Insights

28 Dec KEPCO to Develop Subsea Transmission System for Abu Dhabi

Posted at 15:56h in 2021-12-31, Quick Hits by Jordy Leo

Korean Electric Power Corp (KEPCO, [015760:KS]) will lead a consortium to construct and operate a subsea power transmission system worth USD3.6bn with Abu Dhabi National Oil Company (ADNOC) and Abu Dhabi National Energy Company PJSC (TAQA), as reported by Korean Economic Daily on December 23....

23 Dec Japan’s JERA Acquires a 12.5% Stake in Australia’s Barossa Gas Field

Posted at 11:17h in 2021-12-23, Quick Hits by Jordy Leo

Japan’s largest power generation enterprise JERA has signed an agreement with a subsidiary of Australian energy developer Santos [STO:AU], to raise its share in the latter’s Barossa gas field project from 6.1% to 12.5%, as reported by NT Independent on December 19. The two parties...

23 Dec NHPC Plans for Clean Energy Projects in Nine Indian States, Nepal

Posted at 10:51h in 2021-12-23, Quick Hits by Jordy Leo

National Hydroelectric Power Corporation (NHPC), the largest state-owned hydropower enterprise in India, announced plans to construct hydro and solar projects of over 27,000 megawatts (MW) in nine states and neighboring country Nepal, as reported by Economic Times on December 19. Citing NHPC chairman and managing...

23 Dec POSCO to Pursue Carbon Neutrality by Constructing Mini Mills

Posted at 10:34h in 2021-12-23, Quick Hits by Jordy Leo

POSCO [5490:KS], the world’s fifth-largest steelmaker, plans to build two mini mills featuring low carbon emissions and high utilization rate by 2027, as reported by Korean Economic Daily on December 20. The two mini mills will use electric arc furnaces (EAF) to produce high-quality steel...

23 Dec India’s Energy Company ReNew Power Commissions 300 MW Solar Project

Posted at 10:04h in 2021-12-23, Quick Hits by Lexy Li

India’s renewable energy generator ReNew Power [RNW:US] announced the commissioning of a 300-megawatt (MW) solar project with Solar Energy Corporation of India (SECI), as reported by the Economic Times on December 21. The deal is part of ReNew Power's ambition to attain 8.2 gigawatts (GW)...

22 Dec Hanwha Solutions to Expand Caustic Soda Production for EV Batteries

Posted at 15:29h in 2021-12-23, Quick Hits by Lexy Li

South Korean Petrochemical Company Hanwha Solutions [9830:KS] announced a USD282.3m investment plan to expand the production of caustic soda, as reported by the Korea Herald on December 21. Caustic soda is a chemical material widely used as a purifying agent in manufacturing rechargeable batteries, such...

22 Dec China’s Daqo Collaborates with Baotou on Polysilicon Projects for Solar Industry

Posted at 15:02h in 2021-12-23, Quick Hits by Lexy Li

Xinjiang Daqo New Energy [DQ:US], a Chinese energy equipment company, has established a strategic partnership deal with the northern Chinese city of Baotou to enhance polysilicon, silicon metal, and silicone capacity, as reported by Sina Finance on December 20. The deal is in part driven...

22 Dec Iberdrola Acquires Australia’s Green Energy Solution Provider Autonomous Energy

Posted at 13:56h in 2021-12-23, Quick Hits by Jordy Leo

Spanish utility Iberdrola SA [IBE:SM] has purchased Autonomous Energy, an engineering, procurement, and construction (EPC) provider in Australia’s green energy sector, as reported by PV Tech on December 17. The acquisition will make Iberdrola’s Australian arm a ‘one-stop shop’ of renewable energy solutions, according to...

22 Dec Chinese E-Commerce Company Alibaba Pledges Carbon Neutrality by 2030

Posted at 12:22h in 2021-12-23, Quick Hits by Jordy Leo

Chinese e-commerce giant Alibaba [BABA:US] announced a carbon neutrality target for its operations by 2030 and pledged to reduce carbon dioxide (CO2) emissions by 1.5bn tons across all its businesses by 2035 from 2020 levels, as reported by Reuters on December 18. Specifically, the group...

20 Dec ADB to Provide USD660m Loan to A Monsoon Wind project in Laos

Posted at 11:47h in 2021-12-23, Quick Hits by Jordy Leo

BCPG Plc [BCPG:TB], a renewable energy unit of Thailand’s state-run Bangchak Corporation Plc [BCP:TB], would secure a THB22bn (USD660m) loan from the Asian Development Bank [ATB:AU] for developing a monsoon wind power generation project in Laos, as reported by Bangkok Post on December 17. With...

20 Dec BP to Supply Pipeline Natural Gas to China’s SPIC from 2023

Posted at 11:22h in 2021-12-23, Quick Hits by Jordy Leo

British Petroleum [BP:US] has signed a ten-year supply agreement with a subsidiary of China’s State Power Investment Corp (SPIC) to provide the latter with up to 200,000 tons of piped natural gas per year from 2023, as reported by S&P Global on December 16. BP...

16 Dec Tackling the Other Greenhouse Gas Emissions: Methane

Posted at 14:25h in 2021-12-16, Deep Dive by Helena Zhu

The conversation around decarbonization and climate change mitigation has long been dominated by the reduction of carbon dioxide (CO2), the most common greenhouse gas. However, during this year’s United Nations climate summit COP26, methane as another form of greenhouse gas rose to the spotlight in...

15 Dec EU’s Antitrust Veto to Halt Merger between Hyundai Heavy and DSME

Posted at 11:22h in 2021-12-16, Quick Hits by Jordy Leo

The restructuring plan between the world’s two largest shipbuilders, Hyundai Heavy Industries [HYYYF:US] and Daewoo Shipbuilding & Marine Engineering (DSME) [042660:KS], is set for an EU antitrust veto, as reported by Korean Economic Daily on December 12 citing people familiar with the matter. The EU...

15 Dec Australia’s Woodside Petroleum to Construct Massive Hydrogen Production Plant

Posted at 10:27h in 2021-12-16, Quick Hits by Jordy Leo

Woodside Petroleum [WPL:AU], Australia’s major petroleum exploration and production company, plans to build a new hydrogen and ammonia-producing plant near Perth with a production capacity of up to 1,500 tons a day, as reported by Nikkei Asia on December 11. Citing Woodside CEO Meg O'Neill,...