Asian

Hydrogen Project

Germany's GICON Inks Green Energy MoU with Vietnam Petroleum Institute

Germany-based energy-sector engineering group GICON and the Vietnam Petroleum Institute have recently signed a memorandum of understanding to establish a collab…

Hydropower Plant

ADB Approves Loan for Hydro Construction in Pakistan

A 300MW hydropower plant to be built on the Kunhar river near Balakot City in Khyber Pakhtunkhwa Province, Pakistan, is to receive a $300 million from the Asian…

Hydrogen Fuel Cell

Korea's SK Group Wraps up USD-1.6bn Investment in Plug Power

South Korean industrial conglomerate SK Group has finalised its USD-1.6-billion capital investment in US fuel cell systems provider Plug Power Inc as part of a …

Electric Car

Thailand Energy Company Secures ADB Aid for Renewables and EV Projects

The Asian Development Bank has issued funding to be used to increase renewable energy and EV charging infrastructure in Thailand.

Offshore Wind Power

Danish and Asian Companies Compete for Contract to Build Offshore Wind Project in Taiwan

At least four leading Danish, Malaysian, Vietnamese, Singaporean, and US-based offshore contractors or consortia are said to be chasing a prized engineering, pr…

Solar Power Plant

Cleantech Solar Delivers Three New PV Projects in Malaysia and Thailand

Pan-Asian renewables company Cleantech Solar has commissioned three rooftop solar PV systems at AkzoNobel sites in Malaysia and Thailand.

Crude Oil

Belarus to Raise Export Duties on Oil

Belarus will raise export duties on oil and oil products for destinations outside the Eurasian Economic Union, on Feb. 1, 2021, the government said in a stateme…

Oil Field

Military Seizes Power in Resource-Rich Burma

The elected leaders of Myanmar have been arrested by the military, sending the resource-rich southeast Asian nation into a fresh political crisis.

Carbon Neutral

Uzbekistan Joins Global Carbon Neutrality Race to 2050

European reconstruction bank signs on to assist Central Asian nation

Energy Investment

AIIB to Boost Financing for Green Projects

The Asian Infrastructure Investment Bank will increase financing for social infrastructure, green infrastructure and technology-enabled infrastructure, which ha…

Solar Power Plant

Bangladesh’s 35 MW Spectra Solar Park Comes Online

The facility was jointly funded by the Asian Development Bank and German state development lender the KfW.

Wind Farm

Seajacks Scoops Akita Noshiro Turbine Job

Seajacks Japan has been awarded a contract by Kajima Corporation for the transport and installation of MHI Vestas turbines for 139MW Akita Noshiro offshore wind…

Power Construction

India to Upgrade Rural Power Distribution Networks

The Asian Development Bank and the government of India have signed a $300 million loan to upgrade rural power distribution networks to provide reliable electric…

Oil & Gas Trade

China Trade War on Itself Sends LNG Prices Mad

Strong consumer demand, lower-than-expected temperatures across northeast Asia and a severe shortage of prompt LNG supplies and spot tanker availability have co…

Crude Oil

Floating Oil Storage Shrinks Amid Robust Asian Demand

Global floating oil storage declined at a fast pace in December as traders sold crude held on tankers in the absence of price incentives to store it and in orde…