Asia – Pacific – Page 180 – The Leading Solar Magazine In India

Three More Solar Developers in Telangana to Receive GST and VAT Refunds

Construction of Nepal’s largest solar power project gains speed

January 12, 2021 Anand Gupta

KATHMANDU: The construction of the largest Solar Power Project of Nepal is gaining speed in Jhapa district. Jhapa Energy Limited, founded two years ago, is constructing 10 MW solar power plant in 7.27 acres of land in Shivasatakshi Municipality-3 and 4 of the district. The project has an estimated cost of Rs. 790 million of […]

Asia - Pacific

Green energy’s share of power generation lagging far behind conventional sources

January 12, 2021 Anand Gupta

Though Bangladesh has made substantial strides in overall power generation over three terms of the Awami League, the government’s efforts to meet its own target for power generation from renewable energy have failed to keep up. The Power System Master PLan (PSMP) 2016 had set a target to reach the renewable energy’s share to 10 […]

STATEMENT- China Commits to Stronger Climate Targets at Climate Ambition Summit

Asia - Pacific

Will China do for Hydrogen what it did for solar power?

January 12, 2021 Anand Gupta

China has already accelerated the adoption of solar power around the world, and now there is hope that it could do the same for hydrogen. Already the world’s largest producer of hydrogen power, much of this production is tied to fossil fuels, raising the question of whether China can ever fully embrace green hydrogen. While […]

UAE and Britain powering ahead to green energy targets

Asia - Pacific

The Dark Side of Going Solar

January 12, 2021 Anand Gupta

In an energy sector dominated for more than a century by polluters, the relatively small solar-power industry has been the good guy. Now it has a darker side. To be clear, using silicone cells to trap the sun’s rays and turn them into fuel is still better for the climate than burning fossil fuels. But […]

Libya’s main airports and solar projects could be funded by the Stability Support Fund

Asia - Pacific

Bangladesh’s 35MW Spectra Solar Park comes online

January 12, 2021 Anand Gupta

Another utility scale solar power plant has come online in Bangladesh as the government presses ahead with an ambition to generate 10 per cent of the nation’s electricity from renewables, reports PV Magazine. The 35MW Spectra Solar Park Limited joint venture, formed by Bangladeshi company Spectra Engineers Limited and Hong Kong-based Shunfeng Investments Limited, had […]

Asia - Pacific

Taiwan’s Wiwynn to buy solar power under PPA

January 12, 2021 Anand Gupta

Taiwanese cloud IT infrastructure company Wiwynn Corp (TPE: 6669) last week announced a power purchase agreement (PPA) with local renewables retailer Mr. Watt for electricity from a solar project. Wiwynn is the first firm in the IT services industry in Taiwan to buy renewable energy after the country adopted the amended Electricity Act, which makes it […]

Asia - Pacific

XPeng Inks Strategic Cooperation Agreement with Banks for RMB12.8 Billion Credit Facilities

January 12, 2021 Anand Gupta

Guangzhou, China: XPeng Inc. (“XPeng” or the “Company”, NYSE: XPEV), a leading Chinese smart electric vehicle (“Smart EV”) company, announced it signed a strategic cooperation agreement with leading domestic banks at a signing ceremony held today in Guangzhou, China, pursuant to which it will secure a credit line of RMB12.8 billion with an extensive […]

FILE PHOTO: Trading information for KKR & Co is displayed on a screen on the floor of the NYSE in New York

Asia - Pacific

KKR CLOSES INAUGURAL ASIA PACIFIC INFRASTRUCTURE FUND AT US$3.9 BILLION CAP

January 11, 2021 Anand Gupta

HONG KONG: KKR, a leading global investment firm, today announced the final close of KKR Asia Pacific Infrastructure Investors SCSp (the “Fund”), a US$3.9 billion fund focused on infrastructure-related investments across Asia Pacific. “We are thrilled to announce the close of our inaugural Asian infrastructure fund, coming at this pivotal time for the infrastructure sector,” […]

Asia - Pacific

South Korea’s SK Group Invests $1.5 Billion in Plug Power

January 7, 2021 Anand Gupta

South Korean conglomerate SK Group is investing $1.5 billion in U.S. fuel-cell maker Plug Power (NASDAQ:PLUG) Inc. to boost the use of hydrogen as an alternative energy source in Asia. The companies are forming a joint venture to provide hydrogen fuel-cell systems, fueling stations and electrolyzers in South Korea and elsewhere, SK and Plug said […]

Asia - Pacific

Solar stocks jump as Georgia election results lift hopes for a green energy agenda in Democrat-controlled Senate

January 7, 2021 Anand Gupta

Solar stocks are on a roll across the board Wednesday as the Georgia runoff election results have lifted hopes for a more robust green energy agenda. Democrats look set to win both tight races in Georgia, securing a slim majority in the US Senate, according to projections by Decision Desk HQ and Insider. Investors are […]