News

South Korea's KHNP scraps plans to build four new nuclear reactors

South Korea's KHNP scraps plans to build four new nuclear reactors

This move is in line with the government's strategy to phase out nuclear energy in the medium term.

Thailand's PTT to acquire majority stake in Glow Energy for $3.05b

The deal is set to be done through PTT’s unit, GPSC.

Shift to feed-in tariffs hits Chinese solar manufacturing hard

New installations are expected to be limited to 30GW in 2018.

TEPCO may decommission the Fukushima Daini nuclear units

The facility includes four nuclear reactors, with a combined capacity of 4,268 MW.

Vietnam greenlights nearly 80 MW of wind and solar projects

The country aims to generate above 7% of its electricity needs via renewables in 2020.

Half of ASEAN will go nuclear by 2035

Nuclear energy operations may reach up to a capacity of 2,000 to 5,000 MW by 2040.

Taiwanese coal power plant's AI pivot may yield $1m in annual savings

Using AI during combustion tuning can significantly boost efficiency.

Average bid of US$3.7c/kWh in India's latest 2 GW wind power tender

Six manufacturing companies won a total of 1,435 MW at a winning price of INR2.51/kWh.

Macquarie eyes 1 GW floating offshore wind project in South Korea

The development supports South Korea’s bid for Asia’s offshore wind market.

China's NDRC cuts solar subsidies to avoid industry overheating

The new on-grid power tariffs will range between US$7.8-11c/kWh starting 1 June 2018.

WPD's 640 MW Yunlin offshore wind project moves forward

The project will be contracted for a 20-year period.

South Korea will introduce limits on coal-fired power plants operations

Plants will have to cut CO2 emissions by 40% by 2022 and 58% by 2030.

CGN plugs in Yangjiang-5 reactor to Chinese grid

It is the first Chinese unit that features domestically-developed control system.

India approves a new 2.5 GW solar-wind hybrid auction

Selected projects will be under build-own-operate basis.

Japan's giant trading houses lured by untapped offshore wind potential

Mitsui for instance bought 20% stake in a 300MW offshore project.

AGL Energy slams $250m offer by Alinta Energy for Liddell power station

The offer "significantly undervalues" future cash flows, according to AGL.

Korea unveils new incentives to buoy offshore wind park projects

The incentive rates will be adjusted according to their impact on the country's target.