Indonesia is forgoing billions of dollars on offer from American companies eager to invest in South-east Asia's biggest economy, United States Ambassador to Indonesia Joseph Donovan said. As the US tries to arrest a deteriorating trade balance with Indonesia, which last year found itself in President Donald Trump's cross-hairs, Donovan has also rejected complaints of increasing American protectionism. Indon ...

The global fuel cells market is envisaged by seasoned analysts to grow in prominence due to the need to replace conventional sources of electric energy and rising demand for green energy technology. Besides being a clean source of electric energy, fuel cells are considered to be more efficient than combustion engines. Their supply of emission-free power has earned them a speedily growing demand in commercia ...

Japan task force echoes foreign minister calls to back renewables over coal, nuclear An energy task force advising Japan's foreign minister has proposed boosting renewable energy and shifting away from coal-fired and nuclear power at home, arguing the country's energy policies are outdated and undermine its global competitiveness. TOKYO,: An energy task force advising Japan's foreign minister has proposed b ...

AMETEK Land, the leading temperature measurement and combustion emissions specialist, has enhanced its senior management team with the appointment of Christopher Leonard to the role of Director of Development and Product Management. Mr. Leonard has over 20 years of experience in mechanical and process engineering gained in the oil and gas, chemical, energy, and mining ­­­­­­­sectors. He has held roles in in ...

Some 50,000 homes in South Australia will receive solar panels and Tesla batteries, the state government announced on Sunday (Feb 4), in a landmark plan to turn houses into a giant, interconnected power plant. South Australia is already home to world's biggest battery in an Elon Musk-driven project to provide electricity for more than 30,000 homes. The state government has since been looking for more ways - ...

The solar boom in China played a major part in the global clean energy investment surge in 2017 which reached its second-highest ever figure at $333.5 billion, according to a recent report. The report shows that Chinese spending on clean energy in 2017 increased by 24 per cent from the previous year to $132.6 billion, setting a new all-time record. Most of the investment, around $86.5 billion, was spent on ...

GE announced its fourth quarter and full-year 2017 results this week, and its renewable energy division GE Renewable Energy highlighted its own performance, including a total of $10.4 billion worth of orders and $10.3 billion of sales. GE Renewable Energy doesn’t get the opportunity to publish its own quarterly earnings reports, given that it is but a division or subsidiary of the larger behemoth that is GE ...

Asia-Pacific countries to invest up to US$250b in solar and wind projects This is due to the increasing threat of climate change. PwC reported that major Asia-Pacific countries may invest up to US$250b in utility-scale solar and wind projects by 2025. According to PwC, climate change has driven an increase in renewable energy (RE) investments among Asia-Pacific countries, with a total amount of US$114.8b RE ...

Nepali President Bidya Devi Bhandari on Saturday urged domestic and foreign investors to inject their capital in his country's hydropower to cash in on the immense opportunity provided by soaring demands of electricity in South Asian region. "In Nepal and South Asia where rapid development is expected, demand for electricity is soaring. Hence, I reckon there is a good opportunity to invest in Nepal's hydrop ...

Islamabad - Federal Minister for Power Division Sardar Awais Ahmed Khan Leghari has said that the Power Division was planning to establish “renewable energy institute” to conduct research, study the existing potential and propose policy matters to the government in the field of alternative energy . The minister expressed these view at a meeting with a delegation of World Bank headed by WB Vice-President for ...