One of the dirtiest and most import-dependent power sectors in Asia is on a clean-up drive. Taiwan currently imports roughly 98% of its energy sources and gets more than 80% of its electricity from fossil fuels, including around 43% from coal and 39% from natural gas, according to data from think tank Ember. Only around 16% of Taiwan's electricity sources are deemed clean, which is half the average for Asia as a whole and way less than regional rivals China…
Chinese wind turbine maker Envision Energy believes 'it's easy' to meet an international pledge made at the COP28 climate summit to triple renewables by 2030.'This is not visionary,' Envision CEO Lei Zhang told Reuters on the sidelines of the summit in Dubai…
Japan and Denmark have agreed to join hands in researching and developing floating offshore wind power technologies in a bid to combat climate change, Japan's trade and industry ministry said.The nascent floating offshore wind industry is poised…
Offshore helicopter services company NHV Group has announced a collaboration in Taiwan with Apex Aviation, a local Taiwanese company, with the aim of providing helicopter transportation services to Taiwan's growing offshore wind industry.'Given…
Denmark-based global offshore wind developer Ørsted is set to divest a 50% stake in its offshore wind farm project in Taiwan and has signed an exclusivity agreement with a Taiwanese insurance company and its affiliate, following a competitive divestment process…
Japan's Marubeni Corp has pledged to invest 10 billion pounds ($12.3 billion) with partners over the next decade in clean energy in the United Kingdom, according to a memorandum of understanding (MoU) signed on Wednesday. Marubeni and the UK government signed the MoU…
SK E&S, one of the largest conglomerates in South Korea, and Copenhagen Infrastructure Partners have reached financial close on the Jeonnam 1 offshore wind project in South Korea.Jeonnam 1 will be a 99-MW offshore wind farm off the coast of Shinan County…
Japan's Mitsui & Co said on Friday it had finalized a plan with Canada's Northland Power Inc. to build a 1 gigawatt (GW) offshore wind farm in Taiwan at an estimated cost of 960 billion yen ($6.5 billion). The deal comes as countries around…
India’s electricity consumption hit a new high this summer but the transmission grid has been much more stable because of increased generation from renewables as well as plentiful fuel stocks at coal-fired power plants.Electricity consumption peaked at a record 223 Gigawatts (GW) in June…
The construction of the 'Green Jade' DP3 heavy lift and installation vessel, the first such vessel built in Taiwan, was completed Friday.The vessel was commissioned by the CDWE consortium consisting of Belgium's DEME Offshore and Taiwan's CSBC…
Itochu Corp, Tokyo Gas Co Ltd, and other companies are considering bidding in the second round of the Japanese government's auction of offshore wind power projects, the Nikkei business daily reported on Thursday. In December, Japan resumed public…
Singapore's offshore services firm Kim Heng has via its subsidiary, Kim Heng Offshore & Marine Pte entered into a non-binding memorandum of understanding with South Korea's KOMS CO. LTD. (“KOM”).Under the MoU the two companies plan to cooperate…
Danish renewable energy firm Copenhagen Energy has received support from the Western Australia Government as it progresses plans for its Leeuwin Offshore Wind Farm project.The project has been awarded Lead Agency status by the Department of Jobs…
Japan's Mitsui O.S.K. Line has concluded a time charter contract with Shimizu Corporation for two crew transfer vessels (CTV) for an offshore wind farm at Ishikari Bay New Port. 'This marks the MOL Group’s first entry into the CTV business. In addition…
A consortium comprising Mainstream Renewable Power, Reventus Power, AGL, and DIRECT Infrastructure has submitted a feasibility license application for a 2.5 GW offshore wind development off the coast of Victoria, Australia.The area in the Bass Strait off Gippsland…
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