Abu Dhabi’s Mubadala Investment Company has taken a step towards advancing clean energy initiatives in Japan through a strategic investment in PAG’s Asia Pacific renewable energy platform. The cornerstone investment focuses on delivering solar power to corporations throughout Japan, aligning with the nation’s ambitious plans to install 108GW of solar capacity by 2030. Leveraging PAG’s extensive experience in the Japanese real estate sector and the expertise of its in-house renewable energy team, PAG REN I aims to operate across developed Asia Pacific economies with a primary focus on Japan. Hammad Rahman, head of Asia Pacific – traditional infrastructure at Mubadala,…
Author: Lakshita Kapoor
Tenaga Nasional Bhd (TNB) gears up for Regulatory Period 4 (RP4) 2025-2027 with substantial capital expenditure (capex) aimed at bolstering Malaysia’s energy transition and meeting the projected growth in electricity demand. Under the National Energy Transition Roadmap (NETR), TNB is spearheading three pivotal large-scale renewable energy and clean technology initiatives. These include centralised large-scale solar (LSS) parks, hybrid hydro floating solar (HHFS) arrays, and hydrogen and ammonia co-firing projects. With a goal of achieving over 3,000 megawatts (MW) of renewable-energy capacity by 2040, TNB plans to focus on deploying HHFS technology, with approximately 2,500MW, and establishing five different LSS parks…
China’s commitment to low-carbon development is not only reshaping its own economy but is also propelling a global shift towards sustainability. According to experts speaking at the China Economic Roundtable, hosted by Xinhua News Agency, China’s surge in new energy initiatives is not only meeting its green development targets but is also driving global momentum towards a cleaner future. In 2020, China pledged to peak its carbon dioxide emissions before 2030 and achieve carbon neutrality by 2060. Since then, the country has accelerated its efforts in renewable energy, industrial upgrades, and new energy vehicle (NEV) production. With its NEV fleet…
China has unveiled its pioneering sodium-ion battery energy storage station in Nanning, a move that could revolutionize the clean-energy industry. Located in the Guangxi autonomous region, this station boasts an initial storage capacity of 10 megawatt hours (MWh), with plans to expand to 100MWh. Once completed, it is projected to deliver 73,000MWh of renewable energy annually, meeting the needs of 35,000 households and slashing 50,000 tonnes of carbon dioxide emissions yearly. Compared to traditional lithium-ion batteries, the sodium-ion battery system exhibits superior energy conversion efficiency, surpassing 92%. This breakthrough promises enhanced performance and reliability for energy storage, crucial for scaling…
In a bid to reduce trade ties with China by hiking tariffs, the United States (US) has inadvertently fueled a surge in imports from Vietnam. This shift has significantly widened trade imbalances, with Vietnam now boasting a trade surplus with the U.S. amounting to approximately $105 billion, a staggering 2.5 times larger than in 2018 when tariffs curbs on Chinese goods were first imposed by the Trump administration. Data reviewed from various sources including the United Nations, U.S., Vietnam, and China, along with preliminary estimates from the World Bank and experts, confirm this burgeoning relationship. It reveals that Vietnam’s export…
Pakistani experts and officials emphasised the necessity of concerted efforts and enhanced cooperation to facilitate a transition to renewable energy in the textile industry. This call to action comes in response to the European Union’s implementation of the Carbon Border Adjustment Mechanism (CBAM), which poses challenges to countries like Pakistan heavily reliant on textile exports. The Sustainable Development Policy Institute (SDPI), based in Islamabad, organised a seminar addressing energy transition in the textile sector. Experts stressed the importance of establishing multi-sectoral collaborations and inclusive interventions to ensure a just energy transition within Pakistan’s textile industry. Romina Khurshid Alam, the coordinator…
For green energy in Malaysia, Zecon Bhd. is making extensive plans. This Kota Petra Masterplan includes 3000 acres of potential solar farms and other green energy projects. It shows that the nationwide push towards more use of renewable resources has been taken seriously. According to Datuk Zainal Abidin Ahmad, their managing director, they are currently discussing with various bodies as well as technology companies such as Huawei Technologies among others on how best they can work together for a possible solar project at Sarawak or Sabah. Last year August saw them sign an MOU with Neuto Energy Sdn Bhd which…
Sarawak’s Premier, Tan Sri Abang Johari Openg, is set to become a voice in global discussions on climate change and renewable energy. Scheduled to participate in two key forums in Poland next week. Tan Sri Abang Johari Openg, the incumbent Premier, is a prominent political figure recognized for his dedication to sustainable development and environmental initiatives in Sarawak, a Malaysian state. At the premier, Abang Johari will shed light on Sarawak’s stance and efforts towards energy transition, renewable energy security, decarbonisation, and environmental sustainability. In a statement released by the Sarawak Premier’s Office on April 18, it was announced that…
As the Philippines charts its course towards energy security and a cleaner future, it faces a pivotal moment marked by the dwindling reserves of the Malampaya gas field and a burgeoning reliance on imported liquefied natural gas (LNG). With the Malampaya field projected to be depleted by 2027, the country is confronted with the prospect of a significant natural gas deficit, necessitating a shift towards imported LNG to meet its energy needs. According to the Department of Energy (DoE), the depletion of domestic gas sources could leave the Philippines heavily reliant on imported LNG as early as 2025. This reality…
In a significant move towards sustainable energy practices, the Malaysian government has announced the establishment of the Energy Exchange Malaysia (Enegem). This platform aims to facilitate the cross-border sales of green electricity to neighboring countries, aligning with Malaysia’s energy transition goals and its commitment to supporting regional power integration through the ASEAN Power Grid Initiative (APG). The Energy Transition and Water Transformation Ministry released a statement, highlighting the importance of Enegem in promoting green energy trading across borders. The initiative will operate under the guidance of the latest ‘Guide for Cross-Border Electricity Sales (CBES)’ issued by the Energy Commission. The…