Browsing: Pacific

Hyundai Engineering & Construction’s development of the South Korea’s first flat-bottom liquid hydrogen storage tank signals a shift toward rethinking storage design as a lever for scaling the hydrogen economy.

Government-backed hydrogen subsidies are increasingly being structured around production-linked mechanisms rather than upfront capital grants, reflecting a shift in how policy frameworks attempt to de-risk large-scale electrolytic hydrogen projects.

Vietnam’s rapid expansion of renewable energy capacity has outpaced the development of grid flexibility, increasing the urgency for large-scale storage solutions to stabilize supply and demand. The inauguration of a new battery energy storage manufacturing facility by GG Power in Hung Yen province reflects a strategic shift toward domestic production of storage technologies to support this transition.

Research from the University of New South Wales suggests that one of the technology’s most fundamental constraints, internal water accumulation, may be addressed through relatively simple design modifications, with reported performance gains of up to 75 percent.

Saudi Arabia-based ACWA Power is preparing to commit at least $30 billion to China over the next five years, reinforcing a strategic pivot that reflects both confidence in the country’s energy transition and a growing reliance on its industrial ecosystem.

Across the Asia Pacific region, a pipeline of more than 56 GW of planned green hydrogen capacity is translating into just 6.46 GW under construction, highlighting a widening execution gap in one of the world’s most closely watched energy transition markets.

Global renewable power capacity reached 5,149 gigawatts (GW) by end-2025, following a record 692 GW addition that marked a 15.5% annual increase, with renewables capturing 85.6% of all new capacity expansions.

Chiyoda Corporation, Nippon Yusen Kabushiki Kaisha, and Knutsen NYK Carbon Carriers have signed a memorandum of understanding to jointly explore carbon capture and storage deployment across global markets.

Tensions around the Strait of Hormuz continue to expose a structural weakness in global logistics: a freight system still overwhelmingly dependent on diesel.

Porsche is restructuring its electric vehicle battery sourcing strategy in South Korea, mandating that all models sold in the market use locally produced battery cells, a move that reflects both regulatory pressure and shifting consumer expectations in one of Asia’s most scrutinized EV markets.