The private financiers at New York and other global hubs are increasingly investing in solar projects but overall funding volumes have not returned to 2014 and 2015 highs, according to Mercom (Image credit: Sam Valadi / Flickr) Solar finance has entered a new decade riding a wave of corporate attention and upbeat stats but must pick up the pace in the coming years if the world is to avoid destructive global ...

China has a lot to offer the ambitious Asean Smart City Network project and has pledged to share its experience and technologyBut the rise of anti-China sentiment in Asean over South China Sea tensions and unpopular Mekong dam projects may hinder cooperation China’s Premier Li Keqiang (centre) poses for a group photo at the 22nd Asean-China Summit in Bangkok last November. Photo: AFPChina is the latest nati ...

Human activities currently consume close to 150,000 terawatt-hours of energy each year – 25 times more than in 1800. Today’s energy supplies are largely derived from fossil fuels, which have been proved to contribute significantly to climate change. “It's clear that they are great pollutants,” Eddie Rich, CEO of International Hydropower Association, a non-profit organisation working to advance sustainable h ...

Enel Green Power set a new record in 2019 within the renewable energy industry by building more than 3GW of capacity. Enel built around 190MW more renewable energy capacity in 2019 than in 2018, a 6.5% increase. The milestone makes Enel the largest private renewable energy player at global level Enel built 47 facilities of which the majority were wind (1,813 MW) and then solar (1,193 MW).  Around 1,072 ...

•       The Berlin company is to become the competence center for microgridsolutions within the group's Power Systems division •       Merger creates broad range of battery storage options for microgrids of all sizes, encouraging eco-friendly distributed power supplies •       To ...

Global offshore wind giant Ørsted said that Matthias Bausenwein, President of Ørsted Asia Pacific, has been appointed to the new role as Head of the Asia Pacific Region (APAC), based in Taipei. He will continue to lead the regional activities but in a now strengthened setup, holding end-to-end responsibility for the offshore wind business in Asia-Pacific. Furthermore, Christy Wang, until now Head of Regulat ...

The hydro-electric power plant planned in Luang Prabang will not have any big transboundary impact on Thailand, said the head of Laos' Department of Energy Policy and Planning, who argued that with Thailand's support, the project stands to benefit everyone. Department chief Chansaveng Buongnong said hydro-electric power generation lies at the heart of Laos' core economic development strategy due to the abun ...

BP inks deal with R&B as oil giant continues to beef up its presence in the fast expanding energy management market BP Ventures has made a foray into the fast expanding artificial intelligence (AI) market in China with a $3.6m investment in energy management specialist R&B, the firms announced this morning. R&B's energy management systems apply AI analytics to predict, control and improve a buil ...

2019 has been transformative for the Asia Pacific LNG market. Greater innovation, evolving business models, new structures and alternative approaches to risk management have all had a part to play in shaking up the world’s largest LNG market. KEY THEMES OF CHANGE IN 2019: More choice, more buyers Asian buyers now have far more choice over LNG supply and pricing. Previously limited (largely) to JCC or Henry ...

After the Government Office's notification No. 402/TB-VPCP dated 22 November 2019 on solar power FiT2 and auction scheme, the MOIT has coordinated and consulted with EVN, MOF and MOJ to finalize its draft solar power FIT2. On 31 December 2019, a final draft submission letter from MOIT (with signature but no stamp) (NB: no draft FiT2 PM Decision attached also) for FiT2 PM Decision has been internally circula ...