China Accounts for Half of the World's Clean Industrial Projects (MPP)
According to Mission Possible Partnership (MPP), an organization focused on industrial decarbonization, China has attracted $45 billion in investments in low-carbon industries. The country accounts for 49% of all low-carbon industrial facilities worldwide.
Over the past 12 months, final investment decisions have been made on 36 projects globally, 23 of which are being implemented in China. The total number of projects that have secured financing or are under implementation has reached 189, including 93 in China. Major investment areas include the production of aviation fuel, low-carbon methanol, and ammonia.
MPP estimates that supplying electricity to all these projects would require approximately 3,500 TWh annually, equivalent to 12% of global electricity demand.
Türkiye to Invest Over $200 Billion in the Power Sector (Reuters)
Türkiye has unveiled its national energy strategy through 2040, which envisages investments exceeding $200 billion in the development of its power sector. Total installed power generation capacity is expected to increase from 123 GW to 281 GW, while the share of renewable energy sources in installed capacity will rise from 63% to 77%.
The country plans to expand its combined solar and wind power capacity to 175 GW and nuclear power capacity to 10 GW. By 2040, nuclear power plants are expected to account for 11% of electricity consumption. Decisions on the construction of two additional nuclear power plants are scheduled for 2027.
Electricity consumption is projected to increase from 365 TWh to 680 TWh by 2040. The main drivers of demand growth will be electric vehicles, data centers, electrolyzers, and heat pumps. At the same time, increased electrification is expected to reduce overall demand for energy resources and generate $240 billion in savings.
India to Introduce Mandatory Energy Storage Requirements (Bloomberg)
The Indian government plans to introduce mandatory energy storage capacity procurement requirements for electricity supply companies, including state-owned utilities, by March 2027.
During the hottest months of 2026, 11% of solar electricity generation was curtailed due to power grid constraints. Despite having more than 300 GW of non-fossil fuel-based generation capacity, the country continues to face electricity shortages during evening peak hours, requiring increased generation from coal-fired power plants.
The government has also approved a $1.5 billion subsidy program for energy storage systems through 2031. The program aims to develop 92 GWh of storage capacity and attract $10.3 billion in investments. By 2031–2032, India aims to increase its total energy storage capacity to 411 GWh.
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