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The world's fastest growing major economy has prioritised coal to address a surge in power demand in recent years, underscoring the challenges it faces in weaning its economy off carbon
Modi government has asked power companies to order $33 billion worth of equipment this year to ramp up more coal power for the rest of this decade
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.9% to its highest since April 2022, while the Nikkei was close to its peak, the Topix hit all-time highs, and the Hang Seng rose for a fourth straight day
BYD opened an electric vehicle factory in Rayong on Thailand's eastern seaboard on Thursday, as China's grip on the local car sector ramps up
India has suffered water shortages for decades, but crises are now more frequent as summers get hotter, disrupting agriculture and industry and risking social unrest
Many Chinese battery-makers have invested in the African nation recently as JVs with local firms in countries with trade deals with the US may get tax credits
South Korea's Hyundai Motor and LG Energy Solution opened the first EV battery plant in Indonesia on Wednesday. It is part of a $9.8bn plan to set up an EV supply chain in SE Asia's biggest economy
The EU is set to confirm provisional tariffs on Chinese EVs on Thursday, but many states are yet to decide on whether tariffs or a negotiated solution is the better outcome
Top Chinese carmaker has enjoyed steady growth at home, selling 426,039 EVs in the second quarter, based on monthly totals
Break-neck expansion in China’s renewable energy capacity has led to more power generation than the country’s grids can handle — something recent data affirmed
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Energy: The Big Picture
India’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.
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Transport InsightsAnglo-American Puts World’s Biggest Hydrogen Truck to WorkMining giant Anglo-American has unveiled a prototype of what it says is the world’s largest hydrogen-powered mining truck
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Energy InsightsWhat is China’s Tokamak Fusion Reactor?The goal of the Experimental Advanced Superconducting Tokamak project is to unlock the secret to clean and limitless energy on earth, with minimal waste products
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Energy InsightsDoes US Warning to India Point to More Russian Oil Restrictions?The US state department says it is aware of talks between Russia and India concerning the purchase of oil. It has no objection to India buying Russian oil, provided it buys at discount
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Market InsightsKazakhstan Unrest Poses Risks for World EconomyHundreds of people have died and thousands have been detained in Kazakhstan during the worst violence seen in the Central Asian nation since it became independent in the early 1990s. The unrest in Kazakhstan poses risks for energy markets, and even cryptocurrencies.
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