ACT Group’s Post

China's leadership in renewable energy positions it at the forefront of the global green transition. In collaboration with the World Economic Forum, Boston Consulting Group (BCG)’s latest briefing explores how China’s renewable value chain could reshape the future of sustainable energy worldwide. What you need to know: • China manufactures 80% of the world’s solar panels and 65% of wind turbines, driving a green transformation across the energy value chain. • Seven key levers have been identified to achieve a 70% reduction in carbon emissions across the renewable value chain and unlock $2 trillion in global market opportunities by 2030. • The future of renewable energy requires a holistic approach—from green materials to responsible project planning and recycling—emphasizing the need for collaboration among all stakeholders. China’s opportunity to lead in building a sustainable renewable energy value chain is clear, but collective action from businesses, policymakers, and innovators will be crucial. Read the full report here: https://lnkd.in/gt76SVuS #RenewableEnergy #GreenTransition #Sustainability #ClimateAction #NetZero

Asia’s dynamic renewable energy landscape poses challenges and opportunities. How can businesses navigate this complex environment to meet their #sustainability goals and advance the clean #energy transition?   To be held in Singapore from 29 to 30 April 2024, Renewable Energy Marketsᵀᴹ Asia 2024 brings together business leaders from around the world to meet for in-depth conversations, panel discussions, and targeted roundtable meetings focused on exploring the latest information and strategies on the region’s renewable energy efforts.   The conference is organised by Center for Resource Solutions (CRS), an environmental nonprofit that creates policy and market solutions to advance #sustainable energy.   Team #REDEX will be at #remasia2024 to share insights on distributed #solar and the renewable energy certificate ecosystem. We eagerly anticipate hearing from key opinion makers on the trends shaping the renewable energy milieu in Asia. More information about the event at https://lnkd.in/geFfzUT. Stay tuned for updates on what our speakers, Jen Wee KANG and Ti Howe Guai, will share at the event! #REDEX #renewableenergycertificates #renewableenergy #REC #energytransition

🔋 The tide is turning for Battery Energy Storage Systems (BESS) in the APAC region. With Australia leading the charge, APAC's BESS are gaining momentum as they become crucial for grid stability and renewable integration, with evolving policies and commercial models unlocking finance for future mega-projects. 💼 Keen to delve deeper? Join Ross Howard and other industry experts at our APAC Energy & Infrastructure Conference 2024, from 22-25 April in either Tokyo or Singapore! This year's theme is Unveiling the Trends: The Energy Transition in Asia Pacific. This event will explore the investment trends and technologies that will drive the #EnergyTransition in Asia Pacific including #OffshoreWind, gas and other transitional fuels, the pivotal role of energy storage solutions including batteries, #Hydrogen, the potential of carbon capture and storage, the significance of critical minerals, and the impact of digital infrastructure. The conference will provide a roadmap to investment opportunities for #PrivateCapital, paving the way for a sustainable energy future in the region. Register here: https://lnkd.in/ghwsF9n4

RMI’s latest report on the cleantech revolution highlights the incredible pace of change in renewable energy, electrification, and efficiency – and why now is the pivotal moment to act. Here are the key takeaways: • Exponential Growth: By 2030, we’ll see annual installations of 1,000 GW of solar and 6,000 GWh of batteries, with electrification and efficiency gains doubling. • Inevitable Decline of Fossil Fuels: Renewables will dominate, pushing out fossil fuels and leading to significant stranded assets. • Global Impact: The goals of the Paris Agreement are achievable, with the Global South continuing to leapfrog to cleantech solutions. • China’s Leadership: China is leading the way in cleantech deployment, driving exponential growth globally. At PROTOSTAR, we’re committed to catalyzing this shift toward a sustainable, equitable, and cleaner energy future. As the report emphasizes, the direction of change is inevitable, but the speed is up to us. What We Need to Do Now: • Accelerate renewable capacity build-out. • Enhance electrification and efficiency. • Focus on innovative, modular technologies. We’d love to hear your thoughts on the key takeaways from the RMI report. How do you see the cleantech revolution shaping the future of energy? Share your insights, questions, or experiences in the comments below. #EnergyTransition #Sustainability #CleanEnergy #FutureOfEnergy

Investments in clean energy technologies on track to reach $2 trillion in 2024, which is double the amount invested in fossil fuels. The International Energy Agency released its annual World Energy Investment Report for 2024. It highlights the advancing of investments in clean energy technologies but also details the challenges faced especially by emerging and developing economies. https://lnkd.in/dYF58i-H #cleanenergy #renewableenergy #energyinvestment #climatechange

Singapore's energy landscape is evolving rapidly. From maximising solar deployment to importing low-carbon electricity, and using technology to enhance our power grid stability.   Learn how you can play a part in sustainability and explore emerging career opportunities in the clean energy sector. Read the full story on our website to discover the 10 key initiatives shaping our energy future: https://lnkd.in/gpNDk7iV   #EMAsg #EnergySustainability #EnergySector

📢 Announcing the release of Battery Storage Unlocked: Lessons Learned from Emerging Economies, under the Clean Energy Ministerial's #SuperchargingBatteryStorageInitiative. With utility-scale storage gaining traction globally, emerging markets offer unique opportunities to showcase how #BESS can advance renewable energy goals. Featuring seven case studies across Asia, Sub-Saharan Africa, Latin America and the Caribbean, and the Pacific, the report delves into three critical areas: 1) enabling environments, 2) deployment and financing, and 3) operation and value stack. Link: https://lnkd.in/emZrq-jz Co-authors: RMI, Climate Investment Funds, The Global Energy Alliance for People and Planet (GEAPP), International Renewable Energy Agency (IRENA), National Renewable Energy Laboratory, The World Bank with special thanks to #Canada, the #EC, #USA, #Australia and #TheNetherlands Mark Dyson, Justin Locke, Jagabanta Ningthoujam, James Sherwood, Genevieve Lillis, Doug Arent, Jal Desai, Vincenzo Franza, Saurabh Kumar, Umang Maheshwari, Damola Omole, PhD, Edward Borgstein, Lara Johnson

"Agility and adaptability are two of BB Energy’s core strengths. Our purpose is to empower people, communities, and businesses by responsibly trading energy." — Mohamed Bassatne, CEO We are proud to share our 2023 Company Profile, which highlights our renewed ESG strategy and recent achievements. Despite a challenging market environment, BB Energy delivered a strong performance and continued to provide efficient, safe, and reliable access to energy. Our commitment to sustainability and innovation is unwavering. We have invested heavily in renewable energy projects, including a significant solar and battery hybrid system in Mozambique, and are actively expanding our geographic footprint and product range. Explore the full report to learn more about how we're shaping a sustainable future. #BBEnergy #Sustainability #ESG #EnergyTransition #Innovation #CompanyProfile2023 #RenewableEnergy

Impressive move by China Resources Power! 🌱 Their HK$44.6 billion investment into renewable energy is a significant step towards achieving a more sustainable and green future 🌍. With the goal of raising their green revenue share to 47% by 2030, this marks a pivotal moment for the energy sector in China ⚡. While the transition to renewables will come with its challenges, it’s exciting to see such bold steps being taken in alignment with global sustainability goals 🌿. Looking forward to seeing how this strategic shift unfolds! 🚀 #SAPIOINSIGHTS #SustainableEnergy #RenewableEnergy #GreenShift #ChinaResourcesPower #CleanEnergy #FutureOfEnergy #Sustainability #GreenInvestment #EnergyTransition #ClimateAction

Fascinating analysis of progress in the #EnergyTransition