Government policy and pressure to progress clean energy plans is expected to turn Asia into a global leader in offshore wind according to new research by international law firm Ashurst The report, Powering Change: Energy in Transition, compiles the views of more than 2,000 senior business leaders from across G20 countries on the changing global energy market as it seeks to meet rising energy demand and ...

The 15 GW Asian Renewable Energy Hub has been recommended for approval by environmental authorities in the Pilbara region. The project was originally intended to export clean energy to Jakarta and Singapore via subsea, high voltage DC cables but its focus has shifted to domestic industrial consumers. Australia’s largest renewables project has got a step nearer after being recommended for approval by the Env ...

Tenaga Malaysia Bhd is the world's 3rd strongest utilities brand and Asia's second after Kepco of South Korea with a brand value of US$2.74 billion, according to Brand Finance's latest list of "Top 50 Global Utility Brands 2020". London-based Brand Finance said TNB was the only utilities brand from Asean in the ranking, making it the most valuable utilities brand in Asean. "TNB, valued at US$ 2.74 billion, ...

Kalpataru Power Transmission (KPTL) on Sunday said it had terminated the deal with CLP India to sell its transmission project ALP for not fulfilling certain conditions. The deal was inked in July last year. “This is in furtherance of our intimation on July 3, 2019, regarding execution of definitive agreement with CLP India for sale of stake in Alipurduar Transmission (ATL), a wholly-owned subsidiary of the ...

Indonesia’s photovoltaic (PV) providers face a bleak business outlook at least in the next six months as the government and individual users cut back spending on anything deemed nonessential amid the pandemic, including solar panels. Demand for commercial PV panels was down up to 70 percent in the March-April period from a year earlier as businesses aborted installation plans and as, most critically, the go ...

TES announced its strategic investment in GenPlus, a leading Southeast Asia provider of energy storage systems (ESS) and power systems across the Asia-Pacific region. Founded in 2013, GenPlus's hybrid ESS offer scalable turnkey solutions that use retired electric vehicle batteries for various commercial and residential energy needs in the secondary market. ESS use a network of optimally connected second-lif ...

Offshore wind developer wpd has strengthened its presence in Taiwan by signing a joint venture agreement with Taiwan Green Power (TGP). As per the terms of the agreement, the parties will participate in the third tender round in Taiwan and intend to bid for the offshore wind farm site number 28. Located off the coast of Changhua, the offshore wind project will be jointly developed by the two companies. It h ...

ADB has approved a USD 346 million loan to help provide an efficient and reliable power connection to rural agriculture customers in Maharashtra. The Asian Development Bank (ADB) has approved a USD 346 million loan to India to help provide an efficient and reliable power connection to rural agriculture customers in the state of Maharashtra. Maharashtra, which is the second-most populous state in India, has ...

 While renewables like hydro, solar and wind power are widely known, an energy source gaining momentum as a highly versatile energy source of tomorrow is hydrogen, particularly green hydrogen. Toshiba shares how countries like Singapore, Indonesia and Philippines are looking at hydrogen as a potential clean energy solution, and how the use of H2One™, its Hydrogen-based Autonomous Energy Sup ...

Nexif Energy, the Singapore-based Asian and Australian power generation company, has reached financial close on its 92MW gas-fired co-generation project in the Rayong province of Thailand. The Rayong co-generation project, which has now commenced construction, will sell electricity under a 25-year power purchase agreement (PPA) with the Electricity Generating Authority of Thailand (EGAT) and serve industria ...