The Asian Development Bank has approved a USD 300 million loan to help PT Geo Dipa Energi, an Indonesian state-owned company, expand its geothermal power generation capacity by 110 megawatts in Java, the country’s largest electricity grid and a challenging market for the development of renewable energy. ADB will also manage a USD 35 million loan from the Clean Technology Fund for the project. Indonesia has ...

On the vast, sunny plains of northern Australia, investors are planning to turn the sun into a giant power station for Singapore. A large array of solar panels would capture the sun’s energy and turn it into electricity, which would be transmitted via undersea cables. There are plans for other immense renewable energy complexes in Australia too, some using wind and solar energy to create hydrogen by splitti ...

University of Edinburgh spin-out ENIAN has completed a $1.5 million pre-seed financing round for its software that helps renewable energy developers and investors project future returns. The business harnesses satellite data from NASA and the European Space Agency to allow professionals to estimate the potential wind or solar power at a particular spot in the world. It says this will save time, effort and r ...

Workplace and supply chain risks from COVID-19 having significant impact on power sector, according to Willis Towers Watson ASIA, - Pressures on workforce availability and maintaining supply chains arising from COVID-19 are proving challenging to the power sector, according to Willis Towers Watson (NASDAQ: WLTW), a leading global advisory, broking, and solutions company, at the launch of its Power Market Re ...

Ingeteam, a global technology group that specializes in electric power conversion, says it has commissioned 50 GW of electrical wind power conversion equipment to date, thanks to the company’s strong sales of wind power converters and wind control cabinets. Ingeteam entered the wind industry in 1995 working on the development of variable-speed machines. They were the first manufacturer to introduce DFIG con ...

Taiwan Power Company has partnered with Delta Electronics to build its largest energy storage system as part of a smart grid project on Kinmen Island. Delta will provide a 1MWh lithium-ion battery energy storage system, a 2MW capacity power conditioning system, an energy management platform and environment management systems for installation at the utility’s Xia Xing Power Station. The solution is expected ...

Asia is upgrading its power grid progressively to meet increased energy demand and expand its distribution network. Core investment areas in the region include grid reliability and renewable energy integration. “An integrated power infrastructure takes advantage of different generation, transmission and distribution technologies to help utilities overcome the pitfalls of aging infrastructure assets while me ...

Through a private placement, Kongsberg Digital acquires additional shares in NorSea Digital, now KONCIV, together with the private investor Jacob Møller. NorSea remains its largest owner. The company provides digital logistics services through its cloud solution.  Kongsberg Digital, a subsidiary of the Kongsberg Group, is a leading software company witihin digitalization of the energy sector and the ma ...

SAGAING and YANGON – Myanmar is rushing ahead with a major solar power initiative amid the Covid-19 pandemic, giving potential investors just a month to submit bids and raising questions about the tender’s intent and viability. The Ministry of Electricity and Energy published a notice on its official Facebook page dated May 18 inviting companies to submit pre-qualifying bids to construct solar energy p ...

New SG 14-222 DD offshore wind turbine is intended to be used for the 300 MW Hai Long 2 project Further discussions ongoing regarding deployment of new turbine for the rest of the 1,044 MW Hai Long pipelineSiemens Gamesa’s manufacturing footprint in Taiwan will drive the introduction of the turbine in Asia Pacific, starting with the Hai Long 2 project Siemens Gamesa Renewable Energy (SGRE) and Hai ...