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...
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...
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 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...
China will invest US$15 million to build a solar panel plant in Zimbabwe to produce 500 solar panels per day. The Chinese firm Yaowei Technology will make the investment that is expected to significantly address the ongoing electricity shortages causes by low water levels in the Kariba Dam and obsolete...