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Stonepeak & Shizen Energy To Form Asian Onshore Wind Platform

Alternative investment firm Stonepeak has completed an investment in TerraWind Renewables, an onshore wind energy platform, in partnership with Shizen Energy Inc, a Japanese renewable energy company. As part of the transaction, Stonepeak has acquired an 80% interest in TerraWind, with Shizen Energy retaining the remaining 20% interest in the business. TerraWind will focus on […]

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Octopus Energy Enters Asian Market With 250 MW Solar Push in Japan

London headquartered renewable player Octopus Energy has entered the Asian market. The generation arm Octopus Energy that manages £6bn green energy assets globally has announced its investment in Yotsuya Capital, an innovative solar developer in Japan, with the aim to accelerate Japan’s energy transition. Octopus Energy said that it already has projects in the pipeline […]

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Corporate Renewable Procurement of 7 GW Sets New Record in Asia Pacific

A study authored by Kyeongho (Ken) Lee, Principal Analyst, Asia Pacific Power & Renewables at Wood Mackenzie reveals that Corporations in Asia Pacific are set to contract a record 7 GW of renewable capacity in 2022. This is an 80% increase on 2021 as markets emerge from pandemic-related disruptions. Demand is largely driven by ambitious […]

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European Offshore Wind Companies Push Into Asian Offshore Wind Market

The world is watching as Chinese companies take on the offshore wind market. As per S&P Global Market Intelligence, Chinese turbines today cost less than half the global average. It places the Chinese in advantageous positions for expansion in less established wind markets such as Latin America and Eastern Europe. Although Chinese offshore wind majors […]

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SE Asian Countries Have Strong Demand for 2 &3 Wheeler EV’s for Last Mile Delivery

Introduction According to a World Economic Forum report, demand for urban last-mile delivery would increase by 78% by 2030, resulting in the deployment of 36% more delivery vehicles in the world’s top 100 cities. In most Southeast Asian countries, the use of last-mile deliveries has expanded dramatically in recent years. The rise of online retail […]

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ADB to Invest $1 bn for Renewable Transition in the Pacific

ADB will invest over USD 1 billion worth of energy projects in the Pacific from 2019 to 2021 to increase renewable energy generation The Asian Development Bank (ADB) will invest over USD 1 billion worth of energy projects in the Pacific from 2019 to 2021 to increase renewable energy generation and improve access to affordable […]

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ADB, USAID Partner to Expand Asia-Pacific’s Sustainable Energy Market

USAID has launched a partnership with ADB to accelerate the transition to a more sustainable, secure, and energy sector in Asia and the Pacific. The United States Agency for International Development (USAID) has launched a partnership with the Asian Development Bank (ADB) to accelerate the transition to a more sustainable, secure, and market-driven energy sector […]

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ADB Approves $100 Mn Facility For Renewable Power Projects in Pacific

The Asian Development Bank (ADB) has approved an umbrella facility of up to $100 million which will provide financing support including loans, guarantees, and letters of credit to overcome constraints to private sector investment in renewable power projects in Pacific island countries. The ‘Pacific Renewable Energy Program’ will support an estimated 5 separate renewable energy projects in […]

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India & China Lead as Asia-Pacific Installs 24.9 GW of New Onshore Wind Capacity in 2018

Total installed onshore wind capacity in Asia-Pacific is now 256 GW, leading countries in the region for onshore installations in 2018 were China (21.2 GW) and India (2.2 GW). The latest data released by the Global Wind Energy Council (GWEC), a member-based organisation that represents the entire wind energy sector, shows that Asia-Pacific installed 24.9 […]

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