Category: News Asia

CleanMax and TTIPL join forces to develop 300 MW clean energy projects in India

CleanMax and TTIPL join forces to develop 300 MW clean energy projects in India

July 1, 2025 | , , ,

CleanMax and Toyota Tsusho India Private Limited (TTIPL) have entered a long-term partnership to jointly cater to the clean energy needs of Japanese corporations operating in India. The collaboration aims to accelerate the adoption of renewable energy by leveraging CleanMax’s execution experience and TTIPL’s network across industrial corridors. The newly formed entity will develop and operate 300 MW of renewable energy projects by March 2028.

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ArcelorMittal cancels plans for green steel plants in Germany due to high energy costs

ArcelorMittal cancels plans for green steel plants in Germany due to high energy costs

June 25, 2025 | ,

ArcelorMittal has canceled plans to convert two plants in Germany to carbon-neutral production. The company has turned down €1.3 billion in subsidies. The government of Germany hoped that the subsidies would motivate the company to convert existing plants to use furnaces fired with hydrogen. Reportedly, the plans were nixed because the country’s energy costs were too high and there was uncertainty about its future energy mix.

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DGPC and B.Grimm ink MoU to develop hydropower and solar project in Bhutan

DGPC and B.Grimm ink MoU to develop hydropower and solar project in Bhutan

June 24, 2025 | , , ,

Druk Green Power Corporation Limited (DGPC) and B.Grimm Power Public Company Limited (B.Grimm) have inked a memorandum of understanding (MoU) for the development of renewable energy project in Bhutan. The agreement establishes a framework of future collaboration for developing other renewable energy projects through Special Purpose Vehicles to be incorporated under Bhutanese law.

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DayOne inks CRESS agreement with TNB for 500 MW renewable energy 

DayOne inks CRESS agreement with TNB for 500 MW renewable energy 

June 16, 2025 | ,

DayOne Data Centers (DayOne) has inked a corporate renewable energy supply scheme (CRESS) agreement with Tenaga Nasional Berhad (TNB). The agreement enables DayOne to secure up to 500 MW of renewable energy over 21 years for the company’s operations in Malaysia. Furthermore, this makes DayOne the first corporation to execute the Bilateral Energy Supply Contract under the CRESS framework.

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Saft to supply BESS for Gurīn’s energy storage project in Japan

Saft to supply BESS for Gurīn’s energy storage project in Japan

June 13, 2025 | , ,

Saft will supply a battery energy storage system (BESS) for Gurīn Energy’s (Gurīn) energy storage project. The energy storage project is being developed in Fukushima, Japan. Saft will deliver a fully integrated lithium-ion battery system with a total of over 1 GWh of storage, together with power conversion and power management systems from its partners. The BESS will be installed, commissioned, and serviced by Saft.

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Lightsource bp secures financing for 115 MWp fishery solar project in Taiwan

Lightsource bp secures financing for 115 MWp fishery solar project in Taiwan

June 12, 2025 | , ,

Lightsource bp has secured approximately TWD 6 billion in financing for its fishery solar project. The project has a capacity of 115 MWp and is situated in Budai and Yizhu Townships within Chiayi County, Taiwan. Construction of the project is set to commence in June 20205. Furthermore, the company is cooperating with local developer GreenRock Energy for the development and fishery management for the project.

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Saatvik Solar to develop 4 GW module manufacturing facility in India

Saatvik Solar to develop 4 GW module manufacturing facility in India

June 9, 2025 | , ,

Saatvik Solar Industries Private Limited, a wholly owned subsidiary of Saatvik Green Energy Limited (SGEL), has commenced work to develop a 4 GW solar PV module manufacturing facility in Odisha, India. The facility will be set up on 57 acres of land sub-leased from Tata Steel Special Economic Zone Limited, located at the Gopalpur industrial park in Ganjam district. The cell manufacturing facility is scheduled to become operational by the end of financial year 2026-2027.

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AMEA Power and Kyuden International ink MoU for clean energy and green hydrogen

AMEA Power and Kyuden International ink MoU for clean energy and green hydrogen

June 9, 2025 | , ,

AMEA Power and Kyuden International Corporation have inked a memorandum of understanding (MoU) to jointly develop renewable energy and green hydrogen projects. The MoU establishes a framework for cooperation between the two companies to drive large-scale clean energy projects. The jointly developed projects will support decarbonisation, energy resilience, and inclusive economic growth across key markets.

