EPI buys 60% in Biliran geothermal project company in the Philippines - ThinkGeoEnergy

EPI buys 60% in Biliran geothermal project company in the Philippines - ThinkGeoEnergy

Published January 03, 2026

EPI Acquires 60% Stake in Biliran Geothermal Project Company in the Philippines

Energy Development Corporation (EDC), a prominent player in the renewable energy sector, has announced that its subsidiary, Emerging Power Inc. (EPI), has successfully acquired a 60% stake in the Biliran Geothermal Project Company. This acquisition marks a significant step in EPI's strategy to expand its geothermal portfolio in the Philippines.

The Biliran geothermal project is situated on Biliran Island, which is located in the Eastern Visayas region of the Philippines. The project is expected to harness the geothermal energy potential of the area, which has been identified as one of the promising sites for geothermal development in the country.

According to EDC, the Biliran geothermal project has an estimated capacity of 50 megawatts (MW), which will contribute to the growing demand for renewable energy in the Philippines. The project aims to provide a sustainable and reliable source of electricity to support the local grid and reduce the country's reliance on fossil fuels.

The acquisition of the 60% stake in the Biliran geothermal project aligns with EPI's commitment to promoting renewable energy and supporting the Philippines' transition to a more sustainable energy future. EPI has been actively involved in various renewable energy projects across the country, focusing on harnessing the potential of geothermal, solar, and wind energy.

EDC's President and Chief Operating Officer, Richard B. Tantoco, expressed optimism about the acquisition, stating that it reinforces the company's dedication to expanding its geothermal energy portfolio. He emphasized the importance of geothermal energy in achieving energy security and sustainability in the Philippines.

The Biliran geothermal project is expected to create job opportunities in the region during its construction and operational phases. EPI aims to work closely with local communities to ensure that the benefits of the project are shared and that local stakeholders are engaged throughout the development process.

In addition to its environmental benefits, the Biliran geothermal project is anticipated to enhance energy access in the region. The project will contribute to the government's efforts to increase the share of renewable energy in the national energy mix, in line with the Philippines' commitments to international climate agreements.

The Philippines has significant geothermal resources, ranking third in the world in terms of installed geothermal capacity. The country currently has an installed geothermal capacity of approximately 1,900 MW, with EDC being the largest producer of geothermal energy in the nation. The acquisition of the Biliran geothermal project will further solidify EDC's position as a leader in the geothermal sector.

As part of its long-term strategy, EPI plans to explore additional geothermal resources in the Philippines and expand its renewable energy footprint. The company is committed to investing in sustainable energy projects that contribute to the country's energy security and environmental sustainability.

In conclusion, the acquisition of a 60% stake in the Biliran geothermal project is a significant milestone for EPI and the broader renewable energy sector in the Philippines. This project not only represents an opportunity for growth and development but also underscores the importance of transitioning to renewable energy sources to combat climate change and promote sustainable development.

As EPI moves forward with the Biliran geothermal project, stakeholders and the local community will be closely watching its progress and the positive impacts it is expected to bring to the region.

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Flywheel Energy Storage Market | Global Market Analysis Report - 2035 - Future Market Insights

Flywheel Energy Storage Market | Global Market Analysis Report - 2035 - Future Market Insights

Published January 03, 2026

Flywheel Energy Storage Market: Global Market Analysis Report - 2035

The flywheel energy storage market is poised for significant growth in the coming years, with a comprehensive analysis indicating a promising trajectory through 2035. This report from Future Market Insights provides an in-depth examination of the market dynamics, trends, and forecasts that will shape the future of flywheel energy storage systems globally.

Market Overview

Flywheel energy storage systems (FESS) are increasingly recognized for their ability to provide efficient energy storage solutions. These systems utilize kinetic energy stored in a rotating mass, converting electrical energy into mechanical energy and vice versa. The growing demand for energy storage, driven by the rise of renewable energy sources and the need for grid stability, is a key factor fueling the expansion of the flywheel energy storage market.

Market Dynamics

The flywheel energy storage market is influenced by various factors, including technological advancements, regulatory frameworks, and market demand. The increasing integration of renewable energy sources such as wind and solar power necessitates reliable energy storage solutions to manage supply and demand fluctuations. Additionally, advancements in flywheel technology, including improvements in materials and design, have enhanced the efficiency and lifespan of these systems.

