AsiaElec - Asia Power

16 December 2021

AsiaElec: ADB to lend $600mn to Indonesia to fund grid resilience

15 December 2021

The Asian Development Bank (ADB) is to lend $600mn to Indonesian state-owned utility PLN to improve grid reliability and resilience in western and central Java, and to renewable energy.

Senex agrees to Posco takeover

14 December 2021

Australia’s Senex Energy has agreed to be acquired by Posco International, the trading arm of South Korean steelmaker Posco, for AUD852.1mn ($606.8mn).

Woodside earmarks $5bn for new energy investments

10 December 2021

Australia’s Woodside has committed to spending $5bn on “new energy” by 2030 in a bid to embrace the energy transition.

Kawasaki sets 2030 carbon neutral target, but only at domestic operations

10 December 2021

Japan's Kawasaki Heavy Industries aims to become carbon neutral at its domestic factories and offices in 2030 by using electricity generated by a 100-MW hydrogen-fuelled power plant it plans to build.

US to provide $500mn in soft loans to support Indian solar manufacturing

10 December 2021

The US International Development Finance Corporation (DFC) has approved up to $500mn of debt financing for First Solar’s 3.3-GW proposed photovoltaic solar module manufacturing facility in Tamil Nadu, India.