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CIP divests 25 per cent stake in the San Miguel Bay offshore wind project in Philippines

CIP divests 25 per cent stake in the San Miguel Bay offshore wind project in Philippines

May 30, 2025 | , ,

Copenhagen Infrastructure Partners (CIP), through its Growth Markets Fund II, has inked an agreement with ACEN to sell a 25 per cent stake in the San Miguel Bay offshore wind project. The project has a potential installed capacity of up to 1 GW and is situated in Camarines Sur, Philippines. The project is currently in its pre-development stage in anticipation of the Department of Energy’s 5th round of the Green Energy Auction (GEA-5).

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RGE and TotalEnergies ink agreement to develop solar and battery energy storage project in Indonesia

RGE and TotalEnergies ink agreement to develop solar and battery energy storage project in Indonesia

May 29, 2025 | , , ,

RGE and TotalEnergies have entered into a co-investment agreement to develop, build, and operate a solar photovoltaic power plant with a battery energy storage system in Riau Province, Indonesia. The two companies have entered into this agreement through their equally owned joint venture, Singa Renewables. The utility-scale project will be constructed in phases. Upon completion, the project will provide clean solar energy export to Singapore.

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India-EU joint call for proposals on waste-to-renewable hydrogen innovation

India-EU joint call for proposals on waste-to-renewable hydrogen innovation

May 28, 2025 | , , ,

The Ministry of New and Renewable Energy (MNRE) of India has announced detailed guidelines for Indian participants under the European Union (EU)-India joint call for proposals on waste-to-renewable hydrogen innovation. This initiative, launched under the EU-India Trade and Technology Council working group 2, supports collaborative projects focused on converting biogenic waste into renewable hydrogen through biochemical and thermochemical pathways.

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AM Green and Port of Rotterdam Authority to build green energy supply chain between India and Northwestern Europe

AM Green and Port of Rotterdam Authority to build green energy supply chain between India and Northwestern Europe

May 27, 2025 | , ,

AM Green and the Port of Rotterdam Authority have inked a memorandum of understanding (MoU) to develop a green energy supply chain between India and Northwestern Europe via Rotterdam. This includes supplying bunkering fuels and sustainable aviation fuels (SAF). It also includes analysing the requirements for developing terminal infrastructure in Rotterdam and along the supply chain to Northwestern Europe.

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Firms from Malaysia, Vietnam, and Singapore ink agreement for cross-border renewable energy supply

Firms from Malaysia, Vietnam, and Singapore ink agreement for cross-border renewable energy supply

May 26, 2025 | ,

Energy companies from Malaysia, Singapore, and Vietnam have inked a joint development agreement to explore the export of renewable electricity from Vietnam to Malaysia and Singapore. The consortium of companies will assess the feasibility of exporting renewable energy from Vietnam to Malaysia and Singapore through a new subsea cable, using the Peninsular Malaysia National Grid, with potential additional firming renewable energy generation and storage.

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Reliance Power and GDL ink agreement to develop 500 MW solar project in Bhutan

Reliance Power and GDL ink agreement to develop 500 MW solar project in Bhutan

May 21, 2025 | , ,

Reliance Power Limited has inked a commercial term sheet for a long-term power purchase agreement (PPA) with Green Digital Private Limited (GDL). GDL is owned by Druk Holding and Investments Limited (DHI), which is the investment arm of the Royal Government of Bhutan. The project has an estimated capital outlay of up to Rs 20 billion under the build-own-operate model.

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Fluxys and OQGN ink agreement for hydrogen transportation network development in Oman

Fluxys and OQGN ink agreement for hydrogen transportation network development in Oman

May 19, 2025 | , ,

Fluxys and OQ Gas Networks SAOG (OQGN) have inked an agreement for the development of hydrogen transportation network in Oman. Fluxys plans to own and operate the hydrogen network as a minority shareholder, alongside OQGN.  The agreement strengthens the partnership between the two companies that are well-positioned to support the rapid and efficient development of hydrogen infrastructure.

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Senvion India bags 420 MW wind turbine order from Continuum Green Energy

Senvion India bags 420 MW wind turbine order from Continuum Green Energy

May 15, 2025 | , ,

Senvion India has won an order from Continuum Green Energy for 100 units of its 4.2M160 wind turbine generators, marking the conversion of a previously conditional agreement signed in September 2024. The deal involves 50 turbines initially confirmed and 50 additional optional units, now fully committed. With a total installed capacity of 420 MW, deliveries for these turbines are scheduled to commence in April 2026.

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ADB commits $10 billion for ASEAN transnational power grid

ADB commits $10 billion for ASEAN transnational power grid

May 9, 2025 | ,

The Asian Development Bank (ADB) has planned to allocate up to $10 billion towards the Association of Southeast Asian Nations (ASEAN) Power Grid (APG) initiative to expedite cross-border connections and national grid projects. ADB has also programmed an additional $27 billion in financing over the next three years to support the region’s energy transition and clean energy investments to boost energy security.

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