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Australia plans to add 32GW RE by 2030
Renewables Asia PacificThe Australian federal government is expanding the Capacity Investment Scheme by 32GW to increase new investment in renewable and clean dispatchable energy projects across the country
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EXCLUSIVE Nepal mulls offshore financing for hydro project
Power Asia PacificNepal is looking to attract international lenders to develop its much awaited 635MW Dudhkoshi hydropower project
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Mytilineos signs second PPA for Oz solar
Renewables Asia PacificGreece-based Mytilineos Energy & Metals has secured Australia government-owned broadband provider NBN Co as the second offtaker for its greenfield solar power plant in southeast Queensland
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Origin delays takeover vote amid revised offer
Power Asia PacificThe Brookfield-led consortium looking to acquire Origin Energy has made a non-binding and indicative proposal to amend its offer amid doubts the proposal would have achieved majority shareholder approval at the scheduled meeting today
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UPDATE: IFC to advise on Philippines' transport PPPs
Transport Asia PacificThe Philippines has signed on the International Finance Corporation as transactional advisers for several transport sector projects
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Shandong Hi-Speed buys stake in China's VNet
Telecoms Asia PacificHong Kong-listed Shandong Hi-Speed Holdings Group has agreed to acquire a 42.1% stake in Chinese data centre operator VNet for a cash consideration of $299 million
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Corio, BP to invest in Korean offshore wind
Renewables Asia PacificTwo British firms have pledged to invest $1.2 billion into offshore wind projects being developed off the southern coast of South Korea
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ACWA bags wind PPP in Uzbekistan
Renewables Asia PacificThe International Company for Water and Power Projects has won the bid for a 200MW wind power plant + 100MWh battery energy storage system in Uzbekistan
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Australian firms mull gas pipeline for CCS
Oil & Gas Asia PacificAustralian oil and gas company Santos yesterday signed an MoU with Australia-based APA Group to potentially develop a CO2 pipeline throughout eastern Australia for its carbon, capture, and storage project
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CIP selects Canadian Solar for Oz BESS
Renewables Asia PacificDanish renewable developer Copenhagen Infrastructure Partners has selected Canadian Solar for its greenfield battery energy storage system in South Australia
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Oz rare earth project secures A$50m financing
Mining Asia PacificRare earths producer Hastings Technology Metals has secured up to A$50 million in equity financing from Alpha Investment Partners to support its Yangibana Rare Earths Project in western Australia
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EXCLUSIVE UPDATE: Maldives solar PPP to be re-tendered
Renewables Asia PacificThe tender for the installation of 20MWp floating and ground mounted solar on 20 outer islands of the Maldives has closed
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EXCLUSIVE Heritage Minerals to FC on gold and copper mine
Mining Asia PacificAustralia-based Heritage Minerals expects to achieve financial close by the end of the year on a gold and copper mine rehabilitation project in Queensland
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Rest invests in Quinbrook
Renewables Asia PacificAustralian superannuation fund, Rest, has committed a $656 million infrastructure investment to Quinbrook, a renewable energy focused investment manager as part of their support for Australia's energy transition
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Japan, Malaysia partner for CCS
Power Asia PacificA Japanese consortium led by Japan Petroleum Exploration has signed an agreement to develop a carbon capture and storage project off the Malaysian coast
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Indonesia launches investment plan to phase out coal
Renewables Asia PacificIndonesia’s government today launched a comprehensive investment and policy plan with a group of high-income nations to help the country transition away from coal
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Kazakhstan awards wind projects
Renewables Asia PacificKazakhstan has completed the auctions for its wind power projects, awarding around 410MW to 7 companies
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Australia awards 6 batteries for firming infra
Renewables Asia PacificThe Australian government has chosen 6 battery projects with a combined capacity of 1.075GW to produce dispatchable energy across New South Wales through the Capacity Investment Scheme
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Fortescue achieves FID for green hydrogen and iron
Renewables Asia PacificAustralia-listed Fortescue Metal Group has achieved a financial investment decision for green hydrogen and iron projects with an estimated total investment value of $750 million in Australia and the US