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Showing posts from November, 2025

Nickel Asia unit’s geothermal service contract scrapped by DOE - The Manila Times

Nickel Asia unit’s geothermal service contract scrapped by DOE - The Manila Times Published November 30, 2025 Nickel Asia's Geothermal Service Contract Terminated by DOE Nickel Asia Corporation (NAC) has recently announced that its subsidiary, the Philippine Geothermal Production Company, has had its geothermal service contract terminated by the Department of Energy (DOE). This development comes as part of the government’s ongoing efforts to streamline energy operations and ensure compliance with regulatory standards. The DOE’s decision to rescind the geothermal service contract was officially communicated to Nickel Asia through a letter dated September 29, 2023. The termination affects Geothermal Service Contract No. 2009-01, which was originally awarded in 2009. The contract covered a geothermal area located in the province of Leyte, where the company had been exploring for potential geothermal resources. In its response to the DOE’s action, Nickel Asia expressed its disappo...

Asia Pacific Stationary Flow Battery Storage Market, 2034 Report - Global Market Insights Inc.

Asia Pacific Stationary Flow Battery Storage Market, 2034 Report - Global Market Insights Inc. Published November 30, 2025 Asia Pacific Stationary Flow Battery Storage Market, 2034 Report The Asia Pacific stationary flow battery storage market is projected to witness significant growth, driven by increasing demand for renewable energy sources and the need for energy storage solutions. According to a report by Global Market Insights Inc., the market is anticipated to reach substantial milestones by the year 2034. Flow batteries, which are a type of rechargeable battery where energy is stored in liquid electrolytes, are gaining traction due to their scalability and long cycle life. This technology is particularly suited for large-scale energy storage applications, making it a critical component in the transition to a sustainable energy future. Market Overview As of 2022, the Asia Pacific stationary flow battery storage market was valued at approximately USD 1.5 billion. The market ...

Wind and solar to meet majority of power demand to 2035 - Asian Power

Wind and solar to meet majority of power demand to 2035 - Asian Power Published November 30, 2025 Wind and Solar Expected to Supply Majority of Energy Needs by 2035 The global energy landscape is undergoing significant transformation, with wind and solar power projected to fulfill the majority of electricity demand by the year 2035. This forecast reflects a broader shift towards renewable energy sources, driven by advancements in technology, policy support, and growing environmental awareness. According to a recent report, the combined capacity of wind and solar energy is anticipated to surpass traditional fossil fuels, marking a pivotal change in the energy market. By 2035, it is expected that renewable energy sources will account for a substantial portion of the global power generation mix, with wind and solar leading the way. Growth Projections for Wind and Solar Energy The report outlines that wind and solar power are set to meet approximately 70% of the world's electrici...

Scaling up Energy Transition in East Asia and the Pacific - World Bank Group

Scaling up Energy Transition in East Asia and the Pacific - World Bank Group Published November 30, 2025 Scaling Up Energy Transition in East Asia and the Pacific The World Bank Group has released a report highlighting the critical need for scaling up the energy transition in East Asia and the Pacific. This region is at a pivotal moment, facing both significant challenges and opportunities as it seeks to shift towards more sustainable energy sources. The report emphasizes that the energy transition is not just an environmental necessity but also an economic imperative. The region's energy sector is undergoing rapid changes, driven by technological advancements, policy shifts, and market dynamics. However, to fully realize the benefits of this transition, substantial investments and coordinated efforts are required. Current Energy Landscape East Asia and the Pacific is home to some of the world's largest economies, and its energy consumption is growing at an unprecedented ...

IEA urges stronger ASEAN grid to unlock Southeast Asia’s 20 TW solar and wind potential - Reccessary

IEA urges stronger ASEAN grid to unlock Southeast Asia’s 20 TW solar and wind potential - Reccessary Published November 29, 2025 IEA Calls for Enhanced ASEAN Grid to Realize Southeast Asia’s 20 TW Solar and Wind Potential The International Energy Agency (IEA) has issued a strong recommendation for the Association of Southeast Asian Nations (ASEAN) to develop a more robust and interconnected electricity grid. This move is deemed essential to harness the region's vast potential for solar and wind energy, estimated at an impressive 20 terawatts (TW). The IEA's report emphasizes that without significant improvements to the existing grid infrastructure, the ambitions for renewable energy in Southeast Asia may not be fully realized. As the world shifts towards cleaner energy sources, Southeast Asia stands at a pivotal moment. The region is endowed with abundant solar and wind resources, which could play a crucial role in meeting both local and global energy demands. However, the ...

