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Renewable Energy

Malaysia Unveils RM2 Billion Fund to Propel Shift to Renewable Energy

Malaysian Prime Minister Datuk Seri Anwar Ibrahim recently emphasised that the country’s progress will heavily rely on alternative energy sources and stro…

Renewable Energy

Southeast Asia's $100 Billion Opportunity for Green Mobility, Clean Power

In Southeast Asia, including Vietnam, low-carbon mobility and clean power have the potential to contribute $90 billion to $100 billion in revenues by 2030.Accor…

Electric Vehicles

Tesla Supercharger Network to Become $10 to $20 Billion a Year Business, Says Wedbush

A Wedbush analyst is estimating that Tesla’s Supercharger network will become a $10 to $20 billion a year business by the end of the decade.When Tesla fir…

Hydropower Plant

Sabah to Build RM4B Hydroelectric Dam in Ulu Padas, Tenom to Resolve Water Woes

Pix credit: Hajiji Haji Noor FBPAPAR: The Sabah government will build a RM4 billion hydroelectric dam in Ulu Padas, Tenom as a long-term solution to the water w…

Energy Storage Project

SK on to Invest up to KRW 1.5t (Us$1.1b) In Battery Manufacturing Expansion in Seosan City

SK On will make a KRW 1.5-trillion (US$1.1-billion) investment in its domestic battery production base in Seosan, South Korea, paving the way for the completion…

Energy Storage Project

Engie Strikes $1.6 Billion US Battery Deal With Apollo, Encap

A logo on the Engie SA headquarters in the La Defense business district in Paris, France, on Thursday, Jan. 21, 2021. The shift of jobs and assets to Paris afte…

Hydropower Plant

Government Allocates $124 Million Towards Reconstruction Efforts on Kakhovka Hydroelectric Plant

The Ukrainian government allocated Hr 4.6 billion ($124 million) towards reconstruction measures of the Kakhovka Hydroelectric Power Plant, Ukraine's Minist…

Oil & Gas Trade

RI Eyes Us$3.37 Billion Non-oil, Gas Export Target With Australia

Indonesian Deputy Trade Minister Jerry Sambuaga (left) during a press statement at the 55th ASEAN Economic Ministers' (AEM) Meeting in Semarang, Central Jav…

Biofuel

Sununu Vetoes Bill to Provide Relief to Burgess Biopower

New Hampshire Gov. Chris Sununu on Aug. 18 vetoed HB 142, a bill that aims to support future operations at Burgess BioPower, a 75-megawatt (MW) biomass-fired po…

Natural Gas

Australia's APA Group to Buy Local Energy Supplier's Pilbara Assets for $1.1 Bln

Australia's APA Group (APA.AX) said on Wednesday it would acquire Alinta Energy's power assets in the Pilbara region for a deal valued at A$1.72 billion…

Net Zero

Denmark Plans to Allocate 26.8 Bln Crowns for New CO2 Capture and Storage Tenders

Denmark plans to allocate 26.8 billion Danish crowns ($3.9 billion) in state aid over 15 years for projects to capture and store 2.3 million metric tons of carb…

LNG

HD Korea Shipbuilding wins 288.2 bln-won order for 2 LPG carriers

South Korean shipyard HD Korea Shipbuilding & Offshore Engineering Co. said Monday it has bagged a 288.2 billion-won (US$215 million) order to build two liquefi…

Renewable Energy

CEFC spends record $1.2 billion on renewables, as focus turns to the grid

The Clean Energy Finance Corporation has spent a record $1.2 billion in the last financial year, but its focus in coming years will be on upgrading the grid &nd…

Green Hydrogen

Brazil's $30 Billion Green Hydrogen Initiative Sparks Global Interest

Brazil is setting its sights on a remarkable endeavor – the production of low-carbon hydrogen. With a burgeoning portfolio of projects valued at around $3…

Energy-Eficient Building

US Can Cut Building Emissions by up to 91%, Saving $100 Billion a Year in Energy-Related Costs, Modeling Study Shows

The US has committed to reaching net-zero emissions by 2050. To accomplish this goal, large cuts in emissions are necessary, especially in high-emission sectors…