Renewable energy

It is on course to raise up to 24.5 billion yuan if an overallotment option is fully used

The authorities aim for renewables to supply 80% of the sector’s power consumption by 2030, from 11% in 2023

This week in ESG: Region’s energy import bill could more than double by 2050, International Energy Agency says; CSE Global lead independent director resigns after dispute with chair

Clean-energy firm GoRental’s battery systems offer a cheaper, quieter alternative to diesel-powered generators

But coal is growing more dominant, accounting for nearly half of power generation in 2024

This week in ESG: Swiss bank sheds four of seven Asia sustainability team staff; Zurich Insurance finds 75 per cent of assets at high risk of severe climate impact by 2030

Upfront investment of about US$13 billion to make these assets more climate-resilient can help avoid US$82 billion in losses

Climate competency is increasingly tied to revenue, investor confidence and long-term shareholder value

With a skilled and supported workforce, the region’s clean energy future will leave no one behind