Governance, data gaps and unpredictable returns limiting climate adaptation investment in Asia's cities: experts - Eco-Business

Governance, data gaps and unpredictable returns limiting climate adaptation investment in Asia's cities: experts - Eco-Business Published November 29, 2025 Governance, Data Gaps, and Unpredictable Returns Hindering Climate Adaptation Investment in Asian Cities Experts have identified several critical challenges that are impeding climate adaptation investments in cities across Asia. These challenges include governance issues, significant data gaps, and unpredictable financial returns. As urban areas in Asia face increasing threats from climate change, the need for effective adaptation strategies becomes more pressing. According to a recent report, cities in Asia are at the forefront of climate change impacts, experiencing extreme weather events, rising sea levels, and other climate-related challenges. However, the ability of these cities to adapt to such changes is severely limited by a lack of coherent governance structures and reliable data. This situation creates a climate of...

Singapore makes power play with first WindEnergy series outside Europe - Meetings & Conventions Asia

Singapore makes power play with first WindEnergy series outside Europe - Meetings & Conventions Asia Published November 29, 2025 Singapore Launches First WindEnergy Series Outside Europe Singapore is set to host its inaugural WindEnergy series, marking the first event of its kind outside of Europe. This initiative is part of a broader strategy to enhance the country’s renewable energy landscape and establish itself as a hub for sustainable energy solutions in the region. The WindEnergy series aims to bring together industry leaders, policymakers, and stakeholders to discuss advancements, trends, and the future of wind energy. The WindEnergy series is scheduled to take place at the Marina Bay Sands from November 14 to 16, 2023. This event is expected to attract over 5,000 participants, including exhibitors, speakers, and attendees from various sectors within the renewable energy industry. It will showcase the latest technologies, innovations, and services related to wind energy,...

MICE In Brief: WindEnergy Hamburg expands to APAC as Seven Media and BLINK enter London - C&IT

MICE In Brief: WindEnergy Hamburg expands to APAC as Seven Media and BLINK enter London - C&IT Published November 29, 2025 WindEnergy Hamburg Expands to APAC as Seven Media and BLINK Enter London WindEnergy Hamburg, a prominent event in the renewable energy sector, is set to extend its reach into the Asia-Pacific (APAC) region. This expansion marks a significant step in the global promotion of wind energy technologies and innovations. The event, known for bringing together industry leaders, policymakers, and stakeholders, aims to capitalize on the growing demand for renewable energy solutions in APAC countries. The move to expand into the APAC region comes at a time when many countries are ramping up their efforts to transition to sustainable energy sources. With strong government support and increasing investments in wind energy infrastructure, the region presents a fertile ground for the growth of wind energy initiatives. WindEnergy Hamburg's expansion is expected to faci...

Powering Progress in Asia: AI and Energy - Microsoft Source

Powering Progress in Asia: AI and Energy - Microsoft Source Published November 29, 2025 Powering Progress in Asia: The Intersection of AI and Energy The energy landscape in Asia is undergoing a significant transformation, driven by the integration of artificial intelligence (AI) technologies. As countries across the region strive to meet their energy demands sustainably, AI emerges as a crucial tool in optimizing energy systems, enhancing efficiency, and facilitating the transition to renewable energy sources. This article explores the impact of AI on the energy sector in Asia, highlighting key developments and initiatives that are shaping the future of energy in the region. AI's Role in Energy Management Artificial intelligence is revolutionizing how energy is produced, managed, and consumed. By leveraging data analytics, machine learning, and predictive modeling, AI can enhance the efficiency of energy systems, reduce operational costs, and improve grid reliability. In Asia,...

Global geothermal investment set to soar 20% annually through 2030, driven by regional demand - TradingView

Global geothermal investment set to soar 20% annually through 2030, driven by regional demand - TradingView Published November 29, 2025 Global Geothermal Investment Set to Surge by 20% Annually Through 2030, Fueled by Regional Demand Geothermal energy is poised for significant growth in the coming years, with global investments expected to increase by 20% annually through 2030. This surge is largely attributed to rising demand across various regions, as countries seek sustainable and reliable energy sources. The increasing recognition of geothermal energy as a viable alternative to fossil fuels is driving this trend, with numerous projects in the pipeline aimed at harnessing the Earth's natural heat. According to a recent report, the geothermal energy market is projected to reach $8.5 billion by 2030, up from $4.5 billion in 2023. This remarkable growth is expected to be supported by advancements in drilling technology, enhanced exploration techniques, and a growing number of g...

Heating up: Geothermal investment set for 20% annual rise through 2030 - Rystad Energy

Heating up: Geothermal investment set for 20% annual rise through 2030 - Rystad Energy Published November 29, 2025 Geothermal Investment Projected to Increase by 20% Annually Through 2030 According to a recent report from Rystad Energy, investments in geothermal energy are expected to rise significantly over the next decade. The analysis indicates that capital expenditures in the geothermal sector will experience an annual increase of 20% through the year 2030. This growth trajectory is attributed to the rising demand for renewable energy sources and the global transition towards sustainable energy solutions. The report highlights that the total investment in geothermal energy is anticipated to reach $25 billion by the end of the decade. This figure represents a substantial increase from the current investment levels, reflecting a growing recognition of geothermal energy's potential as a reliable and consistent energy source. Global Geothermal Market Overview Geothermal energ...

