Tokyo Gas Co. has made a significant move towards decarbonization by selecting Mitsubishi Power to build three gas turbine combined cycle (GTCC) power plants with a total output of 650 MW in Sodegaura City, Chiba Prefecture.
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Posco Holdings Inc., South Korea’s largest steelmaker, has witnessed an unprecedented surge in its stock prices, jumping as much as 24% on the back of strong quarterly profits and soaring retail investor interest in electric vehicle (EV) battery-related companies.
Australia is witnessing a remarkable surge in renewable energy, offering promising opportunities for increased investment in battery storage projects and the emergence of a hydrogen economy.
Korea Zinc, a leading player in non-ferrous metal smelting, has set its sights on a bold new direction, venturing into the realms of new and renewable energy, resource circulation, and secondary battery materials. Under the leadership of Chairman Yoon-beom Choi, the company is poised to diversify its business portfolio and embrace sustainable energy solutions, including green hydrogen.
PT PGN Tbk and PT Pertamina Power Indonesia (Pertamina NRE) have formed a strategic partnership to explore the potential of developing a low-carbon and renewable energy business.
Billionaire entrepreneur Gautam Adani, the Chairman of the Adani Group, is making significant strides in the renewable energy landscape.
Egypt’s Minister of Electricity and Renewable Energy, Dr. Mohamed Shaker, met with James Jin, Regional President of LONGi’s MEA Region, in Cairo. During their meeting, they discussed the remarkable collaboration between Egypt and China in the electricity and renewable energy sector, highlighting the potential for mutually beneficial outcomes in Egypt’s renewable energy landscape.
Kwinana, located south of Perth, is set to become a hub for cutting-edge clean energy research and training. The Kwinana Energy Transformation Hub (KETH), spearheaded by the Future Energy Exports Cooperative Research Centre (FEnEx CRC), has been awarded a major grant to develop an industrial-scale facility dedicated to researching, testing, and demonstrating decarbonization technologies for the energy industry.
In a momentous step towards sustainable transportation, Bank Pembangunan Malaysia Bhd (BPMB), UOB Malaysia, and China Construction Bank (Malaysia) Bhd have joined forces to provide financing of RM264.5 million for the development of South East Asia’s first hydrogen-powered, autonomous rapid transit (ART) in Kuching, Sarawak.
Electricity Generating Public Company Limited (EGCO Group) and Diamond Generating Asia, Limited (DGA), a wholly-owned subsidiary of Mitsubishi Corporation in Hong Kong, have signed a Memorandum of Understanding (MoU) to explore the development of hydrogen value-chain related businesses and renewable energy projects.
