AsiaElec - Asia Power
South Korea issues permit for Shin Hanul 1 reactor
South Korea's nuclear safety regulator has given its conditional approval for the start-up of unit 1 at Korea Hydro & Nuclear Power's Shin Hanul nuclear power plant.
White Summit Capital, Marubeni to develop green hydrogen projects
Switzerland-based infrastructure investor White Summit Capital has signed a memorandum of understanding with Japan-based Marubeni to develop more than 1 GW of industrial-scale green hydrogen projects, mainly in Spain, over the next decade.
ADB commits to full alignment with Paris agreement
The Asian Development Bank (ADB) has committed itself to aligning its operations with the goals of the Paris Agreement.
Adani Group to expand coal capacity
India’s Adani Group is doubling its coal-fired power capacity to 24 GW and expanding its coal production to 132mn tonnes per year.
REM: BlackRock raises $250mn to fund climate transition in emerging markets
BlackRock has raised $250mn from a consortium of ten institutional investors, governments and charities for its flagship blended finance fund, which aims to help emerging market economies reduce carbon emissions.
ASIAELEC: Pakistan opens $1.7bn Chinese-built power line
Pakistan has opened the $1.7bn, 660-kV Matiari–Lahore power line as part of government efforts to use Chinese money and technology to shore up the country’s power grid.
Sinopec launches CCUS projects
State-owned Sinopec has unveiled two new carbon capture, utilisation and storage (CCUS) projects as it strives to achieve carbon neutrality by 2050.
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