Market Segmentation

The flywheel energy storage market can be segmented based on application, capacity, and region. Key applications of flywheel energy storage systems include:

  • Grid Energy Storage: Flywheel systems are employed to stabilize the grid by providing rapid response to fluctuations in energy supply and demand.
  • Transportation: In the transportation sector, flywheels are used in hybrid and electric vehicles to improve energy efficiency.
  • Industrial Applications: Flywheel energy storage is utilized in various industrial processes to ensure uninterrupted power supply and enhance operational efficiency.

By capacity, the market is categorized into low-capacity (less than 500 kW), medium-capacity (500 kW to 2 MW), and high-capacity (above 2 MW) systems. Each category serves different customer needs and applications.

Regional Analysis

The flywheel energy storage market is geographically segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America holds a significant share of the market, driven by the increasing adoption of renewable energy and the presence of key market players. The United States is a major contributor to the growth of the flywheel energy storage market in this region.

Europe is also witnessing substantial growth, supported by government initiatives aimed at promoting clean energy technologies and reducing carbon emissions. Countries such as Germany, the UK, and France are leading the way in adopting flywheel energy storage systems.

In the Asia-Pacific region, countries like China and India are investing heavily in renewable energy projects, thereby creating opportunities for flywheel energy storage systems. The growing industrial sector in these countries further propels the demand for efficient energy storage solutions.

Market Trends

Several trends are shaping the flywheel energy storage market:

  • Technological Innovations: Ongoing research and development efforts are focused on enhancing the performance and reducing the costs of flywheel systems. Innovations in materials, such as carbon fiber, are contributing to lighter and more efficient flywheels.
  • Hybrid Systems: The integration of flywheel energy storage with other energy storage technologies, such as batteries, is gaining traction. Hybrid systems can provide a more comprehensive solution to energy storage challenges.
  • Increased Investment: Venture capital and private equity investments in flywheel technology companies are on the rise, reflecting growing confidence in the market's potential.

Challenges

Despite the positive outlook, the flywheel energy storage market faces several challenges. High initial investment costs and the need for specialized infrastructure can deter potential customers. Additionally, competition from alternative energy storage technologies, such as lithium-ion batteries, poses a threat to market growth.

Competitive Landscape

The competitive landscape of the flywheel energy storage market is characterized by the presence of several key players. These companies are focusing on strategic partnerships, mergers, and acquisitions to enhance their market position and expand their product offerings. Notable players in the market include:

  • Beacon Power: A pioneer in flywheel energy storage technology, Beacon Power offers advanced flywheel systems for grid stability and frequency regulation.
  • Active Power: Known for its CleanSource® flywheel systems, Active Power provides reliable power solutions for critical applications.
  • VYCON: VYCON specializes in flywheel energy storage systems for various applications, including renewable energy integration and backup power.
  • STORNETIC: STORNETIC offers innovative flywheel systems designed for industrial applications and grid support.

Future Outlook

Looking ahead, the flywheel energy storage market is expected to continue its upward trajectory, driven by the increasing demand for sustainable energy storage solutions. The global push towards decarbonization and the transition to renewable energy sources will further bolster the market's growth. By 2035, the flywheel energy storage market is projected to reach new heights, with substantial advancements in technology and increased adoption across various sectors.

Conclusion

The flywheel energy storage market presents significant opportunities for growth and innovation. As the world transitions to a more sustainable energy landscape, the role of flywheel energy storage systems will become increasingly vital in ensuring energy reliability and efficiency. Stakeholders in the renewable energy sector are encouraged to monitor market trends and developments to capitalize on the potential of flywheel technology.

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Off-Grid Battery Energy Storage Market Size, Share [2032] - Fortune Business Insights

Off-Grid Battery Energy Storage Market Size, Share [2032] - Fortune Business Insights

Published January 03, 2026

Off-Grid Battery Energy Storage Market Size and Share Projections for 2032

The global off-grid battery energy storage market is poised for significant growth, with projections indicating a market size of USD 15.12 billion by 2032. This anticipated increase is attributed to a compound annual growth rate (CAGR) of 20.9% from 2023 to 2032, as reported by Fortune Business Insights.

Key factors driving this expansion include the rising demand for renewable energy sources, advancements in battery technology, and the growing need for energy independence in remote areas. The increasing adoption of off-grid energy systems, particularly in regions lacking reliable electricity infrastructure, is further propelling the market's growth.

Market Dynamics

The off-grid battery energy storage market is influenced by several dynamics that are shaping its trajectory. The push for sustainable energy solutions is a primary driver, as governments and organizations worldwide seek to reduce their carbon footprints and transition to cleaner energy sources. This shift is leading to heightened investments in renewable energy projects, which often require efficient energy storage solutions.