Why South-east Asia is a prime destination for energy and infrastructure investments - The Business Times

Why South-east Asia is a prime destination for energy and infrastructure investments - The Business Times Published November 29, 2025 Why Southeast Asia is a Prime Destination for Energy and Infrastructure Investments Southeast Asia is increasingly recognized as a key region for investment in energy and infrastructure, driven by a combination of economic growth, urbanization, and the urgent need for sustainable energy solutions. The region's diverse economies and strategic location present significant opportunities for both domestic and foreign investors looking to capitalize on the growing demand for energy and infrastructure development. According to the Asian Development Bank (ADB), Southeast Asia's energy demand is projected to grow by 80% by 2040. This surge in demand is primarily fueled by rapid urbanization, population growth, and industrialization. Countries in the region are experiencing a transition towards more sustainable energy sources, which presents a unique ...

Vietnam Positions Itself as Emerging Green Transition Hub in Asia - ESG News

Vietnam Positions Itself as Emerging Green Transition Hub in Asia - ESG News Published November 29, 2025 Vietnam Positions Itself as Emerging Green Transition Hub in Asia Vietnam is increasingly establishing itself as a pivotal player in the green transition within Asia. The country has embarked on a comprehensive strategy aimed at promoting sustainable development and reducing carbon emissions, aligning with global efforts to combat climate change. This transition is not only essential for environmental sustainability but also presents significant economic opportunities for Vietnam. As part of its commitment to the Paris Agreement, Vietnam has set ambitious targets to reduce greenhouse gas emissions. The government has outlined a roadmap to achieve net-zero emissions by 2050, which includes a substantial shift towards renewable energy sources. According to the latest reports, Vietnam aims to generate 30% of its energy from renewable sources by 2030, a significant increase from the...

IFC, PDT And Ditrolic Energy Unite To Develop 2,000 Km² Renewable Energy Corridor With 4 GW Solar Capacity In Johor - SolarQuarter

IFC, PDT And Ditrolic Energy Unite To Develop 2,000 Km² Renewable Energy Corridor With 4 GW Solar Capacity In Johor - SolarQuarter Published November 29, 2025 Collaboration on Renewable Energy Corridor in Johor: IFC, PDT, and Ditrolic Energy Join Forces for 4 GW Solar Project The International Finance Corporation (IFC), along with PDT and Ditrolic Energy, has announced a significant partnership aimed at establishing a vast renewable energy corridor in Johor, Malaysia. This ambitious project will encompass an area of 2,000 square kilometers and is projected to generate a remarkable 4 gigawatts (GW) of solar energy capacity. This collaboration marks a pivotal moment in the region's commitment to sustainable energy solutions, aligning with global efforts to transition towards renewable energy sources. The initiative is set to not only bolster Malaysia’s energy infrastructure but also contribute to the overall reduction of carbon emissions in the region. Project Overview and Objec...

Construction of Hydropower Plants in Kyrgyzstan: EDB and ORTA ASYA Investment Holding Join Forces - Евразийский банк развития

Construction of Hydropower Plants in Kyrgyzstan: EDB and ORTA ASYA Investment Holding Join Forces - Евразийский банк развития Published November 29, 2025 Collaboration for Hydropower Development in Kyrgyzstan: EDB and ORTA ASYA Investment Holding Unite The Eurasian Development Bank (EDB) has announced a strategic partnership with ORTA ASYA Investment Holding to advance the construction of hydropower plants in Kyrgyzstan. This collaboration aims to enhance the country's energy security and promote renewable energy sources, aligning with regional efforts to harness the potential of hydropower. Kyrgyzstan is endowed with significant water resources, making it an ideal location for hydropower generation. The country’s mountainous terrain and river systems provide a natural advantage for developing hydroelectric facilities. The partnership between EDB and ORTA ASYA Investment Holding is set to leverage these resources effectively, contributing to the sustainable development of the e...

China’s $1.2 Trillion Mega Dam Project Could Flood South Asia—Here’s Why - Indian Defence Review

China’s $1.2 Trillion Mega Dam Project Could Flood South Asia—Here’s Why - Indian Defence Review Published November 29, 2025 China’s $1.2 Trillion Mega Dam Project Could Flood South Asia—Here’s Why China is embarking on an ambitious $1.2 trillion mega dam project that has raised significant concerns regarding its potential impact on South Asia. The project, which aims to enhance China’s water management and energy production capabilities, could lead to substantial flooding in neighboring countries, particularly India, Bangladesh, and Nepal. This article explores the details of the project, its objectives, and the implications it may have for the region. Overview of the Mega Dam Project The mega dam initiative is part of China’s broader strategy to bolster its infrastructure and energy sectors. This project is expected to include the construction of multiple large-scale dams along the Brahmaputra River, which flows from Tibet through India and Bangladesh before emptying into the Ba...