Executive Committee of the National Economic Council has approved the revision in cost of land acquisition and built up property of Dasu Hydropower Project. The meeting of the ECNEC was held in Islamabad on Monday with Adviser to the Prime Minister on Finance Dr. Abdul Hafeez Sheikh presided in the chair. The chair also directed that the Ministry of Law may be requested to give its opinion in a week's time ...

Equinor, Korea National Oil Corporation (KNOC) and the Korean power company Korea East-West Power (EWP) have formed a consortium to develop floating offshore wind project Donghae 1, off Ulsan in South Korea. The consortium is currently launching the development of a 200MW floating wind farm near the KNOC-operated Donghae natural gas field, and will carry out a feasibility study for the wind farm. The constr ...

We have just over a decade to contain climate warming to below 1.5°C. Any feasible economic path to achieving that goal requires us to obtain nearly all of our energy—85 per cent by 2050—from renewable sources. It is technically possible to exit fossil fuels, if we are able to muster the political will to do so. We currently do not use all the technologies available to their full potential and only satisfy ...

Cambodia’s council of ministers announced Friday that it has approved four new large-scale solar power projects with 140 MW of total capacity. The projects, which were submitted by local group Schneitec Infinite, Chinese panel maker Risen Energy, Ray Power Supply, and Green Sustainable Ventures, will be constructed on a Build-Own-Operate (BOO) basis. A 20 MW solar park will be located in the Bavet province, ...

Black & Veatch’s new regional leader brings focus to integrated conventional, renewable, distributed generation and the power grid  Governments across Asia are tapping on innovations in generation, transmission and distribution technologies to fulfil their energy transition ambitions.  At the core of the energy transition is the need to address the increasing power demand that follows rapid populat ...

When the next round of Asian summitry kicks off later this month in Bangkok, one of the key areas that will be in the spotlight within U.S. policy will be the Washington’s approach to the Mekong subregion – a shorthand for the area in mainland Southeast Asia through which the Mekong River, one of the world’s longest and largest rivers, runs. While U.S. interest in the Mekong has been longstanding, the subre ...

The "New Silk Road" or Belt and Road Initiative is an ambitious project expanding China's trade and industrial reach into the rest of Asia and the world. Powered by traditional fossil energy sources, such a massive project creates another source pumping tons of CO2 into the atmosphere for decades to come. There is an alternative. China has a penchant for building things in a big way. That's certainly the ca ...

Liu Xiao spends her weeks visiting sludge and organic waste treatment plants across China. The travel can be tiring but as a technical and policy adviser on waste management she must help implement President Xi Jinping’s vision of a “beautiful China”. Ms Liu’s job is to provide technical assistance to governments and companies trialling the next generation of waste-to-energy technology: methane capture. The ...

The Indian billionaire behind the controversial Carmichael coal mine in Australia is hitting back at criticism the endeavor will be both unprofitable and too dirty. In an interview in New Delhi, Gautam Adani took aim at two major faults opponents have flung at the development: that the mine's low-quality coal won't earn enough money to justify his $2 billion investment, and that the world must abandon the f ...

Major trader Mitsui & Co. officially announced Saturday that it and government-linked Japan Oil, Gas and Metals National Corp. (JOGMEC) will jointly invest in a planned Russian-led liquefied natural gas project in the Arctic Ocean along the Russian coast. Tokyo has voiced its expectation for Mitsui’s participation in the large-scale project, calling it a centerpiece of the country’s economic cooperation ...