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Asia
Hydropower Plant
2020-12-31
$400m Investment Inked for Another Hydro Project
Only infrastructure projects declared by the Council for the Development of Cambodia or an entity authorised by the Cambodian government of Cambodia can be the subject of a BOT contract.
Hydropower Plant
2020-12-31
Voith Hydro Awarded Contract by Mitsubishi Corporation
Voith Hydro has been awarded an electro-mechanical equipment contract by Mitsubishi Corporation for the Asahan 3 hydropower project in Indonesia, which will be operated by the state-owned utility Perusahaan Listrik Negara.
Energy Storage Battery
2020-12-31
China’s CATL to Further Raise Li-ion Battery Capacity
Chinese battery producer Contemporary Amparex Technology (CATL) will invest a total of 39bn yuan ($5.97bn) to raise its output capacity for power and storage lithium-ion batteries.
Carbon Neutral
2020-12-31
Renewable Energy Industry: Policies for Carbon Neutrality Confirmed
Korea’s 5th Renewable Energy Basic Plan has been confirmed.
Crude Oil
2020-12-31
Cambodia Starts First Crude Oil Production After Years of Delays
Cambodia has begun extracting its first crude oil from fields in the Gulf of Thailand, in a venture between Singapore’s KrisEnergy Ltd and the government, both parties said on Tuesday, bringing an end to years of delays.
South Korea
2020-12-31
South Korea-U.K. FTA About to Take Effect
The Ministry of Trade, Industry and Energy announced on Dec. 30 that the South Korea-U.K. FTA would become effective at 8:00 a.m. Jan. 1.
Electricity Transmission
2020-12-31
Nation to Build Over 600,000 5G Base Stations During 2021
China will build more than 600,000 5G base stations in 2021 as the nation accelerates the rollout of wireless technology, according to the Ministry of Industry and Information Technology.
Nuclear Power Plant
2020-12-30
China: Hot Test of Tianwan Nuclear Power Unit 6 Ended Successfully
On December 29, 2020, the hot test of Tianwan Nuclear Power Unit 6 was successfully concluded, marking a successful end to 2020 and bringing more hope for the upcoming 2021 New Year!
China
2020-12-30
China Datang Buys Stake in Indonesian Power Plants
China Datang Corp has bought a majority stake in PT Dian Swastatika Sentosa’s (DSS) thermal power plants in Indonesia for US$394mil.
Coal Production
2020-12-30
China Coal Output Hits Snags as Harsh Winter Begins
The Chinese central government's efforts to raise domestic coal output are facing further bureaucratic setbacks even as a nationwide "super cold snap" threatens to significantly raise heating demand.
Electric Car
2020-12-30
China's Sichuan Yahua to Supply LiOH to Tesla
Chinese lithium producer Sichuan Yahua Industrial has signed an agreement to supply battery-grade lithium hydroxide to US electric vehicle manufacturer Tesla.
Nuclear Power Plant
2020-12-30
China Starts Building Second CFR-600 Fast Reactor
Construction work has started on the second CFR-600 sodium-cooled pool-type fast-neutron nuclear reactor in Xiapu County, in China's Fujian province.
LNG
2020-12-30
China’s Sinopec Plans Record LNG Imports to Battle Cold Snap
Sinopec Corp pledged on Tuesday to maximise domestic gas productions and raise imports of liquefied natural gas to record rates as a cold spell hitting large parts of the country this week lifts demand for the winter heating fuel.
Oil Field
2020-12-30
KrisEnergy Starts up Cambodia’s First Offshore Oil Field
KrisEnergy started producing oil from Cambodia’s first oil field in the offshore Block A concession on 28 December 2020.
Offshore Wind Power
2020-12-30
Ørsted to Divest 50% Stake in 605MW Greater Changhua 1 Offshore Wind farm
Danish power company Ørsted has signed an agreement to divest 50% ownership stake in its 605MW Greater Changhua 1 Offshore Wind Farm in Taiwan to Quebec’s Caisse de dépôt et placement du Québec (CDPQ) and Taiwanese private equity fund Cathay PE.
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