News

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.

Vietnam’s Prime Minister Pham Minh Chinh has approved the Power Development Plan 8 (PDP8), which is part of the National Electricity Development Plan 2021-30, after two years of wrangling and revision.

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.