Singapore

Caterpillar Energy Solutions is pleased to announce the Cat® G3512 generator set is now available for standby and load management applications with emissions as low as 0.5 g/bhp-hr NOx.

The plant is expected to be operational by 2022 and supply electricity to 700,000 homes.

It is part of Edison’s plan to support Italy’s energy transition with investments of 2 billion euros in Italy over the three-year period 2019-2021.

PSH development is being driven by China’s growing need for energy system flexibility.

With Chinese thermal coal imports set to go into decline, coal exporters are depending on countries like Pakistan to pick up the slack.

Earlier in January, electricity retailer Red Dot Power (RDP) announced its exit from the electricity market, citing a “financial challenging period.”

Sri Lanka has been one of the fastest growing economies in South Asia in recent years. Following a 30-year civil war, Sri Lanka has seen a sharp rise in energy use and demand over the past decade as it transitions from a predominantly rural agricultural economy to an urban economy.

Indian and Indonesian utilities will likely lead revenue growth amidst their attempt meet electrification goals.

In 2018, the government has approved two projects in excess of 1,000MW.

But countries need to continue to commit to goals and lure projects and investments.

The facility is expected to generate 220,000kWh of energy annually.

Over 80 startups have signed up to its programme aimed at accelerating renewable energy deployment in the Asia Pacific.

About 22% of investors are planning to increase their allocations to the sector by more than 20%.

It wants to modernise its power sector and boost export capacity to 14,800MW.

It is banking on ACWA Power's diversification into solar power and electric vehicles.

It will accept bids from developers until 14 March 2019.