Energy and Mineral Resources Minister Ignasius Jonan signed an agreement with China to strengthen cooperation in the energy sector on the sidelines of the fifth Indonesia-China Energy Forum (ICEF V) in Jakarta on Monday. China was represented by National Energy Administration director Nur Bekri. “We welcome foreign investment on the basis of the mutual benefit principle,” Jonan said at the JW Marriot Hotel ...

An initial team of 10 people is due to grow to 30 in the coming years, adding to the 70 technicians already working in the service stations in the Asia-Pacific region, the company said. Since 2001, Enercon has installed more than 217 turbines totalling over 440MW in Taiwan, and has a market share of nearly 70%, it added. Enercon will manage all its Asian activities from the Taipei branch to "ensure a higher ...

Water is the lifeblood of human existence. For densely populated places such as Hong Kong, the issues and challenges go beyond simply finding water sources to satisfy each household. It is also about recycling, reusing, processing sewage, desalination and flood prevention. At 'Smart Sponge City - Self Sustainable Water Cycle', part of Friday's 'Eco Asia Conference' at Eco Expo Asia (10/27-30), experts from ...

After investments in India’s thermal power market, Macquarie Asia Infrastructure Fund (MAIF) is now planning entry into India’s rapidly growing solar power market. According to media reports, Hindustan Powerprojects Limited is planning to sell off some of its solar power assets to MAIF as the former looks to expand its solar base globally. Hindustan Powerprojects confirmed the development to an Indian busin ...

Renewable energy could bring electricity to the 65 million people in Southeast Asia without it—if industry and governments can improve market regulations and the bankability of renewables projects. Speakers at the Asia Clean Energy Summit in Singapore last week noted that Southeast Asia is a market ripe for renewable energy development. Rapidly emerging economies, a favourable climate for solar and wind ene ...

The death toll in a transformer blast in India's western state of Rajasthan on Wednesday (Nov 1) rose to 14, China's Xinhua news agency reported officials as saying. Seven people are undergoing treatment in hospital after the explosion. The blast took place on Tuesday in Khatloi village of Shahpura, near Jaipur city, the capital of Rajasthan. According to officials, the transformer blasted while people had ...

Private equity firm KKR & Co and Australian government owned power infrastructure company Ausgrid are reported to have emerged as the final two bidders for Origin Energy’s metering unit – Acumen Metering – with both contenders slated to submit the bid for the asset next week. According to a report from The Australian last week, the bids from KKR and Ausgrid will be submitted by Wednesday. Bank of Americ ...

Solar power costs will fall by another 60 percent over the next decade giving an already booming market another boost, the head of the International Renewable Energy Agency (Irena) said on Monday. Solar power is in the midst of boom because of sharp drops in costs and efficiency improvements, pushing global capacity from virtually zero at the start of the century to 300 gigawatt (GW) by the end of 2016, a f ...

PT UPC Sidrap Bayu Energi, a special purpose company led by the energy unit of Ayala Corp., expects its $150-million, 75-megawatt wind project in Indonesia to start commercial operations in the first quarter of 2018. AC Energy Holdings Inc. said in a statement the wind project was “nearing 70-percent completion.” The group “has started the installation of 30 Gamesa G114 2.5-MW wind turbine generators since ...

Qatar's Nebras Power has agreed to invest $1 billion in a natural gas-fired power station on the island of Sumatra and related floating infrastructure to process liquefied natural gas (LNG), Indonesia's deputy energy minister said on Monday. Of that amount, $800 million would go toward a power station and the remaining $200 million was for a floating storage and regassification unit (FSRU), Deputy Energy an ...