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Asia Pacific Energy leaders identify seven key trends for a sustainable energy future

Seven key actions enable a sustainable energy future Carbon-neutrality is paramount for the long-term economic prosperity of the region. Event partners included German Chambers of Commerce Abroad, Asia-Pacific Hydrogen Association, Global Manufacturing and Industrialization Summit, Masdar, and Siemens Gamesa More than 2,500 participants joined in the virtual discussions over two days.  SINGAPORE - Regional ...

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Wärtsilä’s flexible floating barge-mounted energy storage system will aid a Philippine operator in meeting grid requirements

The technology group Wärtsilä’s unique experience in delivering both power barges for electricity production and state-of-the-art energy storage solutions has resulted in a combined contract award. Therma Marine Inc. (TMI), a subsidiary of Aboitiz Power Corporation, one of the Philippines’ leading companies involved in power generation, distribution, and retail electricity services, has ordered a barge-moun ...

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Mitsubishi Power kicks off ammonia-fueled 40MW gas turbine development

The company aims to commercialise the turbine by 2025. To increase global focus on decarbonisation efforts, energy sector technology and solutions provider Mitsubishi Power has started the development of a 40 MW gas turbine fueled by 100% ammonia. According to a media release, Mitsubishi Power is eyeing commercialisation by 2025, after combustion and other testing. Firing of ammonia produces zero carbon dio ...

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Avacon uses mtu battery container from Rolls-Royce to test energy community concept of the future

    Field testing of how to integrate renewable energies into regional power grid •       Aim is to provide sustainable, efficient, and reliable electrical power An mtu EnergyPack from Rolls-Royce is at the center of a field test begin carried out in the German State of Niedersachsen with the aim of supplying power sustainably and as far ...

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ONGC plans to implement India’s first geothermal energy project at Ladakh

New Delhi: State-owned Oil and Natural Gas Corporation (ONGC) on Monday said it will implement India's maiden geothermal field development project in Ladakh that will use the heat generated by the Earth's core to generate clean energy.  "A memorandum of understanding (MoU) to formalise this has been inked by ONGC Energy Centre (OEC) with the Union Territory of Ladakh and Ladakh Autonomous Hill Development C ...

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Henkel unveils upgraded Innovation and Application Lab in Sydney

Henkel Australia has officially opened the upgraded Innovation and Application Lab in Seven Hills, Sydney, Australia. As a global leader in adhesives, sealants and functional coatings, the upgraded facility positions Henkel at the forefront of innovation for key growth sectors in Australia and New Zealand, namely food and beverage, packaging, engineered wood and general manufacturing and maintenance. Aamir ...

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Unlocking $40bn by revising Australias Clean Energy Policy

The Australian government should revise its renewable energy policy to unlock future investments of up to $40 billion within the power generation sector, according to a new study released by research firm Wood Mackenzie. Two thirds of the investments are expected to flow into new-build renewables by 2030, with equal amounts going into wind and solar. The remaining $14 billion will be invested in fossil fuel ...

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THE MINISTRY OF ENERGY AND ACWA POWER ACHIEVE MOMENTOUS MILESTONES AS UZBEKISTAN ENHANCES ITS CLEAN ENERGY CAPACITY

New developments on three major power projects with a combined investment value of $2.5 billion and capacity of 2500MWOfficial ground-breaking ceremony held for 1500MW CCGT power plant at the Sirdarya siteTwo Power Purchase Agreements (PPA) and Investment Agreements signed for two wind power plants in Bukhara and Navoi, with aggregate power generation capacity of 1000MWThe Uzbekistan Ministry of Energy, ACW ...

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Wärtsilä selected as a preferred supplier for AGL Energy’s up to 1,000 MW grid-scale energy storage plans

AGL Energy Limited, one of Australia’s leading integrated energy companies, has selected Wärtsilä as one of the two suppliers for their up to 1,000 MW grid-scale energy storage plans. Wärtsilä has signed a non-exclusive five-year Large Scale Storage System Frame Agreement to supply energy storage projects in partnership with AGL. This agreement will reduce tender timeframes for individual projects, enabling ...

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AES Sell Mong Duong 2 Coal Plant in Vietnam

The AES Corporation (NYSE: AES) signed an agreement on December 31, 2020 to sell its entire equity interest in the 1,242 MW Mong Duong 2 coal-fired power plant in Vietnam to a consortium led by a US-based investor.  This transaction is expected to close in late 2021 or early 2022, subject to customary approvals, including from the Government of Vietnam and the mi ...

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