Entries tagged "Power"

  • Energy Investment and Infrastructure in Asia | July 19, 2019, 10:31 a.m.

    On Thursday, July 18, the CSIS Energy & National Security Program hosted a conference featuring keynote remarks by Frank Fannon, Assistant Secretary for the Bureau of Energy Resources at the U.S. Department of State, and Senator Cory Gardner on engaging with Asia to develop mutually beneficial digital infrastructure and energy investment.

  • Asian Lenders Halt Coal Funds | May 14, 2019, 9:23 a.m.

    The biggest commercial bank in Japan is one of the latest Asian lenders to consider a ban on funding for new coal-fired power stations. Asian banks are recognizing the global threat from climate change and pulling back financing for the world's most carbon-intensive energy source, Nikkei reports.

  • Pakistan Dam Draws Scrutiny | Jan. 11, 2019, 9:19 a.m.

    The government of Pakistan awarded a $2.21 billion contract to build the Mohmand dam to a consortium of China Gezhouba and Descon—the latter founded by Abdul Razak Dawood, the prime minister's adviser on commerce and industry. The conflict of interest has drawn scrutiny from the government's leading opposition party which has called for an investigation of the project's procurement process.

  • China Turns To Overseas Hydropower Projects | Jan. 10, 2019, 9:20 a.m.

    China Three Gorges Corp, operator of the world's largest hydropower plant, is turning to projects offshore as domestic costs soar and space runs out on China's crowded rivers. The company, which already has business in more than 40 countries, will focus mostly on South Asia, Southeast Asia, Africa, and Latin America, reports the Nikkei Asian Review.

  • Pakistan Asks China for CPEC Shift | Jan. 4, 2019, 9:26 a.m.

    Pakistan is asking China to shift its investment focus from power and infrastructure projects to industrialization, agriculture, and education as regards the China Pakistan Economic Corridor, reports the Nikkei Asian Review.

  • Indonesia Diversifies Into Renewables | Dec. 21, 2018, 9:23 a.m.

    Three major Indonesian coal miners have announced plans to invest in renewable energy projects, as financing for coal power plants becomes increasingly difficult to obtain and renewables are decreasing in cost.

  • France Halts Japanese Nuclear Project | Dec. 19, 2018, 10:09 a.m.

    The French government recently informed Tokyo of plans to freeze a fast reactor joint project amid rising uranium reserves, which threatens to make redundant Japan's long-standing policy of recycling spent nuclear fuel.

  • Thai Firm Issues Green Bonds | Dec. 14, 2018, 11:15 a.m.

    The power generating arm of Thailand's oldest industrial group, B. Grimm, has issued 5 billion baht ($152 million) in "green bonds" to raise funds for further investment in its renewable energy business, reports the Nikkei Asian Review.

  • Japan To Spend $26.5B On Infrastructure Repairs | Dec. 5, 2018, 10:32 a.m.

    Japan's government has decided to spend over $26.5 billion on infrastructure repairs through March 2021 after identifying 132 existing infrastructure problems at airports, along rivers, at hospitals and with the power grid.

  • Japan To Scrap $44B Nuclear Project | Dec. 4, 2018, 9:33 a.m.

    A Japan-led consortium is set to abandon a Turkish nuclear power project that had been touted as a model for Tokyo's export of infrastructure. The delayed project's construction costs have doubled to around $44 billion, making it difficult for lead builder Mitsubishi Heavy Industries and its partners to continue with the plans.

  • Japan Develops Floating Power Plant | Dec. 3, 2018, 9:06 a.m.

    Japan's Kawasaki Heavy Industries has created a floating, gas-fired power plant that it hopes to sell to power companies in rapidly growing economies in Asia and as an emergency source of power in areas hit by natural disasters where infrastructure remains underdeveloped, reports the Nikkei Asian Review.