Industry News

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).

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.