News
SMIC to acquire geothermal production firm
SMIC to acquire geothermal production firm
The Philippine Geothermal Production Company operates the Tiwi and Mak-Ban steam fields.
ACEN, ib vogt to establish asset platform for solar projects in Asia
The platform has a minimum operation capacity of 1,000MW.
Increasing cloud computing investments to boost rising power consumption in India
India’s power consumption is expected to reach 2,137TWh in 2031.
Edra Melaka Power Plant achieves full commercial operation
With a 2,242 MW capacity, it is the largest combined CCGT in Southeast Asia.
AGL takes big step towards energy transition in Liddell power station closure
The station will be fully closed in April 2023.
British International Investment commits $89m for India’s RE generation
The amount will fund two renewable projects in the country.
China’s central bank leads in green finance policies globally: report
It has refinanced loans to borrowers that would cut 28.76 million tonnes of carbon emissions.
Measures to safeguard SG energy security extended until 30 June: EMA
This is on the back of the global energy crunch and Russian invasion of Ukraine.
Climate spending under Australia’s federal budget shrinks: IEEFA Australia
It will drop to $1.3b in 2025-26 from $2b in 2021-22 and 2022-23.
First phase of Yunlin solar project in Taiwan goes online: Vena Energy
The project, which has 340,000 PV solar panels, has the capacity of 134MW.
India maintains lead in transmission pipelines projects: GlobalData
The country is slated to contribute 37% of oil & gas pipelines projects count by 2026.
ACME Group, Scatec to develop green ammonia facility in Oman
The facility is expected to produce 100,000 tonnes of green ammonia annually.
South Korea to help stabilise energy market amidst Russia-Ukraine conflict
Minister Moon made the commitment during the IEA Ministerial Meeting.
NZ Super Funds, CIP tie up for offshore wind project dev’t in New Zealand
The project is planned to have a 1GW capacity but can be expanded to 2GW.
CLP Power secures HK$1b emission reduction-linked loan
The loan was the first ESG-linked facility in the Japanese financial market.
Could phase-outs harm Asia’s nuclear energy growth?
The region is expected to bring 30GW in electricity per year with 32 reactors under construction.
Masdar breaks ground for 230MW solar project in Azerbaijan
The solar plant can generate 500 million kilowatt-hours of electricity annually.