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  • Investment in renewable energy capacity worldwide was $282.2bn last year, according to new data from BloombergNEF (BNEF) increasing by 1 percent compared to 2018’s $280.2bn.
  • The Asian Development Bank (ADB) has provided TTC Energy Development Investment with a $37.8 million loan deal to accelerate the deployment of solar energy in Vietnam.
  • UAE based Masdar has signed a power purchase agreement (PPA) with Perusahaan Listrik Negara (PLN).
  • The Global Infrastructure Facility’s (GIF) Governing Council has approved $1.5m in funding to support the World Bank’s work with the government of Vietnam on a Solar Pilot Auction Program.
  • Global automotive firm Toyota Motor Corporation has announced its plan to build a sample of how a smart city of the future will be modelled.
  • Climate Fund Managers (CFM), is pleased to announce that construction has begun on one of its flagship projects.
  • Energy consulting and incubation service provider elDesign, energy retailer Forest Energy and US technology innovator LO3 Energy are launching one of Japan’s first marketplaces for local solar energy.
  • Chinese energy company TICA has acquired Italian power generation firm EXERGY.
  • Mitsubishi Hitachi Power Systems (MHPS) will continue to handle long-term maintenance duties for another 12 years at a Thai coal-fired power station.
  • Work on the 510 MW Batang Toru hydropower plants in North Sumatra Province, Indonesia, was temporarily shut down in mid-February.
  • Jack Beks of RWE Technology International explains the dos and don’ts of converting a coal-fired plant to run on biomass.
  • Japan’s Toshiba Energy Systems & Solutions Corporation (Toshiba ESS), has launched what it’s calling the ‘world’s largest hydrogen plant'.
  • China will account for $103 billion of the $347 billion in financial losses to be experienced due to COVID-19 (Coronavirus) globally, according to the Asian Development Bank (ADB).
  • The National Irrigation Administration (NIA) in the Philippines recently signed five Memoranda of Understanding (MOU).
  • EU signs nuclear fusion pact with Japan

    05 Mar 2020 Kelvin Ross
    The European Union’s Energy Commissioner Kadri Simson has signed a joint declaration with Japan on collaboration in the field of fusion energy.
  • Microsoft has unveiled a digital twin of its new regional headquarters in Singapore.
  • Malaysia-based SDIL has signed an MoU with Nepal-based HVPL) for development and operation of the 57.3 MW Myagdi Khola hydro project.
  • Japanese power company, TEPCO and Ørsted, global offshore wind developer, have announced that they have agreed to establish a joint venture company, Choshi Offshore Wind Farm K.K.
  • According to the latest data released by Bloomberg New Energy Finance (BNEF), it appears likely that the coronavirus outbreak will be a significant global crisis, triggering an economic slowdown.
  • The Executive Director of the International Energy Agency, Dr Fatih Birol, has urged governments to not lose sight of climate change challenges as they tackle the impact of the coronavirus.

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