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
- Nizhne-Bureiskaya – hydropower plant, 320 MW, 2019 + solar (PV) power plant, 1.3 MW, 2019 – Russia
- UNEP: Renewable energy quadruples globally to 1,650 GW in 2010s
- Russia to develop hydrogen energy program
- BNEF: Global clean energy investment falls in H1 2019
- RusHydro, Enel open first chain of EV charging stations in Far East
- China’s Didi Chuxing launches self-driving taxi service in Shanghai
- ST Engineering launches public autonomous shuttle trials in Singapore
- Chinese company to build 500 MW of renewable facilities in Bangladesh
- Russian Helicopters, Yandex.Taxi to create air taxi system
- Floating solar projects multiply around globe
Organizations operating in Asia
Companies operating in Asia
- Actis
- ACWA Power
- Baidu
- CATL
- Didi Chuxing
- Ford Motor
- Goldwind Global
- Honda
- Hyundai Group
- Kamaz
- Korea Electric Power Corporation — KEPCO
- LeEco
- NEC
- Nissan
- Rostec
- RusHydro
- Solar Energy Holding (GK Energia Solntsa)
- ST Engineering
- Sungrow
- Toyota
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
- Choshi — offshore wind farm — Japan
- Floating solar projects multiply around globe
- Greater Changhua — offshore wind farm — 900 MW, Taiwan
- 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
- Nizhne-Bureiskaya – hydropower plant, 320 MW, 2019 + solar (PV) power plant, 1.3 MW, 2019 – Russia
- Nura — solar power plant (PV) — 100 MW, Kazakhstan, 2020
- Xuzhou — solar power plant (PV) — 20 MW, China
