As the need to shift to more sustainable forms of energy becomes more pronounced due to climate change, insurance will be crucial in helping Asian nations in achieving the transition to renewable energy, according to a report by Willis Towers Watson. In its inaugural ‘Renewable Energy Market Review for 2020’ report, the global consultancy and brokerage identified several realities that the insurance industr ...

While developed nations in Asia-Pacific are completely digitizing their water assets and establishing smart water grids, the developing nations are focusing more on building the infrastructure needed to provide safe and reliable drinking water and sanitation facilities. The urban water infrastructure market is expected to surge ahead with key investments in the replacement of old pi ...

Hong Kong listed VPower Group International Holdings Limited (VPower Group), a leading DPG station owner and operator in Asia, announced today (10 February) that the Group and China National Technical Import & Export Corporation (CNTIC) have set up a joint venture company with nominal equity capacity, held as to 50% by each party, for the investment in, development and operation of three power projects ...

Clenergy (Xiamen) Technology Co. Ltd  (Shanghai Stock Exchange: SHA: 608628) (“Clenergy”), a leading high-tech company specialising in solar PV power stations (project business, development, investment and EPC) and Obton, a Danish solar photovoltaic (PV) business specialised in acquisition, development and management of solar projects, closed the sale of a 65 MW solar farm power project in Ganzlin, Germany. ...

Indonesia needs to sign a new renewable energy contract in the next three years to counter its massive demographic shift, according to a report in 'Indonesia Clean Energy Outlook'. The country is Southeast Asia's largest economy and democracy and is rapidly approaching a demographic shift in the next ten years. Experts claim that Asia's next clean energy battle will not be in India or China but in ...

NGK SPARK PLUG CO., LTD. (NTK) and Mitsubishi Hitachi Power Systems, Ltd. (MHPS) today announced the establishment of CECYLLS Co., Ltd., a joint venture company on January 29.  The two companies had concluded an agreement in July 2019 to establish the joint venture to manufacture and sell cylindrical cell stacks(1) as the power generating elements used in solid oxide fuel cells (SOFC)(2).  MHPS' S ...

The multinational conglomerate General Electric employed FPT Global to supply experienced electrical and mechanical technicians for the 38 unit Tsugaru Wind Farm located in Aomori, Japan. The main scope of work consisted of clearing punch lists and assisting in accelerating the current rate of mechanical completion handover(s) by pre-inspecting the wind turbine towers. A key focus on this project was placed ...

The cooperation between India and Nepal in the hydropower sector would help the Himalayan nation, blessed with enormous hydel potential, reduce huge trade deficit with India, a top Indian diplomat said on Monday. Charge d''Affaires of Embassy of India, Nepal Ajay Kumar while addressing a programme organised by Nepal India Friendship Society in Kathmandu to mark the 71st Republic Day of India said the relati ...

Almost 627GW of new wind capacity is expected to be installed by 2028, according to analysis by Navigant Research. The 'Global Wind Energy Overview' report said the new capacity represents a market worth of more than $92bn in 2019 and over $1 trillion during the period. Navigant said installations were flat from 2017 to 2018, but “behind the flat figures are profound shifts throughout global wind power mark ...

Sunseap Group Pte Ltd has secured a total of $50 million from ABC World Asia, an Asia-focused impact investing private equity fund, and Temasek, a global investment company headquartered in Singapore. Sunseap’s President and Executive Director Mr Lawrence Wu said:”Sunseap was founded on the idea that we could provide attractive clean energy solutions to businesses and individuals on a commercially viable ba ...