They made the pledge at the first Asia-Pacific Ministerial Summit on the Environment in Bangkok last week. They highlighted the urgency of addressing environmental health risks associated with pollution and promoting […]

Global gas turbine market forecast to fall

The global gas turbine market is forecast to fall by 2021. That would be from $8.49 billion (£6.6bn) in 2016 to around $7.73 billion (£6bn) in the next four years, according to research and consulting firm GlobalData. It states global economic recession and the decrease in the price of gas turbines have “heavily impacted” market […]

Solar street lighting market ‘to reach $17.8bn by 2024’

The solar street lighting market is forecast to grow to $17.78 billion (£12bn) by 2024. That’s an increase from $2.72 billion (£1.8bn) last year, a new report suggests. It claims Asia Pacific was the largest market for solar street lighting globally, accounting for a 44% share in 2015. India was the leader “in terms of […]

Asia-Pacific’s smart grid market ‘to earn $13bn’

Asia-Pacific’s smart grid market could see revenues of $13.9 billion (£9.1bn) by 2019. That’s because countries are seeking new ways to meet electricity demand, stated a new report from Frost & Sullivan. It added the market earned $7.6 billion (£5.01bn) in 2014 and will keep growing. South Korea and Japan will remain the hotspots for smart grid investments. Japan’s […]