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Shaping Asia’s Energy Future

CLEAN WATER, sanitation, healthcare, transport, lighting, cooking, heating–these are energy driven elements essential to human wellbeing and a country’s economic activity and social development – yet not accessible to the world’s energy poor, the majority who are living in Asia and the Pacific. Today, more than 700 million people in the region have no access to electricity. With the threats of climate chang ...

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Large-scale Solar PV – 73% fall in LCOE since 2010!

Large-scale solar PV is leading the charge as all renewable sources of electricity race towards competitiveness with conventional generation, a milestone that IRENA says is set to be reached by 2020. Noting that the levelized cost of electricity (LCOE) from utility scale solar has fallen by 73% since 2010, IRENA forecasts that cost to half again by 2020. The impressive numbers were delivered as a part of IR ...

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Creating a strategy for PEV Solutions

If energy utilities want to forge a place in Australia’s evolving energy ecosystem they need to create a strategy for providing PEV solutions, writes Charlie Richardson. Alongside the many insights into the National Electricity Market (NEM), the Finkel Review found that the uptake of plug-in electric vehicles (PEVs) combined with a decarbonised grid could help to achieve significant emissions reductions in ...

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Nexif Energy Signs EPC Contract in Thailand

Nexif Energy (Nexif), a leading independent power producer in Asia and Australia, announced that it has signed an engineering, procurement and construction (EPC) contract for its 110 megawatt (MW) cogeneration project in Thailand’s Rayong Province. Nexif acquired the project in June 2017 and is making rapid progress towards achieving financial close in the first quarter of 2018. “We are encouraged by the pr ...

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LVL Energy Looking to South East Asia

Sri Lanka’s LVL Energy Fund will invest in South Asia and Africa due to limited growth potential in the island due to the lack of stable policy and transparent energy pricing. LVL Energy Fund raised Rs1.2 billion with a public offering of a 20.6% stake in the company in December 2017. A share was priced at Rs10, which was 2.04 times net asset value as at end March 2017. The share traded on the Colombo Stock ...

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Indonesia exceeds 2017 Renewables Target

According to Indonesia’s Energy and Mineral Resources Ministry, as of December 2017, renewable energy contributed to 12.62% of total national electricity supply in Indonesia. This exceeds the 2017 state budget target of 11.96%. The renewable supply comes from both state-electricity firm PLN and a selection of private companies, according to the Jakarta Post. PLN, or Perusahaan Listrik Negara, is the Indones ...

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Hyundai’s New HFC SUV at CES

As car manufacturers battle to dominate the lithium-ion-powered e-vehicle scene, Hyundai has decided to go against the flow by unveiling its newest hydrogen fuel cell SUV at CES 2018. On Monday, the South Korean automaker, Hyundai, introduced its latest car model at CES 2018 in Las Vegas. However, instead of equipping it with the now popular lithium-ion car battery, the company’s newest utility vehicle is p ...

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Black & Veatch Launch Atonix Digital

NEWS ANNOUNCEMENT Atonix Digital™ to provide data-driven infrastructure solutions New Black & Veatch company focuses on data analytics to drive efficiency OVERLAND PARK, Kan. (5 January 2018) -- Responding to the widening importance of Big Data analytics across the global business landscape, leading engineering, construction and consulting company Black & Veatch today launched Atonix Digital ...

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UK Development Financier Launches Ayana Renewable Power

CDC, the UK government’s development finance institution, has launched a new independent solar and wind generation company to focus on India and neighbouring South Asian nations. Ayana Renewable Power, entirely funded by CDC, will develop “hundreds of megawatts” of generational capacity with a focus on what it named “underserved” Indian states as well as the neighbouring countries of Bangladesh, Nepal, Myan ...

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Kathmandu Government Urges Massive Hydro Power Investment

KATHMANDU — President Bidya Devi Bhandari has urged the government and the private sector to increase investment in hydropower sector as it is the basis of economic prosperity of the country. Inaugurating the ‘Himalayan Hydro Expo-2018′ organised by Independent Power Producers’ Association Nepal (IPPAN) here today, President Bhandari drew the attention of stakeholders to increase the investment finding out ...

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