Indonesia, the world’s largest thermal coal exporter, vowed to subsidize the development of renewable energy and open the nation's first nuclear power plant by 2045 in a draft bill proposed on June 8, as reported by Strait Times on the same day. According to the...
The Glasgow Financial Alliance for Net Zero (GFANZ), a coalition of global leading financial institutions, launched an Asia-Pacific (APAC) network and office in Singapore on June 8, as reported by Nikkei Asia on the same day. This marks the first-ever regional office of GFANZ. The...
Japan’s Toyo Engineering [6330:JP] will team up with Indonesia’s government enterprise Pupuk Indonesia Holding Company (PIHC) to launch a feasibility study for producing green ammonia in Indonesia, as reported by Nikkei Asia on June 3. The feasibility study will be conducted at the fertilizer plants...
Toyota Tsusho [8015:JP], the trading arm of Toyota Group [7203:JP], will pay JPY185bn (USD1.43bn) to purchase the remaining 40% equity in Japanese renewable company Eurus Energy from Tokyo Electric Power [9501:JP], as reported by Bloomberg on May 26. Eurus Energy develops renewable power projects worldwide...
The South Australia government is planning new legislation to accelerate local hydrogen development, as reported by Reuters on May 31. The new law aims to license and regulate hydrogen production in the state and will apply to all forms of hydrogen, including green hydrogen produced...
The Group of Seven (G7) will expand an initiative to help developing countries, including Indonesia, Vietnam, India, and Senegal, phase out coal, as reported by Nikkei Asia on May 16. At the COP26 global climate summit last October, the G7 launched the initiative, offering USD8.5bn...
Hainan, the southeastern province of China, has drawn up a four-year development plan (2022-2025) to form an offshore wind power industry chain worth RMB50bn (USD7.36bn) by 2025, as reported by Sina on May 14. According to the plan, by 2025, the island province will build...
Taiwan-based Foxconn [2317:TT], the world’s largest contract electronics manufacturer, vowed to reduce emissions by 21% from 2020 levels before 2025, then by 63% before 2035, as reported by Nikkei Asia on April 23. On Earth Day, Foxconn announced a plan to have green energy account...
The Solar Energy Corporation of India (SECI), a public sector under India’s Ministry of New & Renewable Energy, has issued the tender for establishing a Standalone Battery Energy Storage System (BESS) with a storage capacity of 1000 megawatt-hours (MWh) or 500 MW for two hours,...
The Indian government plans to roll out a Production Linked Incentive (PLI) Scheme to offer subsidies to producers and exporters of green hydrogen or ammonia, as reported by Economic Times on March 14. The incentives could cover areas including electrolyzers and their components, storage facilities...
China plans to build 450 gigawatts (GW) of solar and wind power capacity in the Gobi Desert and other desert areas, as reported by Reuters on March 5. More than half of the capacity will be installed in four desert areas of Inner Mongolia, Kubuqi,...
Inner Mongolia, China’s second-largest coal-producing region and the biggest renewables producer, released a five-year plan (FYP) to build a hydrogen industry worth over RMB100bn (USD15.83bn) from 2021 to 2025, as reported by power market monitor bjx.com.cn on March 1. The plan aims for a hydrogen...
Global oil and gas trader Shell [RDSA:LN] has agreed to purchase a 49% equity in wind farm developer WestWind Energy's Australian arm, as reported by Reuters on March 2. WestWind Energy has plans to develop a three-gigawatt (GW) wind project pipeline across Australia’s Victoria, New...
Australian iron ore billionaire Andrew Forrest announced that he will invest AUD3bn (USD2.19bn) through his company Squadron Energy to acquire a two-stage renewable energy project, as reported by Reuters on February 27. The project will be based in central Queensland and will develop wind, solar,...
India’s Ministry of Power announced that the country seeks to phase out diesel use in agriculture and replace it with renewable energy by 2024, as reported by Reuters on February 11. In February 2020, the Indian government announced an incentive program to encourage farmers to...
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
English 
简体中文 
繁体中文 
日本語 
Français 
Español