Browsing: Pacific

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…

A consortium led by the Japanese shipping company Mitsui O.S.K. Lines has launched the Japan–New Zealand Hydrogen Corridor to examine the feasibility of producing green hydrogen in New Zealand and exporting it to Japan.

China plans to reduce its carbon intensity by 17 percent during its current five year planning cycle, a faster pace than the 12 percent decline achieved between 2020 and 2025.

The Huai’an Salt Cavern Compressed Air Energy Storage (CAES) project in Jiangsu Province, China, has entered full operation, marking a significant milestone in long-duration energy storage deployment.