Technological advancements in battery technologies, such as lithium-ion and flow batteries, are also contributing to market growth. These innovations enhance the efficiency, lifespan, and capacity of energy storage systems, making them more attractive for off-grid applications. Moreover, the decline in battery costs has made these systems more accessible to a broader range of consumers.

Regional Insights

Geographically, North America is anticipated to dominate the off-grid battery energy storage market, driven by a growing emphasis on renewable energy integration and energy independence. The United States, in particular, is witnessing a surge in off-grid installations, fueled by the increasing deployment of solar and wind energy systems.

In the Asia-Pacific region, the market is expected to experience rapid growth due to rising energy demands and the need for reliable power supply in rural and remote areas. Countries like India and China are investing heavily in off-grid energy solutions to address their energy access challenges.

Europe is also emerging as a significant player in the off-grid battery energy storage market, bolstered by supportive government policies and initiatives aimed at promoting renewable energy adoption. The region's commitment to reducing greenhouse gas emissions is driving investments in energy storage technologies.

Market Segmentation

The off-grid battery energy storage market can be segmented based on battery type, application, and region. By battery type, the market is categorized into lithium-ion batteries, lead-acid batteries, flow batteries, and others. Lithium-ion batteries are expected to hold the largest market share due to their high energy density and efficiency.

In terms of application, the market is divided into residential, commercial, and industrial segments. The residential segment is anticipated to witness significant growth, as homeowners increasingly seek energy independence and resilience against power outages.

Competitive Landscape

The competitive landscape of the off-grid battery energy storage market is characterized by the presence of several key players, including Tesla, LG Chem, Panasonic, and BYD. These companies are actively engaged in research and development to enhance their product offerings and maintain a competitive edge in the market.

Strategic partnerships and collaborations are also prevalent in the industry, as companies seek to leverage each other's strengths to expand their market reach. Additionally, mergers and acquisitions are expected to play a crucial role in shaping the competitive dynamics of the market.

Challenges and Opportunities

Despite the promising growth prospects, the off-grid battery energy storage market faces certain challenges. High initial costs associated with battery systems can deter potential customers, particularly in developing regions. Furthermore, the limited lifespan of certain battery technologies may pose concerns regarding long-term reliability and performance.

However, the market also presents numerous opportunities for growth. The increasing focus on energy storage solutions for renewable energy integration, coupled with supportive government policies and incentives, is expected to drive demand for off-grid battery systems. Additionally, the rising trend of electrification in remote areas presents a significant opportunity for market expansion.

Conclusion

In conclusion, the off-grid battery energy storage market is on a robust growth trajectory, with a projected market size of USD 15.12 billion by 2032. The combination of rising demand for renewable energy, technological advancements, and the need for energy independence in remote areas is driving this growth. As the market evolves, key players will need to navigate challenges while capitalizing on emerging opportunities to sustain their competitive advantage.

With the increasing emphasis on sustainable energy solutions, the off-grid battery energy storage market is poised to play a crucial role in the global transition towards a greener energy future.

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Delivering Clean Energy the Region Needs: Q&A with Priyantha Wijayatunga on ADB’s Updated Energy Policy - Asian Development Bank

Delivering Clean Energy the Region Needs: Q&A with Priyantha Wijayatunga on ADB’s Updated Energy Policy - Asian Development Bank

Published January 02, 2026

Delivering Clean Energy the Region Needs: A Discussion with Priyantha Wijayatunga on ADB’s Updated Energy Policy

The Asian Development Bank (ADB) has recently updated its energy policy to better address the evolving energy needs of the Asia-Pacific region. In a conversation with Priyantha Wijayatunga, the Director of the Energy Division at ADB, we explore the key aspects of this updated policy and its implications for clean energy development in the region.

Understanding the Updated Energy Policy

The ADB's updated energy policy reflects a strong commitment to promoting sustainable energy solutions across its member countries. This policy aims to facilitate the transition towards cleaner energy systems that are both affordable and accessible. The updated policy is a response to the urgent need for energy security, climate change mitigation, and the growing demand for energy in the region.

According to Wijayatunga, the updated policy emphasizes the importance of integrating renewable energy sources into the energy mix. The ADB recognizes that a diversified energy portfolio is essential for enhancing energy security and achieving sustainable development goals. The policy also highlights the need for energy efficiency measures to reduce consumption and minimize environmental impacts.

Key Features of the Updated Policy

One of the standout features of the updated energy policy is its focus on accelerating the adoption of renewable energy technologies. The ADB aims to support its member countries in scaling up investments in solar, wind, hydro, and other renewable energy sources. This initiative is crucial for reducing reliance on fossil fuels and decreasing greenhouse gas emissions.

