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.

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.