AsiaElec - Asia Power
Total takes 20% stake in India’s Adani Green Energy
France’s Total has paid $2.5bn to buy a 20% stake in India’s Adani Green Energy Limited (AGEL) from Adani Group in a move that extends the partnership between the two energy giants’ gas and LNG interests.
Aker Horizons buys 75% stake in Mainstream to drive 5.5-GW expansion
Aker Horizons is to pay $919mn to buy a 75% equity stake in Mainstream Renewable Power, valuing the developer at $1.11bn.
Green investment breaches $500mn barrier in 2020
Green investment rose by 9% in 2020, with offshore wind and EVs showing the most dynamic growth
IEA calls for urgent action to cut methane emissions
The IEA has called on companies, governments and regulators to reduce methane emissions from the oil and gas sector.
Siemens Gamesa wins two onshore wind orders in Vietnam
Siemens Gamesa in partnership with SEPEC-China Energy has won two turbine orders totalling 217 MW with Hanbaram Wind Power in Vietnam.
Strike launches WA petchem development
Australian junior Strike Energy is progressing with an ammonia and urea manufacturing facility development in Western Australia, which will use natural gas supplied from the company’s onshore Greater Erregulla project.
Indonesia’s PGN unveils three-year gas plan
Indonesia’s state-owned Perusahaan Gas Negara (PGN) has unveiled a three-year plan to support the government’s drive to bolster domestic natural gas consumption.
KOGAS launches new hydrogen unit
South Korea’s state-owned KOGAS said on January 11 that it had launched a new hydrogen strategy as it aims to decarbonise its gas operations.
JinkoSolar aims to open world’s largest solar cell manufacturing facility
JinkoSolar has recently started construction of a 20-GW large-scale solar cell manufacturing base in Chuxiong, Yunnan Province, China, which once completed will become the world’s largest single cell production plant.
KKR closes $3.9bn Asia Pacific Infrastructure Fund
US investment firm KKR has closed its $3.9bn KKR Asia Pacific Infrastructure Investors, which aims to focus on infrastructure-related investments across the Asia-Pacific region.
Bangladesh’s 35-MW Spectra Solar Park comes online
Bangladesh’s Spectra Solar Park Ltd has opened a 35-MW solar project funded by the ADB, Germany’s KfW and the Canadian Climate Fund for the Private Sector in Asia.
India’s Kakrapar 3 reactor connected to grid
India has connected Unit 3 of the Kakrapar nuclear power plant (NPP) in Gujarat State to the electricity grid.
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