Kazakhstan's Zhanatas wind power plant, the largest of its kind in Central Asia, will get loans of 46.7 million U.S. dollars from the Asian Infrastructure Investment Bank (AIIB). The 100 megawatt wind power plant, located in south Kazakhstan's Zhambyl Region, is the first project funded by the AIIB in Kazakhstan. Upon completion, it will deliver electricity of approximately 319 GWh per year, according to a ...

Energy demand in Asia will double ten years from now, according to the Asian Development Bank (ADB). Enhancing renewable energy usage in Asia will be vital, which investors, energy providers, and the World Green Organisation (WGO) discussed at the 2nd ESG forum organized by the Asset Events. Despite sustainability being top of the agenda for many Asian governments, corporates and investors, coal remains one ...

State Grid Corp. of China has agreed to acquire a 49% stake in Oman’s state-owned power transmission company in the first major privatization by the Middle East’s largest non-OPEC oil producer. The Chinese state-owned company announced the deal on its website Monday, without providing any financial details. The statement confirmed an earlier Bloomberg News report. State Grid will buy the stake in a transact ...

India’s first wind project has been commissioned in the State of Gujarat. The 30MW project was awarded to ENGIE on a Build Own Operate (BOO) model in December 2017. It was issued by Gujarat Urja Vikas Nigam Limited (GUVNL), the State’s distribution company, under a 25-year PPA at a tariff of INR 2.44/KWhr through completive bidding and e-reverse auction. The project, located near Tithwa and Pachdwarka villa ...

Several large multinational companies, including Kimberly Clark, Unilever and Lixil, recently gathered in India with the World Bank, various NGOs and government officials to meet with sanitation entrepreneurs, or sanipreneurs, to address the worldwide sanitation crisis. Their goal: to come up with new ways to turn human waste into valuable resources, including renewable energy. While toilets and indoor plum ...

The Association of Southeast Asian Nations (ASEAN) has set an ambitious target of securing 23 percent of its primary energy from renewable sources by 2025 as energy demand in the region is expected to grow by 50 percent. According to the International Renewable Energy Agency (IRENA), this objective entails a “two-and-a-half-fold increase in the modern renewable energy share compared to 2014.” With the rapid ...

FRENCH energy company Total on Monday opened its new Asia-Pacific headquarters at Frasers Tower, which will improve its operational efficiency and drive its business growth in liquefied natural gas (LNG) and renewable energies. Situated on Cecil Street, the headquarters spans about 125,000 square feet, a 65 per cent increase from its old premises in Odeon Towers and Raffles City. The six-storey office space ...

The contours of the energy transition have grown clearer this year. Renewable energies have grown at a record pace over the past decade, but so have carbon emissions, rising 1.5% in 2017 and 2.1% in 2018. The West and its Asian allies seem to have grasped this reality, and are now betting on a source and technology that could initiate a whole scale transformation of the global energy system: hydrogen. It is ...

 SUEZ has signed one contract in Singapore and one in Malaysia with a total value of EUR10.8 million. PUB, Singapore's National Water Agency, has chosen SUEZ to expand, and maintain a system for real-time monitoring and optimization of reservoir and catchment operations for a period of four years. This is aligned with the Smart PUB Roadmap that targets to meet Si ...

Indonesia must stop building new coal-fired power plants by 2020 if it wants to do its part to cap global warming under the targets of the Paris climate agreement, new analysis shows. The country is one of the few still actively planning and constructing new plants, putting it on a trajectory to miss its climate commitments, aimed at limiting global warming to 1.5 degrees Celsius (2.7 degrees Fahrenheit) ab ...