The global offshore wind industry installed 6.1GW of capacity in 2020, down slightly from a record 6.24GW in 2019, although GWEC expects a new record year in 2021, as China’s offshore wind sector rushes to install 7.5GW ahead of the expiry of current feed in tariffs (FITs).

According to the National Steering Committee for Electricity Development, Vietnam’s wind capacity will reach 6 GW in 2025 and 10 GW in 2030 and solar capacity will grow to 14.4 GW in 2025 and 20 GW in 2030.

The World Bank has awarded a US$380m loan to build the 1,040 MW Upper Cisokan pumped-storage hydropower plant, to be located between Jakarta and Bandung in Indonesia.

China has unveiled a plan to expand its pumped-storage hydropower capacity to 62 GW in 2025 and 120 GW in 2030.

Taiwan has a target to instal an additional 9 GW of offshore wind by 2031, and 15 GW by 2035.

"With the recovery in the overall demand, refining and other related operational parameters have demonstrated an even more pronounced turnaround compared to the previous year," said Shrikant Madhav Vaidya, chairman of state-run Indian Oil Corp. the country's biggest refiner.

Coal from Australia remains unavailable for China after an unofficial ban in the fourth quarter of 2020, while another major supplier Mongolia is facing issues as renewed concerns over COVID-19 impacts transportation.

Petronas is pushing for the increased use of natural gas as a cleaner source of fuel while building capabilities in renewable energy for the security and sustainability of its supply,

In March 2021, the Philippine Department of Energy also issued a notice-to-proceed for Shell’s 3 Mt/year LNG import project in Tabangao, Batangas.

«Мы заинтересованы в реализации текущих и перспективных совместных проектов, привлечении индийских инвестиций в российский нефтегазовый сектор и развитии сбытовой сети с участием российских компаний в Индии. Видим перспективы сотрудничества во всех сферах ТЭК», — сообщил Николай Шульгинов.

As part of today’s Eastern Economic Forum, PAO NOVATEK (“NOVATEK” and/or the “Company”) and the Japan Bank for International Cooperation (JBIC) signed a Strategic Cooperation Agreement (“Agreement”) on low-carbon projects.

The Solar Energy Corporation of India (SECI) has awarded 1,200 MW of wind projects as part of the Tranche XI auction for 1,200 MW of interstate transmission system (ISTS)-connected wind power projects in India

India’s electricity capacity amounts to 412 GW (end of 2020), with the following capacity mix: 68% thermal (57% coal, 7% gas, 3% biomass, 1% oil), 12% hydro, 9% wind and solar each, and 1.6% nuclear.

“Sinopec will expand forcefully into making hydrogen from renewable energy, and zero in on hydrogen for transportation fuel and using green hydrogen for refining,” acting Chairman Ma Yongsheng said.

IOC is investing 1 trillion Indian rupees ($13.49 billion) to raise its refining capacity by 25 million tonnes a year in next 2-5 year,