News

Thailand revealed the potential for increased import of hydroelectric power from Laos to reduce reliance on natural gas. However, experts are concerned that this could lead Laos to construct new dams on the Mekong River. Furthermore, the electricity costs

Malaysian infrastructure giant Gamuda will establish a joint venture to develop a 187.5 MW hydroelectric power plant in Tenom through a private finance initiative, with the total project cost estimated to be around RM 4 billion.

Tajikistan plans to produce 1 million metric tons of green hydrogen by 2040 for usage at home and exports to neighboring countries.

The Philippines will seek bids from renewable energy developers to install about 8 GW of geothermal and hydropower supply, in a new round of auctions for green power projects.

The first phase of the world’s largest hydro-solar power station at the highest altitude, the Kela PV power plant, has been put into operation in China on June 25.

Blackouts could hit eastern Australia by the middle of this decade if renewable energy projects are not scaled up as the country rapidly shifts away from its reliance on coal-fired power plants, the energy market operator said on Tuesday.

Omnia Group of South Africa and WKN Windcurrent, a subsidiary of German renewables giant PNE, have signed a memorandum of understanding (MoU) to access onsite production of green hydrogen and ammonia in South Africa.

Germany’s Federal Ministry for Digital Affairs and Transport (BMDV) has earmarked 80 million euros for investments in the production of green hydrogen for the transport sector.

The trading prices for European guarantee of origin (GO) prices would likely to range from EUR 6/MWh to EUR 8/MWh this year, Norwegian market intelligence firm Greenfact said in a report on Thursday.

Australia has announced plans to build renewable energy projects, offshore wind farms and undersea transmission cables, as part of its efforts to cut carbon emissions by 43% by 2030.