More than 150 million people are gaining access to electricity every year, reducing the ranks of those who live without power, but this is not enough to meet global development goals. Furthermore, efforts to cut pollution from cooking food and promote renewable power for heat and transportation are likewise far behind the goals that world nations set in 2015.
Solar energy is the future of power sector, the Renewable Energy Association of the Philippines said. Installation of solar rooftops is seen as a long-term cheap alternative energy source, comprising one-third of the all solar energy fixtures in the Philippines by 2030 from increasing popularity.
Renewable energy may be one of the government’s new top sources of investment, but industry players have complained it is difficult to develop clean power projects in the Philippines largely due to bureaucratic red tape.
Regulatory support for a smart grid should be the next government's top priority for renewable energy policy, as finding funding sources for environmentally friendly projects is becoming easier in Thailand, said B.Grimm Power's president at "Renewable Energy Investing in Asia and the Pacific" at ADB’s 52nd annual meeting in Fiji last week.
With thousands of hydropower dams planned across the globe, a new report from WWF and The Nature Conservancy demonstrates how the renewable energy revolution can solve the world’s climate and energy challenge without sacrificing its remaining free-flowing rivers and the diverse benefits they provide to people and nature.
EGAT is planning to renovate existing power plants as well as make preparations to support electricity generation from renewable energy. EGAT’s Governor said that his company will continue to develop the country’s energy security in keeping with consumers’ changing demands and the global push towards more renewable energy sources.
The first image that usually springs to mind when someone mentions any Southeast Asian capital is congested roads filled with honking cars and motorcycles. Since most vehicles in the region run on gasoline or diesel, they contribute significantly to the worsening air pollution in Southeast Asia’s cities...electric vehicles could however change all that.
Wind and solar power are poised for a significant rise in Vietnam and will hit 19.9 GW by 2030, according to a new report. The study predicts a compound annual growth rate of 22.4 per cent for currently untapped non-hydropower renewables in the country, which it attributes to a change in government policies.