Browsing: Pacific

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.

China’s leading battery and energy storage companies have collectively gained over $70 billion in market capitalization following the US and Israeli strikes on Iran, signaling investor anticipation of a long-term pivot toward renewables.

Thailand is intensifying its focus on low-carbon electricity as the Electricity Generating Authority of Thailand (EGAT) and Korea Hydro & Nuclear Power (KHNP) convened the KHNP–EGAT SMR Technical Seminar in Bangkok.

Singapore based Equator Renewables Asia has raised S$50 million, equivalent to about $39.3 million, to expand solar, green hydrogen, and sustainable industrial infrastructure projects in Indonesia.

Japan imported approximately 87% of its energy in 2023, a dependency that has deepened since the Fukushima nuclear disaster and…