News

Taipower inks deals for 900MW of offshore wind projects
22 Feb 19
The PPAs with Copenhagen Infrastructure Partners and China Steel Corp will last for 20 years.
India invests $1.6b in solar rooftop programme
22 Feb 19
It wants to hit 40GW of grid-connected rooftop solar by 2022.
Asian institutional investors eye renewables as shelter from market volatility
22 Feb 19
About 22% of investors are planning to increase their allocations to the sector by more than 20%.
KNOC and Equinor to develop commercial floating offshore wind in South Korea
20 Feb 19
South Korea’s proportion of renewable energy in power generation is set to increase to 20% by 2030.
11GW of solar power could be installed in New Zealand: Transpower
20 Feb 19
The country could have 16GW of distributed solar power by 2050 if panels were installed across its projected 2.4 million households.
Hedge fund challenges China Three Gorges' EDP takeover bid
20 Feb 19
It said CTG’s bid for the utility has stalled and has too many regulatory hurdles.
Malaysia tenders 500MW of grid-connected solar projects
20 Feb 19
 Foreign bidders involved in a consortium will be allowed to take up to 49% in the projects.
JERA and TEPCO Power Grid invest $32.68m in UK-based battery storage firm
20 Feb 19
The investment will allow JERA to study batteries and TEPCO PG to expand to the UK.
India's Andhra Pradesh unveils 600MW solar-wind hybrid tender
20 Feb 19
The minimum bid capacity has been set at 200 MW with individual project capacities of 50 MW minimum.
Laos eyes being a transmission hub by 2025
20 Feb 19
It wants to modernise its power sector and boost export capacity to 14,800MW.
Japanese conglomerate ORIX starts seabed survey in Choshi
20 Feb 19
The survey is expected to end 15 March 2019.
Saudi Arabian investment fund to raise stake in ACWA Power
20 Feb 19
It is banking on ACWA Power's diversification into solar power and electric vehicles.
India and Southeast Asia are the largest markets for utility-scale solar auctions: study
19 Feb 19
Corporate PPAs and rooftop portfolios could also be sizeable segments.
American firm sees $50b opportunity in India's energy storage
15 Feb 19
AES sees battery storage systems could replace diesel-fueled power plants.
Kyushu Electric to decommission ageing Genkai nuclear reactor
15 Feb 19
Safety costs of the reactor were too high to bear.
Solar Philippines eyes 500MW of projects in India: report
13 Feb 19
The company cited the country's favourable regulatory environment.
2 in 5 institutional investors eye Japan's renewables market
13 Feb 19
Japan could get a chunk of the $210b of future global investments over the next five years.
Huge Chinese borrower with interest in renewables misses bond payments
13 Feb 19
China Minsheng Investment Group has not returned money to bondholders that it had pledged to repay 1 February.
Blasts rock Arun III hydropower plant in Nepal
13 Feb 19
The plant is being built with India’s assistance.
Pacific Hydro gets permits for 555MW of projects in Victoria and Queensland
13 Feb 19
It can now commission technical studies and analysis on the two projects.
Asia Pacific countries gear up to lead offshore wind markets
13 Feb 19
Developers are flocking to Australia, India, and Japan, and other Asian countries.
AC Energy inks $115.63m acquisition deal for PHINMA Energy
13 Feb 19
It bought a 51.48% stake in PHEN for $65.44m and subscribed to its shares worth $50.62m.
AC Energy raises $410m from maiden green bonds
13 Feb 19
The newest investment comes from the World Bank's IFC $75m injection to anchor a $300m tranche.
Local developers OK India's 12GW solar scheme for state enterprises
12 Feb 19
The scheme is now approved at the Cabinet level.
Renewables to eat up 21% of Thailand's energy mix by 2028
12 Feb 19
Strong government support is pushing reliance away from natural gas-fired power.
India eyes 14MW solar PV project with battery storage in Jammu and Kashmir
12 Feb 19
It will be implemented at a fixed tariff of 2.8 cents per unit.
Japan's JERA mulls IPO
7 Feb 19
Its parents, TEPCO and Chubu Electric, are expected to merge their businesses into JERA by April.
Kansai Electric pushes back nuclear reactor's restart by 9 months
7 Feb 19
It needs more time for safety works.
Oil and gas firm Eni Australia enters renewables market
6 Feb 19
It bought a 33.7MWp solar project in the Northern Territory of Australia.
Australia will fail emissions goal for 2030: OECD
6 Feb 19
The group attributed most of the emissions to the power sector, which is not subject to constraints.
Regulator clears South Korea's Shin Kori-4 reactor to start operations
6 Feb 19
The commissioning is currently expected for the end of 2019.
ADB invests $20m in AC Energy's maiden climate bonds
6 Feb 19
It is an anchor investor in the 10-year tranche.
Taiwan to abolish nuclear power by 2025
4 Feb 19
It defied the referendum to keep nuclear power in the energy mix.
Tokyo Gas, Kyushu Electric, and Idemitsu scrap 2GW coal plant in Japan
4 Feb 19
Companies are under pressure to sell or give up coal assets as Japan tries to meet its emissions targets.
KEPCO eyes 1,000MW coal plant in the Philippines
4 Feb 19
The project cost is estimated to hit $1.83b.
India's 25% tariff on solar glass imports fails domestic manufacturers
4 Feb 19
Some manufacturers are now calling for anti-dumping and countervailing duties to the tariff.
Developer fury tilts Taiwan's cuts in offshore wind tariffs
31 Jan 19
It had to change the 12.71% cut in FITs to 5.71% after developer backlash.
Vietnam unveils draft for solar projects' new feed-in tariffs
31 Jan 19
Tariffs range from 6.59 to 9.85 cents/kWh, depending on the project’s location and technology.
Saudi Arabia launches tenders for 1.5GW of solar projects
31 Jan 19
The deadline for expressions of interest is on mid-February 2019.
Japan warns against fire risk for rooftop PV systems
31 Jan 19
The number of fire accidents recorded in 2008-2017 hit 172.

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