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
- Toyota Ultra-Compact/Concept-i Ride – EV/self-driving EV, 2017
- Toyota to offer rides in Level-4 self-driving vehicles on Japan’s public roads in summer 2020
- Nissan Ariya – electric car
- Lexus LF-30 Electrified – self-driving electric car
- Toyota LQ/Concept-i – self-driving EV, 2020
- Enel Russia: No decision to ban foreigners from renewables in Russia, no risks either
- Rosseti to create network of almost 800 charging stations for electric vehicles in Russia
- Toyota Mirai – fuel cell car, 2014
- Miyagi Osato Solar Park – solar power plant (PV) – 52 MW, Japan, 2021
- Chinese company to build 1.5 GW wind complex in Uzbekistan
Organizations operating in Asia
Companies operating in Asia
- Actis
- ACWA Power
- BAIC Group / Beijing Auto
- Baidu
- Beiqi Foton Motor
- CATL
- China Power International Development (China Power)
- Comprehensive Energy Solutions
- Didi Chuxing
- Enel Green Power
- Ford Motor
- Future Mobility Corporation (FMC) / Byton
- Goldwind Global
- Honda
- Hyundai Group
- Kamaz
- Korea Electric Power Corporation — KEPCO
- LeEco
- Lexus
- NEC
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
- Kochubeyevskaya – onshore wind farm – 210 MW, Russia
- Maiminskaya — solar power plant (PV) — 25 MW, Russia, 2019
- Miyagi Osato Solar Park – solar power plant (PV) – 52 MW, Japan, 2021
- Miyako Solar Park – solar power plant (PV) – 25 MW, Japan, 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
