APAC

Global wind installations to reach 934.6 GW by 2030

Global wind installations to reach 934.6 GW by 2030

China's major manufacturers are increasingly concentrating global market share leadership.
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Why 85% expect APAC insurers’ portfolio risk to rise

More than three-quarters said regulatory and compliance requirements needed more time and resources. 
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Asia Pacific's utilities and power sector to remain stable through 2026

High grid investment and storage deployment will help reduce renewable energy curtailment.

Global solar installations to surpass 500 GW AC in 2025 before slowing

Cumulative photovoltaic capacity will still double in five years despite an expected slowdown.

Gas turbine services market to reach $32.1b by 2031

Modernisation of power plants and increasing industrialization drive service demand.

Global offshore decommissioning market projected to hit $12.97b by 2035

Ageing offshore assets and environmental regulations drive market growth and innovation.

Grid infrastructure constraints to become paramount concern in 2026

AI, storage capacity, and grid-forming inverters are top modernisation trends for 2026.

Geothermal heat pump market to expand 7.6% CAGR by 2031.

Market expansion is fueled by rising focus on clean heating and energy security.

Thermal energy storage market projected to hit $1.27t by 2035

Market growth is driven by renewable energy demand, regulations, and grid stability efforts.

Nuclear ships eliminate $68m in annual fuel and carbon costs

Nuclear ships deliver higher speed, cargo capacity, and lower operating costs.

Bifacial solar market projected to reach $31.1b by 2031

Dual-sided solar panels can generate up to 30% more energy than traditional modules.

Human oversight key as AI advances: HSBC

AI tools should be deployed with strong oversight.

How 56% of insurers plan to boost data analytics use

Strengthening scenarios and stress testing contributed to the rise of ALM expenditures.

Why 9 in 10 APAC insurers hold stable outlooks

Non-life insurers are likely to benefit from favourable reinsurance conditions.

Will geopolitical sanctions or new ships shape the tanker market?

Return to Red Sea routes would cause a 2% to 3% demand reduction.