The government of India has kicked off plans for offshore wind by releasing a consultation paper to call for bids to lease 870 square kilometres of seabed area in the power hungry South Asian nation.
India is discussing a plan to keep old power stations running for longer, arguing that they’re needed to meet demand until enough energy storage can be built.
Sri Lanka’s offshore wind resource far exceeds the South Asian nation’s energy demand, and its development could help the country’s economic recovery by displacing costly fuel imports, according to the World Bank.
Vietnam is set to follow Indonesia and South Africa with a climate financing package of at least $11 billion to shift its economy away from coal and boost the rollout of renewable energy sources.
Chinese yard Dajin Offshore Heavy Industry will supply wind towers for Ocean Winds’ Moray West offshore wind farm in Scotland after winning a subcontract from Siemens Gamesa.
DNV, the independent energy expert and assurance provider, has been appointed by Elenergy, a Korean renewable energy development company, as owner’s engineer for its 1.5 GW fixed-bottom Chujin offshore wind project.
Henriette Holm will be Ørsted (CPH:ORSTED) Japan’s new country manager bringing her extensive experience of heading up project development in the UK, including the world’s largest offshore wind farm, as the company seeks to strengthen its team in the exciting frontier wind market.
Maersk Training and GiraffeWork have recently signed a collaboration agreement, at the Royal Danish Embassy in Tokyo, to establish a training center for the wind industry in Japan, offering courses in accordance to the Global Wind Organisation (GWO).
Siemens Gamesa and Hai Long Offshore Wind Project signed two agreements at the Energy Taiwan trade fair in Taipei on Thursday marking Siemens biggest deal in the country.
Major offshore wind developers, including bp (LON:BP), RWE Renewables, Equinor (OSLO:EQNR), Orsted (CPH:ORSTED), Shell (LON:SHEL), and TotalEnergies (LON:TTE), are excited by the huge offshore wind potential in energy-short Japan, delegates heard at the Japan Wind Energy 2022 conference in Tokyo.
Philippine billionaire Enrique Razon made his fortune operating ports and running casinos. His next target is the country’s nascent renewables industry.
To hit its 2060 net zero pledge, Indonesia will need to almost triple energy investment by 2030, the International Energy Agency (IEA) said in its latest report. That means an extra $8 billion in investment a year by the end of this decade compared with a business-as-usual pathway.
European oil major Shell is looking at expanding its wind-power business in Australia as it eyes options offshore and diversifies away from fossil fuels. Significantly, Australia’s offshore wind sector remains at a nascent stage of development.
Japan's biggest power generator JERA said on Tuesday it will spend about 15 billion yen ($112 million) to buy a 35.1% share in Vietnamese renewable energy company Gia Lai Electricity JSC (GEC) to expand its overseas business.
Shell (LON:SHEL) has signed a collaboration agreement with Nickel Asia's renewable energy subsidiary, Emerging Power (EPI), to jointly develop, own, operate, and maintain renewable energy assets in the power hungry Philippines.
JSW Group, one of India’s largest conglomerates, has announced plans to acquire Indian renewables company Mytrah Energy for $1.32 billion. This is hot on the heels of Shell completing its $1.55 billion acquisition of Indian renewable energy developer Sprng Energy from Actis Solenergi earlier this week.
Shell (LON:SHEL) has finalised its $1.55 billion acquisition of Indian renewable energy developer and operator Sprng Energy from Actis Solenergi. Significantly, the solar and wind power assets that Shell acquires through the deal will triple the oil and gas company’s renewable energy capacity in operation, it said on Tuesday.
Newly elected President Ferdinand Marcos Jr reiterated his support for more renewable energy, as well as nuclear power, and natural gas, in the Philippines, one of Southeast Asia’s fastest growing economies. The news comes as plans to import maiden liquefied natural gas (LNG) cargoes into the country have stuttered due to surging global prices.