AsiaElec - Asia Power
China agrees to buy more coal from Indonesia in 2021
China will buy $1.467bn worth of thermal coal from Indonesia next year, the Indonesian Coal Mining Association (APBI) said on November 25.
ADB approves $600mn green loan for Indonesia's PLN
The Asian Development Bank (ADB) has agreed to lend $600mn to Indonesian state utility Perusahaan Listrikk Negara (PLN) to expand electricity access and promote renewable energy.
Enel to invest €70bn in renewables
Enel has announced plans to invest €70bn in renewables until 2030 in a bid to extends its green capacity to 120 GW.
Trina Solar and Tongwei Group complete joint venture
Chinese-based global PV and smart energy solution provider Trina Solar has signed a joint venture agreement with global photovoltaic giant Tongwei.
Ørsted eyes 1.6 GW of offshore wind capacity in South Korea
Denmark’s Ørsted said on 24 November that it would build up to 1.6 GW of offshore wind capacity in South Korea off the coast of Incheon City.
Indian solar tariffs reach new record low
India has posted a new record low for solar tariffs, with local units of Singapore’s Sembcorp Industries and Saudi Arabian-based Aljomaih Holding Co bidding INR2 ($0.027) per kWh in recent auctions.
Sumitomo posts losses as it keeps coal interests
Japan’s Sumitomo faces worsening financial performance as it maintains its commitment to coal across Asia.
Australia approves Santos’ Narrabri CBM project
The Australian government has approved Santos’ Narrabri coal-bed methane (CBM) project in New South Wales, paving the way for a major new source of domestic gas supply.
Chinese investors withdraw from Kenya’s Lamu coal project
The Industrial and Commercial Bank of China (ICBC) has decided not to finance the proposed 1,050-MW Lamu coal plant in Kenya.
Asian developers’ exit from Thabametsi confirmed by SA government
The Japan and South Korea-led Thabametsi Project Company has officially informed the South African government that it has withdrawn from the 630-MW Thabametsi coal-fired power project.
IRENA highlights continued shortfall in green investment
Global renewable energy investment increased between 2013 and 2018, reaching its peak of $351bn in 2017, according to a new report by the International Renewable Energy Agency (IRENA) and Climate Policy Initiative (CPI).
Kyushu Electric Power restarts Sendai 1
Japan’s Kyushu Electric Power has restarted Unit 1 at the Sendai nuclear power plant (NPP) after completing construction of a bunkered back-up control centre.
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