Insights

15 Dec Nippon Paper Develops Wood-Pulp Batteries for Small Electronics

Posted at 10:14h in 2021-12-16, Quick Hits by Jordy Leo

Japanese paper manufacturer Nippon Paper [3893:JP] has successfully lit an electric bulb with its self-developed battery made of cellulose nanofibers refined from wood pulp, as reported by Nikkei Asia on December 12. The wood-pulp battery serves as a supercapacitor in which nanofibers store and release...

14 Dec Sembcorp, BCG Energy to Develop 1.5GW Renewable Project in Vietnam

Posted at 11:09h in 2021-12-16, Quick Hits by Jordy Leo

Sembcorp Industries [SCI:SP], Singaporean energy and urban development company, signed an agreement with Bamboo Capital Group to jointly develop a 1.5 gigawatt (GW) renewable power project in Vietnam, as reported by PV Tech on December 10. The two groups sent their respective subsidiaries, Sembcorp Utilities...

14 Dec SUSI Partners Acquires 50% stake in Australian PV Company Starling Energy

Posted at 11:03h in 2021-12-16, Quick Hits by Jordy Leo

Swiss asset manager firm SUSI Partners has purchased a 50% equity in Starling Energy Group, an Australian installer of solar photovoltaics (PV) and energy storage systems for the residential sector, as reported by PV Tech on December 10. The transaction will provide capital to Starling...

13 Dec Kawasaki Heavy to Achieve Domestic Carbon Neutrality in 2030 with Hydrogen

Posted at 15:32h in 2021-12-16, Quick Hits by Jordy Leo

Japan’s Kawasaki Heavy Industries [7012:JP] announced on December 9 that it aims to reach carbon neutrality in 2030 in its domestic factories and offices, where it will use green electricity generated by a 100-megawatt (MW) hydrogen-fueled power plant it plans to construct, as reported by...

13 Dec Beijing City to Phase out Coal Use, Limit Natural Gas Consumption

Posted at 14:49h in 2021-12-16, Quick Hits by Jordy Leo

Beijing Municipality rolled out the city’s ecological and environmental protection plan for the 2021-2025 period, or the 14th Five-Year Plan (FYP) period, at a press conference on December 8, as reported by bjx.com on the next day. The plan focusing on carbon reduction outlined that...

13 Dec South Korea’s EcoPro BM to Build Cathode Material Factory in Hungary

Posted at 14:08h in 2021-12-16, Quick Hits by Jordy Leo

EcoPro BM [247540:KS], the largest cathode materials manufacturer in South Korea, announced a plan on December 9 to establish a cathode material plant in Debrecen, Hungary, with an investment of KRW970bn (USD824.1m), as reported by Korea Economic Daily on the next day. The factory is...

10 Dec Trafigura to Build USD540m Hydrogen Plant at Its Australian Lead Smelter

Posted at 16:39h in 2021-12-16, Quick Hits by Jordy Leo

Geneva-based commodity trading and logistics company Trafigura plans to construct a hydrogen plant worth AUD750m (USD540m) within its Port Pirie lead smelter in South Australia, as reported by Reuters on December 9. The Australian state government and Trafigura jointly funded the scheme with AUD5m (USD3.57m)...

10 Dec Longyuan Power Approved for Dual-Listing on A-share Market through Share Swap

Posted at 15:44h in 2021-12-16, Quick Hits by Jordy Leo

The world’s largest wind power producer Longyuan Power [0916:HK], a partially owned subsidiary of state-owned China Energy Investment Corporate (CEIC), has obtained approval from CSRC for a dual-listing on the A-share market through a stock swap, as reported by Shanghai Security News on December 8....

10 Dec South Korea’s LG Energy Solution Mulls USD2bn EV Battery Plant in Canada

Posted at 11:07h in 2021-12-16, Quick Hits by Lexy Li

South Korean electric vehicle (EV) battery maker LG Energy Solution (LGES) is in discussion with the government of Ontario in Canada on launching a USD2bn battery plant for EVs, as reported by the Korea Herald on December 9. The plant is part of LGES’s USD4.76bn...

09 Dec New SBTi Guidance for Private Equity Firm to Approach to Net-zero

Posted at 17:29h in 2021-12-09, Deep Dive by Tina Zhang

Development of SBTi in the Financial Sector The Science Based Targets initiative (SBTi) regards the financial sector as a crucial part in promoting the global decarbonatization and green economy transition. Through lending and investing, they have the power to reallocate resources to sustainable solutions and the...

09 Dec Thailand to Provide Discounted Electricity Price to Producers of EV Charging Piles

Posted at 14:00h in 2021-12-09, Quick Hits by Jordy Leo

Thailand’s state-owned Metropolitan Electricity Authority (MEA) plans to lower the electricity price for electric vehicle (EV) charging services providers, aiming to make charging facilities more available to the public, as reported by Bangkok Post on December 8. The preferential policy is expected to take effect...

09 Dec Woodside Petroleum Plans to Invest USD5bn in Clean Energy through 2030

Posted at 11:25h in 2021-12-09, Quick Hits by Jordy Leo

Woodside Petroleum [WPL:AU], Australia’s major petroleum exploration and production company, announced an investment worth USD5bn in clean energy by 2030, as reported by Bloomberg on December 8. On the same day, the enterprise announced a trial project of concentrated solar power in California, together with...

08 Dec China Scales up Desert Renewable Energy Build by Collecting Second-Batch Proposals

Posted at 15:58h in 2021-12-09, Quick Hits by Jordy Leo

China’s National Energy Administration (NEA) will soon launch the second batch of massive wind and solar power projects in the Gobi Desert and other arid areas, two months after President Xi Jinping announced the plan, as reported by Bloomberg on December 6. NEA has informed...

08 Dec China Rolls out Five-Year Green Development Plan for Industrial Sectors

Posted at 14:57h in 2021-12-09, Quick Hits by Jordy Leo

China’s Ministry of Industry and Information Technology (MIIT) on December 3 released a five-year green development plan of its industrial sectors, as reported by Reuters on the same day. MIIT reiterated the targets of lowering carbon dioxide emissions by 18% and energy intensity by 13.5%...