Chin-Tuan Boo’s Post

Exciting news from Wood Mackenzie's recently published report: Asia-Pacific is poised to become a global leader in clean energy by 2050! With a surge in electric vehicle adoption and renewables, the region holds 50% of new low-emissions tech opportunities. Long-duration energy storage (#ldes), including vanadium redox flow batteries, play a pivotal role in this transition, ensuring reliable power supply even when renewable sources are limited, or demand is high. By storing excess energy generated from renewables like solar and wind, LDES systems contribute to grid stability and support the broader adoption of clean energy. China and Australia shine, exceeding targets in solar, wind, and EVs. But to reach net-zero emissions, various policy support is required, including carbon capture and energy storage regulations. Despite challenges, APAC's commitment to sustainability shines bright. VFlowTech is committed to championing the clean energy revolution. Are you committed too? Let's champion this clean energy revolution together! 💡 Read more: https://lnkd.in/ggwj2kg9. #VFlowTech #cleanenergy #greenengineering #renewableenergy #sustainability #energytransition #ldes

Global renewable energy capacity has experienced its largest ever growth, according to the International Energy Agency (IAE). The increase is "unprecedented," says the intergovernmental organization. Experts agree that 2023 was a turning point for the global energy landscape, as renewable sources like solar and wind, along with innovative technologies, continue to shape a more sustainable future. Read more about this watershed moment in the link below. #renewableenergy #sustainability #globalenergylandscape

The global renewable energy sector is growing at a breakneck pace as world leaders invest record amounts in expanding clean energy technologies and infrastructure. The International Energy Agency (IEA) projects that energy investment around the world will exceed USD 3 trillion for the first time in 2024. A significant portion of this money is going toward solar photovoltaics, for which investments have eclipsed all other generation technologies combined. While this explosive growth in renewable energy production capacity is great news for the climate, it could spell short-term trouble for global energy security if mismanaged. Solar and wind energy are variable, meaning that their production levels fluctuate according to the weather, time of day, and the seasons. The inconsistency of production places a significant strain on electric grids designed for a steady and easily manipulated supply of fossil fuels, and has created newfound issues with energy markets.  #cleanenergy #sustainability #investment #renewableenergy #infrastructure #humanity #actnow #climateactions https://lnkd.in/gEk8YzsW

For the first time ever, renewable energy made up 30% of the world's electricity last year. This milestone is thanks to the rise in wind and solar power and the shift away from fossil fuels. Clean electricity has significantly slowed the growth of fossil fuels over the past decade. This article has more details: https://bit.ly/3Rf3gbk How will clean energy will impact our daily lives? #RenewableEnergy #CleanEnergy #Construction #Velocity

🌱 The integration of renewables and smart storage is crucial for sustainable energy systems. Learn how these advancements are shaping our future in this insightful article: https://lnkd.in/dbGk9U9P #GreenEnergy #SmartGrid #EnergyTransition

New Era of Renewable Energy: The renewable energy sector has reached a pivotal milestone, showcasing an unprecedented growth trajectory. According to the International Energy Agency (IEA), renewable capacity surged by 50% last year, reaching 510 gigawatts (GW) in 2023. This marks the 22nd consecutive year of record-setting growth in renewable energy additions. 📈 Solar Power Leading the Charge: Dominant Solar Growth: Solar power emerges as the hero, accounting for a staggering three-quarters of the new capacity. This growth signifies a major shift towards cleaner energy sources. China's Solar Boom: China, despite subsidy cuts in 2020 and 2021, has played a pivotal role in this expansion. The nation installed more solar power last year than the entire global capacity added the previous year. 🌍 Global Energy Landscape Transformation: Outpacing Coal: The surge in renewables across Europe, the US, and Brazil is set to propel renewable energy past coal as the largest electricity source globally by early 2025. Forecast for 2028: The IEA projects that by 2028, renewable sources will contribute to over 42% of global electricity generation. 💡 Implications and the Path Forward: A Shift in Energy Dynamics: This rapid growth in renewables, particularly solar, indicates a significant transformation in global energy dynamics. Tackling Climate Change: The shift towards renewables is a critical step in global efforts to mitigate climate change and reduce carbon emissions. Policy and Investment: Continued policy support and investment in renewable technologies are essential to sustain and accelerate this growth trend. 🌿 As we witness this historic rise in renewable energy, it's clear that we are transitioning towards a more sustainable and cleaner energy future. What to know more?:- https://lnkd.in/em4x9fZB What do you think? #RenewableEnergy #SolarPower #IEA #CleanEnergy #Sustainability #ClimateAction #EnergyTransition #GlobalElectricity #GreenEnergy #Renewables #EnergyPolicy #SolarGrowth #EnvironmentalImpact

The renewable energy sector is experiencing unprecedented growth, but can we maintain a 16.4% annual increase to meet global targets by 2030? Discover the challenges, innovations, and key strategies driving this surge in our latest article. From advancements in solar and wind technologies to the importance of policy support and international cooperation, we delve into the roadmap for a sustainable energy future. #EnergyConnects #energynews #energyindustry #news #oott #renewableenergy

Battery energy storage systems (BESS) are revolutionising our energy landscape. In an era where renewable energy sources like solar and wind are becoming the norm, BESS ensure reliability and efficiency. They store excess energy when production is high and release it when demand peaks, balancing the grid and reducing the need for fossil fuel-based backup. I recently came across this article about the emerging BESS market in Scotland. With their abundant renewable energy sources, this is an excellent move forward! https://lnkd.in/e_dfZa_r Investing in BESS isn't just about sustainability; it's a strategic move towards a more stable and greener future. #energystorage #renewableenergy #innovation

A year of fantastic growth in the Renewable Energy Sector, seeing growth across Solar, Wind, and Battery Technology! These technologies continue to prove the most efficient and, in many cases, the most cost effective solutions for individuals and corporations alike. Here's to another year of record growth and a concerted push for a sustainable future. I can't wait to see what new developments this year will bring! #SATIGO #NINE #greenenergy #renewableenergy #solarenergy #windenergy #batteryenergystorage #bess #sustainability #2023year #2024vision

What goals are you setting this year? 2024 is all about achieve the goals we set for ourselves and the Solar Industry is doing just that! We are on the way to increasing renewable capacity two-and--a-half times by 2030! #solarenergy #goalsetting #renewableenergy