News
Asia's coal plants flounder as banks give them the cold shoulder
Asia's coal plants flounder as banks give them the cold shoulder
More than 100 financial institutions have quit coal since February.
Indonesia looks to auction three waste-to-energy projects in 2019
One project in Tangerang City has already entered the auction process.
Thai oil giant turns attention to renewables amidst uncertain crude outlook
Producing electricity from solar in Thailand currently costs between $62 to $111 per MW-hour.
SECI issues two tenders for 2.4GW of solar projects
The upper tariff ceiling for both tenders is capped at $0.038/kWh.
China and India to lead biomass growth by 2028
They are expected to add more than 12.8GW and 6.1GW, respectively.
China to install 230.5GW of wind power by 2028
It is expected to account for over 75% of the Asia’s wind installations.
China's Datang-owned thermal power plant files for bankruptcy
It defaulted on approximately $2.39m of debt.
Hong Kong seeks to import LNG to cut coal reliance
A floating regasification vessel with 8.3bcm capacity in the works.
Vestas buys into wind farm for Walcha Energy's 4GW energy project
It will lead the development of the farm and co-own it with the community.
India revs up 2030 renewable targets to 500GW
It seeks to cut coal dependence and reduce air pollution.
Silk Road Fund buys 49% of ACWA Power's renewables unit
The fund will have an interest in ACWA Power’s solar and wind assets in the Middle East and South Africa.
Taiwan sets up group to oversee offshore wind development
The Taiwan Offshore Wind Industry Association consists of both Taiwanese and foreign companies involved in the field.
Taiwan pushes for nuclear phase-out despite opposition
The decommissioning of the Chinshan units will continue, and the operating licences of the Kuosheng and Maanshan units will not be extended.
Thailand's PTT to invest in retail and industrial power sectors
It is looking to list its retail subsidiary PTT Oil & Retail Co in an IPO that could raise around $2b.
Thailand to sell hydropower to Malaysia, Cambodia
It is aiming to become the electricity hub in the ASEAN region.
Japan's ENERES Co. inks deal to build storage-virtual power plant
The project anticipates adding more than 10,000 assets to the VPP between 2020-2021.
South Korea looks to shut down 20 coal-fired plants
Its aims to import more gas-fired power from Indonesia, Australia, and Russia.
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