Additionally, the updated policy places significant emphasis on energy access. ADB aims to ensure that underserved populations, particularly in rural areas, have access to reliable and affordable energy services. This is vital for enhancing the quality of life and promoting economic development in these regions.

Investment Strategies for Clean Energy

To facilitate the transition to cleaner energy, the ADB has outlined several investment strategies as part of its updated policy. These strategies include mobilizing private sector investments, leveraging public-private partnerships, and enhancing financial instruments to support renewable energy projects.

Wijayatunga noted that the ADB is committed to providing financial support and technical assistance to its member countries. This includes offering grants, loans, and equity investments to help develop renewable energy projects. The bank also aims to strengthen the capacity of local institutions to effectively implement these projects.

Addressing Climate Change and Energy Security

The updated energy policy also addresses the pressing challenges posed by climate change. The ADB recognizes that climate change poses significant risks to energy systems and overall economic stability. Therefore, the policy aims to promote climate-resilient energy infrastructure that can withstand the impacts of climate change.

Furthermore, the ADB is focused on enhancing energy security across the region. This involves diversifying energy sources and reducing dependence on imported fossil fuels. By promoting renewable energy and energy efficiency, the ADB aims to create a more resilient energy landscape for its member countries.

Regional Collaboration and Knowledge Sharing

Collaboration among member countries is a cornerstone of the updated energy policy. The ADB encourages knowledge sharing and best practices in renewable energy development. This collaborative approach is essential for addressing common challenges and leveraging collective resources to achieve sustainable energy goals.

Wijayatunga emphasized the importance of regional cooperation in advancing clean energy initiatives. By working together, countries can share experiences, technologies, and innovations that can accelerate the transition to renewable energy.

The Role of Technology in Energy Transition

Technology plays a pivotal role in the successful implementation of the updated energy policy. The ADB is committed to supporting the deployment of innovative technologies that enhance energy efficiency and facilitate the integration of renewable energy into existing systems.

According to Wijayatunga, advancements in energy storage, smart grids, and digital technologies are crucial for optimizing energy use and improving system reliability. The ADB aims to foster partnerships with technology providers to ensure that member countries have access to the latest advancements in the energy sector.

Future Outlook and Challenges

Looking ahead, the ADB recognizes that there are several challenges to achieving the goals outlined in the updated energy policy. These challenges include regulatory barriers, financing constraints, and the need for capacity building in member countries.

To address these challenges, the ADB is committed to working closely with governments, private sector stakeholders, and civil society organizations. By fostering an enabling environment for renewable energy development, the ADB aims to overcome obstacles and facilitate a successful energy transition.

Conclusion

The Asian Development Bank's updated energy policy represents a significant step towards delivering clean energy solutions that meet the needs of the region. Through a comprehensive approach that prioritizes renewable energy, energy access, climate resilience, and regional collaboration, the ADB aims to support its member countries in their journey towards sustainable energy futures.

In summary, the updated policy not only addresses the urgent need for clean energy but also sets the stage for a more secure and sustainable energy landscape in the Asia-Pacific region. The commitment to innovation, investment, and cooperation is essential for realizing the full potential of renewable energy and ensuring a brighter future for all.

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Ex-QC mayor Herbert Bautista acquitted of graft over P25-M solar power deal - GMA Network

Ex-QC mayor Herbert Bautista acquitted of graft over P25-M solar power deal - GMA Network

Published January 02, 2026

Herbert Bautista Cleared of Graft Charges Related to P25 Million Solar Power Contract

Former Quezon City Mayor Herbert Bautista has been acquitted of graft charges stemming from a solar power project valued at P25 million. The decision was handed down by the Sandiganbayan, the anti-graft court of the Philippines, which ruled in favor of Bautista, stating that the prosecution failed to establish sufficient evidence against him.

Background of the Case

The graft case against Bautista revolved around a contract awarded to a private company for the installation of solar power facilities in Quezon City. The project, which was intended to promote renewable energy and reduce electricity costs for the local government, was scrutinized after allegations of irregularities surfaced. The prosecution argued that Bautista, as the mayor at the time, had favored the company without following proper bidding procedures, thus violating the Anti-Graft and Corrupt Practices Act.

Details of the Ruling

In its ruling, the Sandiganbayan noted that the prosecution did not provide adequate proof that Bautista acted with malice or intent to commit graft. The court emphasized that the mere awarding of the contract, without evidence of favoritism or improper conduct, does not constitute a violation of the law. The justices highlighted that the documents presented by the prosecution did not convincingly demonstrate that Bautista had engaged in corrupt practices during the procurement process.

