Metro Pacific Investments—the Philippine unit of billionaire Anthoni Salim’s First Pacific—said Monday it will invest as much as 23.8 billion pesos ($427 million) to become the biggest shareholder of solar energy firm SP New Energy. The company—which has investments in energy, water and toll roads in the Philippines—has completed the acquisition of 1.6 billion shares for 2 billion pesos, giving it an initia ...

Nozomi Energy created as a Japan-focused renewables platform targeting 1.1GW of generation by 2027 Nozomi will deliver onshore wind and solar power with first investment in Hergo Japan Energy Actis, a global investor in sustainable infrastructure, has launched Nozomi Energy, a new US$500 million Japan-focused renewables platform. Nozomi will target 1.1GW of onshore wind and solar power generation by 2027. T ...

Lithium-ion batteries: the pros and cons of using them in today's technology Lithium-ion batteries have become an increasingly popular choice in many modern devices, from smartphones to electric cars. They are highly efficient, have a longer lifespan than other battery types, and are relatively easy to create due to their simple design. However, like any technology, lithium-ion batteries have both advantage ...

In recent years, hydro power technology has been gaining a lot of attention worldwide due to its numerous benefits. It's a renewable and sustainable source of energy that doesn't emit greenhouse gases or other harmful pollutants. As a result, it's becoming increasingly popular among the ASEAN countries due to its potential to significantly reduce their dependence on fossil fuels, and produce clean energy. I ...

The Electric Vehicle Revolution In 1913, Henry Ford was able to offer motor cars at a cost effective price and mass produce them for everyone. This enable people to travel quicker, further and cheaper. Bye bye horsey! At the time, there was no shortage of oil, petrol was cheap so at the time it was a no brainer. Even back then, Thomas Parker who was responsible for electrifying the London Underground made t ...

System combines DEME Offshores' install capabilities with Lifra's two crane approach (DEME Offshore)   Offshore installation company DEME Offshore is partnering with Lifra, a specialist in lifting and transportation solutions, to develop a new installation method for the next generation of wind farms. The companies will integrate Lifra’s crane technology on board DEME’s vessels which are already active ...

SINGAPORE : Mitsubishi Power, a subsidiary of Japanese company Mitsubishi Heavy Industries, has started operations of a natural gas turbine at a gas-fired power plant project in Thailand's Rayong province on March 31. This natural gas turbine is the fifth of its kind of a total of eight to be delivered under a full turnkey 5,300-megawatt contract secured by Mitsubishi Power in 2018, it said in a statement o ...

Kaho Yu lists four enabling factors that could help ASEAN to drive its renewable energy transition. The ASEAN region, one of the fastest-growing energy and power markets in the world, has witnessed a surge in renewable energy investments. The International Energy Agency forecasts that energy demand in the ASEAN region will grow by as much as 60% by 2040, where coal will continue to play a major role in the ...

Jakarta (ANTARA) - State electricity firm PT PLN is cooperating with the International Energy Agency (IEA) to finalize the Just Energy Transition Partnership Investment and Policy Plan (JETP IPP) for accelerating Indonesia's energy transition. "We have the same vision for the future, that is, a future of sustainable energy that brings prosperity and glory to the nation and the world," PLN President Director ...

Green energy firm Serentica Renewables announced the appointment of Akshay Hiranandani as the Chief Executive Officer. Akshay Hiranandani served as the Corporate Finance lead for Serentica from 2021 to 2023. Under his leadership, Serentica executed the strategic capital raise for the organisation. In the career spanning two decades, Akshay Hiranandani has spearheaded a series of high-impact capital infrastr ...