Through a private placement, Kongsberg Digital acquires additional shares in NorSea Digital, now KONCIV, together with the private investor Jacob Møller. NorSea remains its largest owner. The company provides digital logistics services through its cloud solution.  Kongsberg Digital, a subsidiary of the Kongsberg Group, is a leading software company witihin digitalization of the energy sector and the ma ...

SAGAING and YANGON – Myanmar is rushing ahead with a major solar power initiative amid the Covid-19 pandemic, giving potential investors just a month to submit bids and raising questions about the tender’s intent and viability. The Ministry of Electricity and Energy published a notice on its official Facebook page dated May 18 inviting companies to submit pre-qualifying bids to construct solar energy p ...

New SG 14-222 DD offshore wind turbine is intended to be used for the 300 MW Hai Long 2 project Further discussions ongoing regarding deployment of new turbine for the rest of the 1,044 MW Hai Long pipelineSiemens Gamesa’s manufacturing footprint in Taiwan will drive the introduction of the turbine in Asia Pacific, starting with the Hai Long 2 project Siemens Gamesa Renewable Energy (SGRE) and Hai ...

The Asian Development Bank (ADB) has signed a THB235.55 million ($7.2 million equivalent) loan with Lomligor Company Limited (Lomligor), a subsidiary of BCPG Public Company Limited (BCPG), to finance a 10-megawatt (MW) wind power plant in southern Thailand. The project utilizes an integrated 1.88-megawatt-hour (MWh) pilot battery energy storage system to increase the amount of renewable energy delivered to ...

Indonesian coal miners are struggling with slow demand this year as businesses in India, one of the country’s major coal markets, hit the brakes due to a prolonged lockdown to contain the COVID-19 outbreak,  a data firm has said. The South Asian country’s coal imports, a commodity mostly used for power generation, is projected to decrease by 19.1 percent year-on-year (yoy) to 149 million tons, acc ...

High-income economies have privatised their electricity distribution businesses to promote competition and efficiency in the power sector. Electricity regulator protects the interests of consumers. Electricity regulator acts as a legal and enforcement agency and balances the interests of both government and private investors. Globally, distribution utility privatisations have affected the sectoral output po ...

~ Spearhead projects show potential of “wonder material” in renewable energy ~ There is huge demand to find greener renewable alternatives to our traditional, finite energy sources. Now, graphene is unlocking new possibilities within the energy sector, creating a more efficient and sustainable future. Here, Francesco Bonaccorso, deputy head of innovation of the Graphene Flagship, explains how its researcher ...

 In Asia Pacific, Total Solar Distributed Generation (DG) has completed nearly 8 MW of roof-mounted solar systems so far in 2020, and is projected to complete construction of key projects by end 2020, growing its portfolio of operating solar energy assets in the region by around 60 MW. Photo: The Bolloré Logistics Green Hub in Singapore, with solar rooftop by Total Solar DG completed in February 2020. ...

 Coal power plant construction will push ahead in Asia despite falling electricity demand and environmental concerns as policymakers prioritize boosting economies crippled by the coronavirus pandemic, analysts say. Fossil fuel demand will plummet this year as lockdowns sap electricity use, the International Energy Agency said in an April report. The European Union, International Monetary Fund and the U ...

The COVID-19 pandemic has changed the world. It is a truly global threat, ignoring national borders and domestic politics. But this pandemic highlights the need for a global response to a second key global threat: climate change. It is now more important than ever to listen to the advice of experts before it’s too late. Despite the current global economic shutdown, the global energy transition is well under ...