Implications of the Decision

Bautista expressed relief following the verdict, stating that the ruling vindicated him from the allegations that had clouded his reputation. He maintained that the solar power project was a legitimate effort to harness renewable energy for the benefit of the city and its residents. The court's decision is expected to have implications for future cases involving public officials and procurement processes, as it underscores the necessity for concrete evidence in graft cases.

Renewable Energy Initiatives in Quezon City

The solar power project in question was part of a broader initiative by the Quezon City government to promote sustainable energy sources and reduce reliance on fossil fuels. The local administration has been actively pursuing various renewable energy projects to address environmental concerns and enhance energy efficiency within the city.

In recent years, Quezon City has implemented several programs aimed at increasing the use of solar energy. These initiatives include the installation of solar panels on government buildings and the promotion of solar energy systems for residential and commercial properties. The local government has also encouraged partnerships with private firms to expand its renewable energy capabilities.

Conclusion

The acquittal of Herbert Bautista marks a significant development in the ongoing efforts to ensure transparency and accountability in government contracts. As the Philippines continues to advance its renewable energy agenda, the outcome of this case may influence how future projects are managed and scrutinized. The focus on renewable energy remains crucial for the country’s sustainability goals, and the successful implementation of such projects is essential for fostering a greener future.

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Standalone energy storage systems account for 64% of utility-scale tendering activity in first quarter of 2025 - Institute for Energy Economics and Financial Analysis (IEEFA)

Standalone energy storage systems account for 64% of utility-scale tendering activity in first quarter of 2025 - Institute for Energy Economics and Financial Analysis (IEEFA)

Published January 02, 2026

Standalone Energy Storage Systems Represent 64% of Utility-Scale Tendering Activity in Q1 2025

The Institute for Energy Economics and Financial Analysis (IEEFA) has released a report indicating that standalone energy storage systems accounted for 64% of utility-scale tendering activities during the first quarter of 2025. This significant figure highlights the growing importance of energy storage solutions in the renewable energy landscape.

According to the IEEFA report, the total volume of utility-scale energy storage projects tendered in the first quarter reached an impressive 12.5 gigawatt-hours (GWh). This marks a substantial increase compared to previous quarters, demonstrating a robust demand for energy storage systems as utilities seek to enhance grid reliability and integrate renewable energy sources more effectively.

The report also notes that the trend towards standalone energy storage systems is driven by several factors, including the declining costs of battery technologies, increasing regulatory support, and the urgent need for grid modernization. As utilities strive to meet renewable energy targets and maintain a stable energy supply, energy storage solutions have become a critical component of their strategies.

Market Dynamics and Regional Insights

Regionally, the uptake of standalone energy storage systems varies significantly. The IEEFA report highlights that the United States continues to lead in energy storage deployment, accounting for a substantial share of the global market. In particular, California remains a key player, with numerous projects aimed at enhancing the state's renewable energy capacity and grid resilience.

Other regions, such as Europe and Asia, are also witnessing increased interest in energy storage technologies. Countries like Germany and China have made significant investments in battery storage systems, recognizing their potential to support renewable energy integration and reduce reliance on fossil fuels.

The competitive landscape for energy storage systems is evolving, with numerous companies entering the market to capitalize on the growing demand. Traditional energy companies are increasingly partnering with technology firms to develop innovative storage solutions that meet the needs of utilities and consumers alike.

Technological Advancements and Cost Trends

The IEEFA report emphasizes that advancements in battery technologies are a key driver of the increasing adoption of standalone energy storage systems. Lithium-ion batteries, in particular, have seen significant improvements in performance and cost-effectiveness, making them the technology of choice for many utility-scale projects.

As a result of these advancements, the cost of battery storage has declined dramatically over the past decade. According to the report, the average cost of lithium-ion battery systems fell by nearly 90% between 2010 and 2023. This trend is expected to continue, further enhancing the economic viability of energy storage solutions.

Moreover, the integration of artificial intelligence (AI) and machine learning technologies into energy storage systems is paving the way for more efficient operations and management. These technologies enable better prediction of energy demand and supply, allowing utilities to optimize the use of their storage systems and improve overall grid performance.

Policy and Regulatory Support

Government policies and regulatory frameworks play a crucial role in shaping the energy storage market. The IEEFA report highlights that many countries are implementing supportive policies to encourage the deployment of energy storage systems. These include financial incentives, grants, and favorable regulatory conditions that facilitate investment in storage technologies.

