BRIC bank loans of $300 million will target Russian renewable energy projects in the Far East. The loans will finance projects in wind, solar, and small hydropower energy generation technologies. Russia is increasingly targeting its Far Eastern regions as it intensifies its strategic policy goals in Asia. Owned...
Both Thailand and Japan are expected to see a surge of biomass power investments over the next decade, as Thailand receives strong government support for the sector, whilst Japan’s strong pipeline of biomass projects will continue to facilitate a capacity growth surge in the near-term, according to a report...
Indonesia has a project pipeline for 17GW of generation capacity designed to hit the targets identified by the Electricity Supply Business Plan (RUPTL), according to Dharma Djojonegoro, deputy CEO of Adaro Power. However, developing IPP projects in the past few years has been fraught with difficulties amidst policy changes, he...
Wartsila renewables power plant contracts have been signed for projects to move the Caribbean and for Southeast Asia toward a 100 percent renewables future. The technology group Wärtsilä has won the contract to supply a 33 MW flexible power plant on a fast-track basis to the Barbados Light &...
The “2019 International Forum on Clean Power Technology and Engineering & CHN Energy International Forum on Clean Energy”, jointly hosted by the Chinese Academy of Engineering, Chinese Society for Electrical Engineering and CHN ENERGY, was held in Beijing on May 16-17. Following a theme of “Dedication to Clean Power and...
The government of Serbia will guarantee a EUR 307 million in loan to invest in new renewable energy power plants and overhaul coal-fired power plants. A Serbian government representative said that guarantees are necessary to continue the implementation of major infrastructure projects. About BAM 300 million (around EUR 153.5 million) is...
Helena Oil & Gas is looking to attract fresh investment to its oil projects in Texas by creating the Helena Security Token (HEST). The creation of HEST lets investors support an existing, active project in the oil and gas sector without having to pay many of the extensive administrative and...
When you think of Texas and the energy industry, you think oil and gas? Right? Wrong! While Texas is heart of domestic U.S. oil and gas production, it is also the leader among U.S. states in wind power generation. The U.S. raised its wind power capacity by 8% in 2018...
Despite subsidy cuts which dramatically stalled the growth of solar installations, China retained the global distinction as the most attractive renewable energy market in 2019, according to EY’s latest Renewable Energy Country Attractiveness Index (RECAI) report. The report, which ranks 40 countries on the attractiveness of their renewable energy investment...
Siemens Gamesa has secured its first order in Russia from Enel Russia, one of the country's independent power producers (IPP), for the supply of 90 MW of wind turbines. This is the first order for Siemens Gamesa in the country and belongs to the preliminary agreement signed with Enel...