Bangladesh has announced that it plans to scrap nine new coal projects as the cost of imported coal rises and overseas investors cut financing for such projects.
SeAH Steel of South Korea has announced that it will issue $72 million in corporate bonds through the Financial Supervisory Service’s electronic disclosure system.
Korea Western Power (KOWEPO) has signed an agreement on March 3 with Thai Petrochemical Industry Polene Power (TPIPP) and Korea Gas Corp to jointly build a 1.7 GW gas power plant and LNG infrastructure in Songkhla Chana, a region in southern Thailand.
Mitsubishi Power, a subsidiary of Mitsubishi Heavy Industries (MHI) Group, has started development of a 40 MW gas turbine fuelled by 100 per cent ammonia.
Pakistan’s National Electric Power Regulatory Authority (Nepra) has reduced the Return On Equity (ROE) of units 2, 3, and 4 of Chashma Nuclear Power Plant.
India’s National Thermal Power Corporation (NTPC) has announced that it will implement a waste-to-energy technology that has been developed by a Chennai-based orthopaedic surgeon.
GE Renewable Energy has announced that it has been awarded a contract by Ocean Renewable Energy Joint Stock Company to supply 15 of GE’s 4.0-137 wind turbines for the Cau Dat wind farm, the first wind farm in Lâm Đồng Province, Vietnam.
Japan is set to receive another bout of cold weather from the Arctic in the next few days, which is likely to test the country’s already stressed electricity grid.
Chung Yeon-in, President of Doosan Heavy Industries & Construction, has announced that the company will invest 100 billion won ($90 million) in wind power projects by 2030.
Wärtsilä and Huaneng Jiangsu, a subsidiary of the China Huaneng Group, have entered into a strategic cooperation framework to work on renewable energy development in Jiangsu.