In the United States, for instance, the Biden administration has prioritized clean energy initiatives, including the expansion of energy storage capabilities as part of its broader climate agenda. This focus is expected to drive further investments in the sector and accelerate the transition to a more sustainable energy future.

Similarly, the European Union is actively promoting energy storage as a means to achieve its climate goals. The European Green Deal emphasizes the importance of energy storage in facilitating the integration of renewable energy sources and enhancing energy security across member states.

Challenges and Future Outlook

Despite the positive trends in the energy storage market, challenges remain. The IEEFA report identifies several barriers to widespread adoption, including regulatory hurdles, the need for standardized interconnection processes, and concerns related to the lifecycle management of battery systems.

Furthermore, while the costs of battery storage are declining, the initial capital investment required for large-scale deployment can still be a significant barrier for some utilities. Addressing these challenges will be critical to unlocking the full potential of energy storage systems and ensuring their successful integration into the energy grid.

Looking ahead, the future of standalone energy storage systems appears promising. As technology continues to advance and costs decrease, it is expected that the share of energy storage in utility-scale projects will continue to grow. The IEEFA report forecasts that energy storage will play an increasingly vital role in supporting the transition to a decarbonized energy system, enabling utilities to manage the complexities of renewable energy integration effectively.

Conclusion

In summary, the IEEFA report underscores the significant role that standalone energy storage systems are playing in the utility-scale tendering landscape. With 64% of tendering activity attributed to these systems in the first quarter of 2025, it is clear that energy storage is becoming an essential component of modern energy infrastructure. As advancements in technology and supportive policies continue to drive this market forward, the potential for energy storage to enhance grid reliability and facilitate the transition to renewable energy sources is greater than ever.

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Orsted favours investing more in Taiwan, South Korea over new markets in Asia, says exec - Reuters

Orsted favours investing more in Taiwan, South Korea over new markets in Asia, says exec - Reuters

Published January 02, 2026

Ørsted Prioritizes Investments in Taiwan and South Korea Over New Asian Markets, Executive Reports

Ørsted, a leading player in renewable energy, has announced its strategic preference for increasing investments in Taiwan and South Korea rather than exploring new markets in Asia. This statement was made by the company’s Chief Executive Officer, Mads Nipper, during a recent press briefing.

As Ørsted continues to expand its footprint in the renewable energy sector, Nipper emphasized that the company is committed to leveraging its existing operations in these two countries. The focus on Taiwan and South Korea aligns with Ørsted's broader strategy of strengthening its position in regions where it already has a significant presence.

Investment Strategy and Market Dynamics

Nipper highlighted that both Taiwan and South Korea have established themselves as pivotal markets for offshore wind energy development. Ørsted's current investments in these countries are expected to yield substantial returns, given the supportive regulatory frameworks and the growing demand for clean energy solutions.

In Taiwan, Ørsted has been actively involved in developing offshore wind projects, which have been met with positive reception from both the government and the public. The Taiwanese government has set ambitious targets for renewable energy, aiming for 20% of its power generation to come from renewable sources by 2025. This goal provides a conducive environment for Ørsted to expand its operations and contribute to the local energy mix.

Similarly, South Korea has emerged as a key player in the renewable energy landscape. The South Korean government has committed to transitioning away from fossil fuels and increasing its reliance on renewable energy sources. Ørsted's existing projects in the region are well-positioned to benefit from this shift, as demand for offshore wind energy continues to rise.

Focus on Existing Projects

Ørsted's decision to concentrate on Taiwan and South Korea comes in light of the company's successful project completions in these regions. The company has already established a strong operational base, which allows for greater efficiency and reduced risks compared to entering entirely new markets.

In Taiwan, Ørsted has made significant strides with its flagship offshore wind project, which is expected to generate substantial amounts of clean electricity. This project not only reinforces Ørsted's commitment to sustainable energy but also contributes to the local economy through job creation and investment in infrastructure.

In South Korea, Ørsted's involvement in offshore wind projects has been met with enthusiasm from local stakeholders. The company has been working closely with the South Korean government and other partners to ensure that its projects align with national energy goals and environmental standards.

Long-Term Vision and Commitment to Sustainability

Ørsted's long-term vision is centered around sustainability and the transition to renewable energy. The company aims to be a leader in the global shift towards green energy solutions, and its focus on Taiwan and South Korea is a testament to this commitment.

Nipper stated that Ørsted is dedicated to investing in technologies and projects that will enable a more sustainable future. The company's strategy is not only about financial returns but also about making a positive impact on the environment and society as a whole.

With the increasing urgency to combat climate change, Ørsted's role in promoting renewable energy is more critical than ever. The company's investments in Taiwan and South Korea are expected to play a significant role in meeting global climate targets and reducing carbon emissions.

