Category: News Asia

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

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 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

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 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 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 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

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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PowerChina to develop wind and infrastructure projects in Vietnam

POWERCHINA has announced plans to develop wind farms and green infrastructure in Vietnam. The partnership reflects growing China–Vietnam cooperation. A key achievement is the full grid connection of the Huong Linh 4 Wind Power Plant, a 30 MW facility expected to generate 90,000 MWh annually, sufficient to power 48,000 households and reduce carbon emissions by 72,000 metric tonnes. 

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Hyundai Motor Group to build waste to hydrogen ecosystem in Indonesia

Hyundai Motor Group has developed an action plan to establish a waste-to hydrogen ecosystem in West Java Province, Indonesia. It has partnered with Indonesia’s Ministry of Energy and Mineral Resources, the Ministry of National Development Planning, and PT Pertamina (Persero) for this initiative. Furthermore, Hyundai Motor Group will establish an on-site hydrogen refueling station using PT Pertamina’s existing compressed natural gas infrastructure.

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GreenYellow, STOA, and DEG achieve closing of YieldCo

GreenYellow, along with STOA and DEG, has achieved the financial close of a 189 MWp asset platform, YieldCo. YieldCo is a Singapore-based asset platform dedicated to operating self-consumption solar assets in Vietnam and Thailand. Furthermore, GreenYellow will continue to be the majority industrial shareholder with 51 per cent share in the asset platform. STOA and DEG together own 49 per cent stake in the asset platform.

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Octopus Energy to develop 20 solar farms in South Korea 

Octopus Energy Generation is backing Skygreen Energy to develop up to 20 small to medium-sized solar farms in South Korea in the next two years. These solar farms are expected to generate 140 MW of clean energy. The energy generated will be sufficient to power approximately 45,000 homes annually. Furthermore, this solar investment in South Korea will accelerate Octopus Energy’s plans for the Asian renewables market.

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ADB inks MOU for Caspian green energy corridor project 

The Asian Development Bank (ADB) has inked a memorandum of understanding with the Asian Infrastructure Investment Bank (AIIB), and the energy ministries of Azerbaijan, Kazakhstan, and Uzbekistan. This MOU has been inked to support the feasibility study of the Caspian Green Energy Corridor Project. The project aims to strengthen regional energy partnership cooperation and foster the trade of green energy among the majority of the CAREC member nations.

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Sineng Electric to supply inverters for 1.6 GW solar project in China

Sineng Electric will be supplying 854.72 MW of high-efficiency string inverters to a 1.6 GW solar project situated in Inner Mongolia, China. The project is spread over an area of approximately 7,347 acres and has a total investment of 6.973 billion RMB. Furthermore, for the project Sineng Electric has provided 2,671 units of its high-power SP-350K-H1 string inverters. The inverters are equipped with Anti-PID and PID recovery functions.

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ACME Solar secures Rs 24.91 billion for clean energy projects in India

ACME Solar Holdings Limited has secured a Rs 24.91 billion long-term project finance for a duration of 18 to 20 years. The company will use these funds to refinance its existing debt and lower the financing costs for its 490 MW operational renewable energy projects in Andhra Pradesh, Rajasthan, and Punjab in India. This initiative supports ACME Solar’s objective of lowering overall interest costs for its operational projects.

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