Vena Energy, one of Asia-Pacific’s leading independent power producers (IPP) and pure renewable energy company, has announced the successful issuance of a benchmark USD 325 million (5-year 3.133 percent fixed rate) green bond offering. This is the first corporate USD Green Bond issuance from a Singapore-based company. The Green Bond rated BBB- by Standard & Poor’s and listed on the Singapore Exchange, i ...

Indonesia should enact clean energy auctions, not feed-in tariffs (FiTs), to meet its renewable energy goals, according to the Institute for Energy Economics and Financial Analysis (IEEFA). In a new report out last Friday, the think tank hailed the country's recent announcement that it will replace 13GW+ of aging fossil fuel plants with clean energy as a matter of “national priority”, to drive pro ...

Health and safety concerns in the wake of the spread of the novel coronavirus (Covid-19) have prompted organisers of international wind power and energy summits to cancel or postpone their events. The European Chamber of Commerce Taiwan (ECCT) and the Global Wind Energy Council (GWEC) have decided to postpone the Global Offshore Wind Summit that had originally been scheduled for 21-23 April, 2020, to a date ...

From an artificial island in Sri Lanka to a bridge in Bangladesh and hydropower projects in Nepal and Indonesia, China’s trillion-dollar Belt and Road plan is stuttering under the effects of the deadly coronavirus. The outbreak that emerged in China in late December and spread to dozens of countries has cut off the Chinese labour supplies and equipment imports needed to keep major infrastructure projects ru ...

Iren S.p.A., through its subsidiary Iren Energia S.p.A., signed a contract with Ansaldo Energia for the new combined gas cycle realization, with aninvestment of approximately €180 million, which will increase installed capacity at the Turbigosite, which is all natural gas fed, from the current 850 MW to around 1,280 MW. The expansion of the capacity for 430 MW obtained a remuneration in the Capacity Market ...

Australia is the world’s third largest fossil fuels exporter – a fact that generates intense debate as climate change intensifies. While the economy is heavily reliant on coal and gas export revenues, these fuels create substantial greenhouse gas emissions when burned overseas. Australia doesn’t currently export renewable energy. But an ambitious new solar project is poised to change that.  The propose ...

While India is taking small steps towards electrifying vehicles, power minister Raj Kumar Singh believes that the country will eventually become an electricity-based economy, powered by renewable energy. Singh added that the entire power sector is going through a revolution, which will continue in the future as well. Speaking on the sidelines of an event hosted by Energy Efficiency Services Ltd (EESL), Sing ...

Energy use will be increasingly efficient and less carbon intensive than it is today Policy. Technology. Consumer preferences. All three impact how the world uses energy. Each driver influences the other. The interplay between these can vary depending on local circumstances (available resources, public support) and can change over time. At ExxonMobil, we are continually studying energy demand and developing ...

Sitac Kabini wind farm in Gujarat will feature 112 of the company's 2.7MW turbines GE Renewable Energy has received an order from the EDF-Sitac joint venture to supply and install 112 turbines at the 300MW Sitac Kabini wind farm in Gujarat, India. The project will feature 2.7MW units with with 132-metre rotors, which have been designed primarily at GE's technology centre in Bangalore, the company said. Sita ...

EDRA POWER HOLDINGS SDN BHD 201501039563 (1164881-X)REQUEST FOR EXPRESSION OF INTEREST (“RFEOI”) Edra Power Holdings Sdn Bhd (“Edra”) is one of South East Asia’s leading international independent power producers which owns and operates a diversified portfolio of power generation assets in Malaysia, Egypt, Bangladesh, Pakistan and the United Arab Emirates. For more information on Edra, please visit ...