Conclusion: A Strategic Move in the Renewable Energy Sector

Ørsted's decision to prioritize investments in Taiwan and South Korea reflects a strategic approach to capitalizing on existing opportunities in the renewable energy sector. By focusing on these established markets, Ørsted aims to enhance its operational efficiency and drive sustainable growth.

As the demand for renewable energy continues to rise globally, Ørsted is well-positioned to lead the charge in offshore wind development in Asia. The company's commitment to sustainability and its proactive investments in key markets will undoubtedly contribute to the advancement of clean energy solutions in the region.

In summary, Ørsted's focus on Taiwan and South Korea underscores the importance of strategic investment in established markets, allowing the company to leverage its existing expertise and resources to drive forward the renewable energy agenda in Asia.

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Philippine Geothermal to plant 1 M trees in 7 Luzon provinces - Manila Bulletin

Philippine Geothermal to plant 1 M trees in 7 Luzon provinces - Manila Bulletin

Published January 02, 2026

Philippine Geothermal to Plant 1 Million Trees in Seven Luzon Provinces

Philippine Geothermal Production Company, Inc. (PGPC) has announced an ambitious initiative to plant one million trees across seven provinces in Luzon. This environmental effort is part of the company's commitment to sustainability and ecological restoration in the regions where it operates. The tree planting program aims to support biodiversity, combat climate change, and contribute to the overall health of the ecosystems in these areas.

As part of this initiative, PGPC will collaborate with local government units, non-governmental organizations, and community stakeholders to ensure the effective implementation of the tree planting activities. The selected provinces for this project include Batangas, Cavite, Laguna, Quezon, Nueva Ecija, Tarlac, and Pampanga. These regions were chosen due to their ecological significance and the potential for positive environmental impact.

The tree planting project is expected to span several years, with the goal of planting a substantial number of trees each year until the target of one million is achieved. PGPC's commitment to this initiative aligns with the Philippine government's reforestation efforts and the global movement towards sustainable development.

Environmental Impact and Community Involvement

PGPC recognizes the essential role that trees play in maintaining ecological balance. Trees provide numerous benefits, including carbon sequestration, improved air quality, and habitat for wildlife. By planting one million trees, PGPC aims to enhance the natural environment and contribute to the fight against climate change.

Community involvement is a critical component of the tree planting initiative. PGPC plans to engage local residents in the planting process, providing them with opportunities to participate actively in the restoration of their environment. This approach not only fosters a sense of ownership among community members but also educates them about the importance of environmental stewardship.

In addition to planting trees, PGPC will implement educational programs to raise awareness about the significance of reforestation and sustainable practices. These programs will target schools, local organizations, and community groups, ensuring that the message of environmental conservation reaches a broad audience.

Collaboration with Local Governments

To facilitate the tree planting initiative, PGPC will work closely with local government units (LGUs) in the selected provinces. This collaboration is essential for securing the necessary permits, identifying suitable planting sites, and coordinating logistics for the tree planting events.

Local governments are expected to play a key role in promoting the initiative within their communities, helping to mobilize volunteers and resources. By partnering with LGUs, PGPC aims to create a unified approach to reforestation that aligns with local development goals and environmental policies.

Tree Species Selection

The selection of tree species for the planting initiative will be based on ecological suitability and the specific needs of each region. PGPC plans to prioritize native tree species, which are better adapted to the local environment and provide essential habitats for indigenous wildlife. Native species also require less maintenance and are more resilient to local climate conditions.

By focusing on native trees, PGPC aims to restore natural ecosystems and enhance biodiversity in the regions where the planting will take place. This approach aligns with global best practices in reforestation and ecological restoration.

Monitoring and Maintenance

Following the tree planting activities, PGPC will establish a monitoring and maintenance program to ensure the long-term success of the initiative. Regular assessments will be conducted to track the growth and survival rates of the planted trees. This monitoring will help identify any challenges that may arise, allowing for timely interventions to support the young trees.

Maintenance activities may include watering, mulching, and protection against pests and diseases. By committing to the ongoing care of the planted trees, PGPC aims to maximize the environmental benefits of the initiative and ensure that the trees reach maturity.

Long-term Goals

The tree planting initiative is part of PGPC's broader sustainability strategy, which encompasses various environmental, social, and governance (ESG) objectives. By undertaking this project, PGPC aims to enhance its corporate responsibility profile and contribute positively to the communities in which it operates.

In addition to the immediate benefits of tree planting, PGPC envisions a long-term impact on the environment and local communities. The initiative is expected to create green jobs, promote eco-tourism, and improve the overall quality of life for residents in the targeted provinces.

