AsiaElec - Asia Power
AsiaElec: ADB to lend $600mn to Indonesia to fund grid resilience
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.
Idemitsu receives Emirati blue ammonia
Senex agrees to Posco takeover
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).
Mongolia’s energy sector operating at loss of MNT 92bn says minister
Woodside earmarks $5bn for new energy investments
Australia’s Woodside has committed to spending $5bn on “new energy” by 2030 in a bid to embrace the energy transition.
CASA-1000 electricity exports project 'delayed for one year'
Kawasaki sets 2030 carbon neutral target, but only at domestic operations
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
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.
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