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A new study has identified 54 markets globally, including eight in Asia-Pacific, that show huge potential for floating offshore wind (FOW) development. According to the report, Floating Offshore Wind International Market Opportunities, prepared for the Floating Offshore Wind Centre of Excellence (FOW CoE) in collaboration with Offshore Wind Consultants (OWC), FOW can play a significant role in helping countries achieve their net-zero targets, with emerging players such as China and India potentially sharing in the 250 gigawatts of projected generation capacity by 2050.
22 Jun 2022
ConocoPhillips and Eni are the two latest international oil and gas companies to sign deals with QatarEnergy for its North Field East LNG expansion project. The US$30 billion project has already signed up TotalEnergies as a partner.
22 Jun 2022
The OPEC Fund for International Development is providing a US$72 million loan in support of a major hydropower project in Pakistan.
22 Jun 2022
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China Three Gorges Spain (CTGS) will acquire 619 megawatts of solar photovoltaic assets across the regions including Andalucia, Castilla-La Mancha, Comunidad Valenciana and Extremadura.
22 Jun 2022
London-based sustainable infrastructure investor Actis has agreed to acquire a portfolio of six in-operation toll road projects in India. Welspun Enterprises Limited (WEL) is disposing of the assets for an aggregate enterprise value of US$775 million.
22 Jun 2022
Oil and gas major BP has agreed to acquire a 40.5% equity stake in the Asian Renewable Energy Hub (AREH) and become the operator of one of the world's largest renewables and green hydrogen energy hubs based in Australia.
21 Jun 2022
Huaneng Tiancheng Financial Leasing has secured a three-year 187 million yuan (US$27.8 million) account receivable financing facility to fund its direct leasing for two wind power projects in China. The deal marks Deutsche Bank’s first sustainable trade finance transaction aligned with the Common Ground Taxonomy (CGT)
15 Jun 2022
Japan Bank for International Cooperation (JBIC) has signed a memorandum of understanding with Colombian state-owned oil company Ecopetrol to explore opportunities in clean energy.
15 Jun 2022
Project financing has been put in place for a 30-megawatt floating offshore wind farm about 16 kilometres off the French Mediterranean coast, in the Gulf of Lion.
15 Jun 2022
Dajin Heavy Industry has won a contract to supply XXL monopile foundations for a wind farm off the coast of Scotland. The 860-megawatt Moray West project is being principally developed by Ocean Winds, a 50-50 joint venture between EDP Renewables (EDPR) and Engie. A small minority stake is held by UAB Ignitis Renewables.
15 Jun 2022
Qatar and the United States are pressing ahead with the massive expansion of their respective liquefied natural gas export capacity, moves that are expected to dramatically alter the global LNG market in the medium term.
15 Jun 2022
Singapore-based Keppel Infrastructure Trust (KIT) has signed a non-binding memorandum of understanding (MOU) with Jinko Power (HK) Company Limited to explore solar farm and energy storage investment opportunities.
13 Jun 2022
Enrique Razon, one of the Philippines’ wealthiest individuals with a net worth of US$6 billion, according to Forbes, plans to put up what could be the world’s largest solar farm in the country.The ports magnate’s infrastructure arm, Prime Infrastructure Holdings, announced this week that it will put up a facility with a capacity of 2,500 to 3,500 megawatts, along with a massive 4,000 to 4,500 megawatt hour battery energy storage system.
10 Jun 2022