PTT’s Power Arm To Invest $635 Million In Renewable Energy Across Asia Updated On Mon, Jun 21st, 2021 by Saurenergy Global Power Synergy, the power unit of Thailand’s state-owned oil and gas group PTT, will invest 20 billion baht equivalent to USD 635 million, in renewable energy assets across Asia including India and China. Global Power Synergy announced that it will be borrowing up to USD 635 million from parent PTT for investment chiefly in […] Read more
ADB Supports India’s Covid-19 Response Through Record Annual Lending Updated On Mon, May 17th, 2021 by Saurenergy Manila-headquartered Asian Development Bank (ADB) said on Thursday that it had committed $3.92 billion in sovereign loans for 13 projects to India in 2020, including $1.8 billion in projects to support the Government of India’s coronavirus disease (COVID-19) pandemic response. This is ADB’s highest-ever annual lending commitment to India since the start of its lending operations […] Read more
ADB & Japan’s METI to Promote Clean Energy in Southeast Asia Updated On Wed, Feb 3rd, 2021 by Saurenergy ADB and Japan’s METI have signed a MOC to enhance their joint efforts to promote clean energy in Southeast Asia. The Asian Development Bank (ADB) and Japan’s Ministry of Economy, Trade and Industry (METI) have signed a memorandum of cooperation (MOC) to enhance their joint efforts to promote clean energy in Southeast Asia. The cooperation […] Read more
Asia to Remain ‘Mother of Batteries’, Producing 1 TWh pa by 2025: Rystad Updated On Thu, Dec 24th, 2020 by Saurenergy In its monthly energy transition report, Rystad Energy has found that Asia, is, and will remain the mother of batteries over the coming decade. The report details that the world’s current total battery cell production capacity is about to exit 2020 at around 617 gigawatt-hours (GWh) per year. Most of this capacity, 516 GWh, comes […] Read more
ADB and IEA Discuss Scaling up Collaboration in Energy Segment Updated On Tue, Jun 9th, 2020 by Saurenergy ADB President Masatsugu Asakawa and Executive Director of IEA Fatih Birol recently discussed scaling up collaboration and renewing the MOU between the two organizations. Asian Development Bank (ADB) President Masatsugu Asakawa and Executive Director of the International Energy Agency (IEA) Fatih Birol recently held a video conference meeting to discuss scaling up collaboration and renewing […] Read more
The Renewable Energy Transition is Finally Coming to Asia: IEEFA Updated On Mon, May 18th, 2020 by Saurenergy Despite the current economic shutdown due to the COVID-19 pandemic, the global renewable energy transition is well underway and it is coming to Asia Despite the current global economic shutdown due to the COVID-19 pandemic, the global renewable energy transition is well underway and it is coming to Asia according to the latest study by […] Read more
Could Renewables Displace Conventional Fuels in Asia in 2020s? Updated On Fri, Feb 7th, 2020 by Saurenergy In a new report, Wood Mackenzie highlights trends that will shape Asia Pacific’s power and renewables markets this decade, and what it holds over the next In a new report, Wood Mackenzie highlights trends that will shape Asia Pacific’s power and renewables markets this decade. Asia Pacific’s wind and solar installed base produced an estimated […] Read more
Asia Could Become the Dominant Market for Wind Energy: IRENA Updated On Mon, Oct 21st, 2019 by Saurenergy Asia could grow its share of installed capacity for onshore wind from 230 GW in 2018 to over 2600 GW by 2050, becoming the global leader in the segment Asia could grow its share of installed capacity for onshore wind from 230 Gigawatt (GW) in 2018 to over 2600 GW by 2050, a new report […] Read more
Mitsubishi Invests in BBOXX to Bring Off-Grid Solar Energy to Africa and Asia Updated On Wed, Aug 28th, 2019 by Saurenergy Mitsubishi Corporation has announced its decision to invest in BBOXX Limited, a next-generation utility providing off-grid energy solutions in Africa & Asia Japanese multinational conglomerate, Mitsubishi Corporation (MC) has announced its decision to invest in UK-based BBOXX Limited, a next generation utility providing off-grid energy solutions in Africa and Asia. Since its establishment in 2010, […] Read more
