South Korea has announced that it intends to increase its offshore wind power capacity to 12 GW by 2030.
The Bangladesh Power and Energy Ministry said that the country’s state-run North-West Power Generation Company Ltd (NWPGCL) and China National Machinery Import and Export Corporation (CMC) have signed an agreement to form Bangladesh-China Power Company Renewable.
Japan has said that it will tighten its rules on investment in foreign coal-fired power stations on environmental grounds, but it stopped short of completely ending government funding for such projects.
China’s massive Wudonge hydropower plant, which will have a full capacity of 10GW, has begun generating power following a successful trial run.
Korea Electric Power Corporation (KEPCO) has announced that it will continue to develop a thermal power project worth $3.2 billion in Indonesia.
Adani Power Limited (APL) has announced that it has signed a definitive agreement to acquire a 49 per cent stake in Odisha Power Generation Corporation (OPGC) from the affiliates of AES, the US-based global energy company.
GE Renewable Energy has won its first contract with Power China Guizhou Engineering Co. to supply 12 units of 2.5-132 low-speed wind turbines for a 30MW wind farm near Puyang City, China.
The renewable power unit of Tepco, Japan’s biggest utility, plans to spend over $18 billion over the next ten years to boost its renewable power generation by as much as 70 per cent.
Malaysia has opened competitive bidding for 1GW of solar plants worth about $930 million, the largest capacity offered under its Large-Scale Solar (LSS) scheme.
The Government of Laos has approved a plan by Evolution Power Investment Corporation (EPIC) of Singapore to develop of 1000MW coal-fired power plant in the southern province of Sekong.