Citicore Renewable Energy Corp, one of the Philippines' biggest solar power producers, is planning to go public this year to fund a $4 billion investment in new solar projects over the next five years, its CEO said on Friday.'For a country such…
Japan's biggest power generator JERA plans to sell its stake in a yet-to-be-built offshore wind project in Taiwan, Nikkei reported late on Friday, on concerns about high construction costs and low profitability.JERA plans to sell its 44% stake…
The energy sector is undergoing a transformation, with a growing focus on cleaner energy sources and technologies that reduce greenhouse gas emissions and contribute to a more sustainable future. In this context, hydrogen is emerging as a key player in the energy transition…
Vietnam is in talks with Singapore's Sembcorp to build a submarine power transmission line between the two countries, the Vietnamese government said on Friday. The announcement was made after a meeting between Prime Minister Pham Minh Chinh…
Offshore wind turbine maker Siemens Gamesa and South Korea's Doosan Enerbility, formerly known as Doosan Heavy Industries, have signed an agreement to collaborate on offshore wind projects in South Korea.Siemens Gamesa offshore wind business…
All 47 offshore wind turbine generators have been installed at the Formosa 2 offshore wind project the 376MW Formosa 2 offshore wind project off the coast of Miaoli in western Taiwan.The last wind turbine was successfully installed on January 31…
$3 billion forecast to be invested in new anchor handlers to meet floating wind demand.Floating wind is an emerging technology. Currently being tested in small scale demonstration and pilot projects, global floating wind commissioned capacity at the end of 2022 was less than 200 MW…
Japanese trading firm Marubeni Corp started commercial operation based on the feed-in tariff program for renewable energy at Akita Port offshore wind farm on Tuesday, it said in a statement.Japan's offshore wind power market, part of the country's goal to be carbon neutral by 2050…
Malaysian energy industry services provider, T7 Global said Wednesday it had secured two letters of award worth a combined value of approximately RM100 million (currently around $23,47 million). The letters of award were secured by the company's…
Taiya Renewable Energy (TRE), an offshore wind power developer in Taiwan, said Thursday it would bid for the second phase of wind power zonal development and floating demonstration project in 2023.Taiya has invited local and foreign investors…
Singapore's Keppel Offshore & Marine (Keppel O&M) said Thursday it had won a contract worth around S$130 million (~$97 million) to build an offshore wind substation. The company did not say who the client was, apart from describing it as 'an international renewable energy company…
Japan has resumed public auctions for offshore wind power projects under revised rules aimed at encouraging a wider range of operators and accelerating the development of infrastructure, the industry and land ministries said on Wednesday. The…
Marubeni said Thursday it had started commercial operation at the Noshiro Port offshore wind farm in Japan on December 22, 2022, based on the feed-in tariff program for renewable energy.Marubeni Corporation has been implementing this first utility…
Shipbuilder Marco Polo Marine's Taiwan-based subsidiary, PKR Offshore, has signed a deal with wind turbine maker Vestas Taiwan Co., Ltd, for the maiden deployment of its new Commissioning Service Operations Vessel (CSOV).The new CSOV, which will be able to accommodate up to 110 persons…
Canada-based energy company Northland Power Inc. has signed a deal to sell 49% of its interest in the Hai Long offshore wind project in Taiwan to Gentari.Upon closing, the transaction will result in Gentari holding a 29.4% indirect equity interest in the project…
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