By Sudarshan Varadhan

SINGAPORE (Reuters) -Asia’s clean energy push will stall unless governments curb fossil fuel subsidies, offer stable policy direction and invest in upgrading grids, industry executives said on Wednesday.

The executives flagged the cancellation of renewables auctions and subsidies to the fossil fuel industry as the biggest impediments of growth in green investments at a time when data centres are driving growth in power demand.

“Coal continues to be subsidised and power and energy in general continue to be used as a political tool to win votes. And I think that’s the biggest stumbling block,” Lawrence Wu, chief financial officer for Asia of Portugal-based renewable power firm EDP Renewables, told the APPEC conference in Singapore.

Major Asian economies including In

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