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Philippines touted as 2nd best investment destination for renewables in SE Asia

THE Philippines is the second best investment destination for renewable energy (RE) in Southeast Asia with resources that can generate up to 3,000 gigawatts (GW), and a “highly-liberalized” active spot market, according to a report from HSBC Global Research. In deciding the rankings, the independent research house considered the entry barriers and regulatory environments of six Southeast Asian countries. Th ...

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Climate change: Carbon ‘surge’ expected in post-Covid energy boom

image captionCoal-fired power stations like this one in Guizhou province, China are expected to play a role in the carbon surge The International Energy Agency (IEA) is predicting a major surge in CO2 emissions from energy this year, as the world rebounds from the pandemic. Total energy emissions for 2021 will still be slightly lower than in 2019, the agency says. But CO2 will rise by the second largest ann ...

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Scientists say Northeast Asian supergrid would spark an ultra-cheap renewable energy boom

Chinese scientists have proposed the construction of a “super grid” that would connect Northeast Asia’s major economies and make renewable energy as cheap as coal, they say. China, Russia, Mongolia, South Korea, North Korea and Japan would all be connected. The region currently consumes a third of the world’s electricity, with demand set to double by 2050. According to the study, published this week in the ...

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Power industry contracts in Asia-Pacific for Q1 2021 up 7%

Asia-Pacific power industry contracts activity in Q1 2021 saw 315 contracts announced, marking a rise of 7% over the last four-quarter average of 295, according to GlobalData’s power database. Power contracts activity in Asia-Pacific by volume; YearMonthCountQ1-20276Q2-20256Q3-20328Q4-20320Q1-21315 Asia-Pacific power industry contracts in Q1 2021: India leads activity Looking at contracts by country, India ...

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Mita-Teknik SCADA system reaches 20 percent market share

As analytical, predictive maintenance and forecasting tools are becoming essential in today’s wind farm operation, Mita-Teknik is gearing up to embrace the digital challenges of the coming years. In 2018, the Danish automation and green tech company Mita-Teknik launched their new Miscout 5 SCADA solution. Since then, the system has been extended and fine-tuned, and today, the multi brand SCADA solution is m ...

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Japan embarks on hard path to zero net carbon emissions by 2050

An expert panel charged with mapping out a plan for Japan to achieve zero net carbon emissions by 2050 met for the first time Wednesday, focusing on what the revised target for 2030 should be and how to structure a carbon tax. But Japan faces big hurdles in shifting to a more ambitious climate agenda. Analysts say that, if the country is to become a net emitter by 2050, then it will have to cut em ...

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Fluence receives wave of orders in China and South East Asia

Fluence (FLC) has secured its first volume contract for the Yangtze River Great Production Program managed by China Three Gorges GroupHeadquartered in New York, Fluence is a leader in the decentralised water, wastewater and re-use treatment markets with its smart-product solutions —Aspiral, NIROBOX and SUBREThe Three Gorges orders, worth US$2.2 million (roughly A$2.9 million), are set to impact 11 Chinese p ...

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ACWA POWER SIGNS FINANCING PACKAGE FOR USD1 BILLION GAS POWER PROJECT IN UZBEKISTAN

1500 MW Sirdarya CCGT plant to provide cleaner, more efficient and cost-competitive gas power that can be utilised across industries in Uzbekistan and is expected to meet 15 percent of power demand in UzbekistanSyndicate of seven international lenders to provide USD750 million senior debt for the project ACWA Power, a leading developer, investor and operator of power generation and desalinated water plants ...

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Completion of Chubu Electric Power Grid Hida Converter Station Equipped with Hitachi’s Frequency Converters

Contributing to a stable supply of electricity by enabling efficient interconnection between Tokyo and Chubu regions with HVDC TechnologyTOKYO, Hitachi, Ltd. (TSE: 6501) announced that the operations of the Hida-Shinano frequency conversion facility have commenced, enabling the Shin-Shinano Substation of TEPCO Power Grid, Inc. (TEPCO) to be connected to the Hida Converter Station of Chubu Electric Power Gri ...

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3E is Setting New Standards in the Digitalisation of Renewable Energy Assets

Today, 3E is proud to share some exciting insightsinto its new positioning and its expanding range of digital solutions. 3E aims toset new standards in the digitalisation of renewable energy assets with SynaptiQ, the one-stop digital platform and its new upcoming applications Solar Analytics and Wind Analytics (co-creation with LivLi ...

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