Asia

Carbon Emissions
2023-03-28

Scale-up of Clean Energy Funding in Southeast Asia Needed to Meet Climate Goals: Report
Greater transparency around the financial performance of renewables, strong regulation and risk management are key to boosting clean energy funding.These were the main conclusions of a new report by Imperial College Business School and the International E
Gas turbine engine
2023-03-28

GE to Deploy Power Plant on Wheels for Yemen’s Petromasila
GE has won a new order for TM2500 technology that will help PetroMasila transition from diesel to natural gas-based power generation and help to accelerate the much needed diesel-to-gas transition in YemenGE has received a new order to facilitate fast, an
Philippines
2023-03-28

Philippines’ First Gen Posts 5% Recurring Net Income Growth
Its net income stood at US$265m.Philippines’ First Gen Corporation reported its attributable recurring net income grew by 5% to US$265m in 2022.The company linked this to its renewable platforms, namely geothermal and hydro, which delivered high
Solar Cell
2023-03-28

Sembcorp Terminates Solar Energy, Battery Project in Indonesia
The 60MWp Sembcorp Tengeh Floating Solar Farm. | Sembcorp Industries ImageThe agreement was signed with PT PLN Batam and PT Trisurya Mitra Bersama.Sembcorp Industries (Sembcorp) has terminated its agreement with PT PLN Batam and PR Trisurya Midtra Bersama
Coal Production
2023-03-28

How India Plans to Shield Businesses From Power Cuts This Summer
The nation, which depends on coal for 70% of its electricity, is increasing its green energy capacity amid rising demandA coal wholesale market in Mumbai. India expects power demand to hit a peak of 229 gigawatts next month.For Saurabh Verma, who runs a l
Oil & Gas Technology
2023-03-28

Saudi Aramco Buys 10% Stake in China’s Rongsheng Petrochemical in $3.6BN Deal
Aramco will supply 480,000 bpd of Arabian crude oil to Rongsheng affiliate Zhejiang Petroleum and ChemicalSaudi Aramco said the deal with Shenzhen-listed petrochemicals company Rongsheng will significantly expand its downstream operations in China. Photo:
Hydropower Plant
2023-03-28

Drought Hits Hydropower Capacity for Chinese Aluminum Smelters
Water shortages affecting hydropower supplies in Yunnan province in southern China have forced aluminum manufacturers there to cut back on production.A report by Nikkei Asia said the province asked aluminum smelters to cut production three times since las
Energy Technology
2023-03-28

Kyoto Fusioneering and UKAEA to Develop Fusion-Grade Composites
A specimen of ‘fusion grade’ silicon carbide composite made by KF in Japan, being handed over to UKAEA for experimentation. L-R: Dr Alex Leide (UKAEA), Dr Max Rigby-Bell (UKAEA), George Clark (UKAEA), Dr James Wade-Zhu (UKAEA), Andy Wi
Geothermal Power Plant
2023-03-28

PT PLN Seeks Partnerships for Indonesia Geothermal Projects
State-owned PT PLN is looking for strategic partners for the exploration and development of geothermal projects in Indonesia.
Electricity Trade
2023-03-27

Mazda: Conclusion of Offsite Corporate Power Purchase Agreement (Ppa) On Solar Power Generation
HIROSHIMA, Japan, Mar 27, 2023 - (JCN Newswire) - Toyo Seat Co., Ltd., Choshu Industry Co., Ltd., The Chugoku Electric Power Co.,Inc., and Mazda Motor Corporation have today concluded an offsite corporate power purchase agreement (PPA)(1) on solar power g
Energy Storage Battery
2023-03-27

LG Energy Solution Building US Factory With 16GWH Dedicated to Battery Storage
LG Energy Solution will build a new battery cell factory in the US with 43GWh annual manufacturing capacity, including 16GWh dedicated to the stationary energy storage market.The South Korea-headquartered company said this morning that it will invest KRW7
Nuclear Power Plant
2023-03-27

New Nuclear Power Unit Starts Operation in China’s Guangxi
A new nuclear power unit using Hualong One, a domestically designed third-generation nuclear reactor, was put into operation in south China's Guangxi Zhuang Autonomous Region on Saturday, paving the way for commercial operation.With the operation
Oil Field
2023-03-27

Production of Daqing Oilfield Tops 2.5B Tonnes
Daqing Oilfield, China's largest onshore oilfield, has produced over 2.5 billion tonnes of crude oil as of Sunday, said the oilfield, a subsidiary of the China National Petroleum Corporation.The oilfield, discovered in 1959, accounts for 36 percen
Electric Car
2023-03-27

Bosch Launches R&D, Manufacturing Site in Suzhou
Germany's Bosch Group broke ground on its R&D and manufacturing site for new energy vehicle core components and automated driving on Saturday in Suzhou, east China's Jiangsu Province.With a total investment of over 1 billion U.S. dolla
Electric Car
2023-03-27

Lexus Reveals Pricing and Specs of Its Fully Electric Luxury RZ SUV
Lexus has announced local details of its second battery electric model in Australia. The all-new electric SUV, the Lexus RZ 450e, is on its way to Australia in the coming months.Initially, the model is launched in two variants, with the luxury variant sta

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UK's National Grid bets $1.75 billion on AI power boom with Joulent investment

Asia

Scale-up of Clean Energy Funding in Southeast Asia Needed to Meet Climate Goals: Report

GE to Deploy Power Plant on Wheels for Yemen’s Petromasila

Philippines’ First Gen Posts 5% Recurring Net Income Growth

Sembcorp Terminates Solar Energy, Battery Project in Indonesia

How India Plans to Shield Businesses From Power Cuts This Summer

Saudi Aramco Buys 10% Stake in China’s Rongsheng Petrochemical in $3.6BN Deal

Drought Hits Hydropower Capacity for Chinese Aluminum Smelters

Kyoto Fusioneering and UKAEA to Develop Fusion-Grade Composites

PT PLN Seeks Partnerships for Indonesia Geothermal Projects

Mazda: Conclusion of Offsite Corporate Power Purchase Agreement (Ppa) On Solar Power Generation

LG Energy Solution Building US Factory With 16GWH Dedicated to Battery Storage

New Nuclear Power Unit Starts Operation in China’s Guangxi

Production of Daqing Oilfield Tops 2.5B Tonnes

Bosch Launches R&D, Manufacturing Site in Suzhou

Lexus Reveals Pricing and Specs of Its Fully Electric Luxury RZ SUV

UK's National Grid bets $1.75 billion on AI power boom with Joulent investment

SK, KKR to launch South Korea renewable energy venture valued at $1.3 bln

Castlelake's Ibitu Energia to Invest $837m in Renewable Energy Assets

Singaporean Green Tech Firms Envision Digital, T-RECs.ai to Launch First RECs Ecosystem

Google signs PPAs on 400-MW Texas solar project portfolio

TSEA Energy to invest $25m in North Carolina facility to boost US grid manufacturing