AsiaElec - Asia Power
South Korea’s Hyundai Electric is to work with Paris-based GE Renewables Energy to manufacture 12-15-MW Haliade-X wind turbines suitable for offshore South Korea.
Leading global banks have continued to offer $33bn of financing to expand existing fossil fuel projects over the past year, despite their commitments to promoting green energy projects.
The rebound in coal prices in Asia is expected to end is as the Indonesian government lifts its coal export ban and demand softens, Fitch said.
Malaysia’s Sapura Energy has issued a termination notice to Yunneng Wind Power for a contract for the transportation and installation of monopiles at the Yunlin offshore wind farm in Taiwan.
Indian power company Satluj Jal Vidyut Nigam (SJVN) has announced plans to develop 10GW of solar power projects in Rajasthan over the next five years.
Australia's Fortescue Metals Group, through its subsidiary Pilbara Energy (Generation), has filed an application with the Western Australian Environmental Protection Authority to build a renewable energy hub in the Pilbara region.