Conclusion

PGPC's commitment to planting one million trees in seven provinces of Luzon represents a significant step towards environmental sustainability and community engagement. Through collaboration with local governments, community stakeholders, and educational programs, PGPC aims to foster a culture of environmental stewardship and contribute to the restoration of natural ecosystems.

This initiative underscores the importance of corporate responsibility in addressing environmental challenges and highlights the potential for renewable energy companies to play a vital role in promoting sustainability. As PGPC embarks on this ambitious project, the positive outcomes for the environment and local communities will be closely monitored and celebrated.

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Tajikistan to build first hydropower green data center in GBAO’s Darvoz district - ASIA-Plus

Tajikistan to build first hydropower green data center in GBAO’s Darvoz district - ASIA-Plus

Published January 02, 2026

Tajikistan to Construct First Hydropower Green Data Center in GBAO’s Darvoz District

Tajikistan is set to embark on an ambitious project to establish its first hydropower green data center in the Darvoz district of the Gorno-Badakhshan Autonomous Oblast (GBAO). This initiative aims to leverage the country's abundant hydropower resources to create a sustainable and environmentally friendly facility that supports the growing demand for data storage and processing.

The announcement was made by the Minister of Energy and Water Resources, Daler Juma, during a recent press briefing. He emphasized the significance of this project in promoting renewable energy and enhancing the digital infrastructure of the region. The data center is expected to be powered entirely by hydropower, aligning with Tajikistan's commitment to sustainable energy practices.

Project Overview

The proposed data center will be located in the Darvoz district, known for its rich natural resources, particularly water. This location was chosen due to its proximity to existing hydropower plants, which will provide a reliable and renewable energy source for the center’s operations. The project is anticipated to harness the energy generated from these plants, ensuring that the data center operates with minimal environmental impact.

According to Juma, the data center will utilize advanced technologies to optimize energy efficiency and reduce carbon emissions. The facility will be designed to accommodate a wide range of data services, including cloud computing, data storage, and processing capabilities. This will not only enhance the digital landscape in Tajikistan but also create new opportunities for businesses and individuals seeking reliable data solutions.

Economic and Environmental Benefits

The construction of the hydropower green data center is expected to bring numerous economic benefits to the region. It is projected to create jobs during both the construction and operational phases, contributing to local employment and skill development. Furthermore, the data center is likely to attract foreign investment, as companies increasingly seek sustainable solutions for their data management needs.

In addition to economic advantages, the project aligns with Tajikistan's broader environmental goals. By utilizing hydropower, the data center will significantly reduce reliance on fossil fuels, thereby decreasing greenhouse gas emissions. This initiative is part of the country's ongoing efforts to transition towards a greener economy and fulfill its commitments under international climate agreements.

Technological Innovations

The data center will incorporate cutting-edge technologies designed to enhance its efficiency and sustainability. These innovations may include advanced cooling systems that reduce energy consumption, as well as smart grid technologies that optimize energy use. The integration of renewable energy sources will also play a crucial role in minimizing the center's carbon footprint.

Moreover, the facility is expected to implement robust cybersecurity measures to protect sensitive data. As the demand for data security continues to rise globally, the data center will prioritize the safety and integrity of the information it manages.

Future Prospects

The establishment of the hydropower green data center in Darvoz is a significant step towards positioning Tajikistan as a regional hub for digital services. As the global demand for data storage and processing continues to grow, the country is well-positioned to capitalize on its renewable energy resources to meet this demand sustainably.

Officials are optimistic that this project will pave the way for further developments in the renewable energy sector and encourage similar initiatives across the country. By showcasing the potential of hydropower in supporting modern infrastructure, Tajikistan aims to attract additional investments and foster innovation in the renewable energy landscape.

Conclusion

The planned hydropower green data center in GBAO’s Darvoz district represents a significant advancement in Tajikistan's renewable energy efforts. By harnessing the power of hydropower, the country is taking a proactive approach to meet the increasing demand for data services while prioritizing environmental sustainability. As the project progresses, it will be closely monitored for its impact on the local economy, job creation, and the overall advancement of renewable energy initiatives in Tajikistan.

With this initiative, Tajikistan is not only investing in its digital future but also setting an example for other nations in the region on how to effectively integrate renewable energy into modern infrastructure projects. The successful implementation of the data center could inspire similar projects, further enhancing the role of renewable energy in supporting economic growth and technological advancement.

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Growth in Asia’s renewable energy sector | Insights | HSBC - HSBC

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