Asia is the biggest continent both in terms of territory and population. There are a lot of fast-growing emerging economies there so the need for electricity surges rapidly as well.
Asia’s renewables market outlook
According to a long-term energy market outlook (New Energy Outlook 2016) made by Bloomberg New Energy Finance (BNEF) and an outlook till 2035 by the ASEAN Center for Energy, South and South-East Asia will become the source of major carbon emissions on the planet in the next 25 years. This is going to be a result of their turn to coal and natural gas which are widely available in the region. Experts believe South-East Asia will show the biggest rate of investments in hydrocarbon energy sources in the next decades while China and other regions cut the use of fossil fuel and switch to renewables.
Asian states and unions of states
Asia's latest energy market news
- Hyundai Motor may start sales of Kona electric car in Russia
- Voith subsidiary VolgaHydro inaugurates new production plant for hydropower turbines
- BNEF: New Energy Outlook (NEO) 2019
- Nura — solar power plant (PV) — 100 MW, Kazakhstan, 2020
- Source: Enel Russia wins auction to build 71 MW wind power units
- Gazprom Neft to build solar power plants at oil refineries
- Sechin says most efficient solar power 3-4 times more expensive than Russia-made power
- Grigoryevskaya — solar power plant (PV) — 10 MW, Russia, 2019
- BNEF: PM Modi to keep on developing India’s renewable energy market in new term
- Ininskaya — solar power plant (PV) — 10 MW, Russia, 2019
Organizations operating in Asia
Companies operating in Asia
- Actis
- ACWA Power
- Baidu
- Ford Motor
- Goldwind Global
- Honda
- Hyundai Group
- Kamaz
- Korea Electric Power Corporation — KEPCO
- LeEco
- Nissan
- Rostec
- RusHydro
- Solar Energy Holding (GK Energia Solntsa)
- Toyota
- Vershina Development
- Zotye Auto
Projects implemented or planned in Asia
- Astrakhan region — solar power plants (PV) — 90 MW, Russia, 2017
- Buribayevskaya — solar power plants (PV) — 10 MW, Russia, 2015
- Chkalovskaya — solar power plant (PV) — 30 MW, Russia, 2019
- Grigoryevskaya — solar power plant (PV) — 10 MW, Russia, 2019
- Ininskaya — solar power plant (PV) — 10 MW, Russia, 2019
- Maiminskaya — solar power plant (PV) — 25 MW, Russia, 2019
- Nura — solar power plant (PV) — 100 MW, Kazakhstan, 2020
- Xuzhou — solar power plant (PV) — 20 MW, China
