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Asia – Pacific

Graphite Producer Magnis Energy Gets $15 Million Funding For Expansion

Considered critical minerals, graphite and lithium are used in a wide range of applications, including electric vehicles’ batteries. The lithium-ion battery sector is benefiting from rising prices of the raw material amid robust demand. New Delhi : Australia’s Magnis Energy Technologies Ltd said on Tuesday it secured A$20 million ($14.7 million) from two U.S.-based investors […]

EXCLUSIVE-Citi, HSBC, Prudential Hatch Plan For Asian Coal-Fired Closures – Sources

The novel proposal, which includes the Asian Development Bank (ADB), offers a potentially workable model and early talks with Asian governments and multilateral banks are promising, the sources told Reuters. The group plans to create public-private partnerships to buy out the plants and wind them down within 15 years, far sooner than their usual life, […]

Floating Solar Farm Launch Set For October

The floating solar farm at Sirindhorn Dam in Ubon Ratchathani. The state-run Electricity Generating Authority of Thailand (Egat) is preparing to start commercial operation of what it claims is the world’s largest hybrid power generation facility for a floating solar farm at Sirindhorn Dam in Ubon Ratchathani province in October. The operation of the 45-megawatt […]

Tuas Power Partners With NEFIN to Bid For 100 MW Electricity Import From Malaysia And Explores Solutions to Address Power Intermittency From Clean Energy

SINGAPORE : Tuas Power, Singapore’s market leader in power generation and electricity retailing, signed a Memorandum of Understanding earlier in June with NEFIN, a leading solar photovoltaic developer and investor in carbon neutrality solutions, to jointly bid for the 100 megawatts (100MW) of zero-carbon electricity import from Malaysia into Singapore. To support the Singapore Government’s […]

Malakoff, Police Cooperative Sign MoU On Rooftop Solar Projects

MALAKOFF Corp Bhd and Koperasi Polis Diraja Malaysia Bhd (KPDRM) have signed a memorandum of understanding (MoU) to assess the feasibility of jointly developing rooftop solar projects. The solar projects would be developed at selected PDRM building premises in Peninsular Malaysia. “The collaboration comes under the Net Energy Metering 3.0 scheme or for self-consumption, whereby […]

Govt Urged to Set Up Solar Parks

Solar Philippines said the government should push developing solar parks in the country, a strategy that was successfully implemented in India and can significantly help bring down the cost of solar while increasing the scale of renewable energy (RE) development in the Philippines. Speaking at The Manila Times forum titled “Business Conference on Shared Prosperity […]