Asia
Masdar led Consortium Secure Financing for Al Sadawi Solar Project
Project financing is now secured for the construction of one of the most ambitious solar plants, set to become one of the world’s largest solar installations.
The deal gathers eight of the region's and world's leading banks, whose commitments will...
Asia
Aramco Signs $11b Jafurah Midstream Deal With GIP Consortium
Jafurah Midstream Gas Company has secured a major foreign direct investment, together with a lease and leaseback agreement for the development and usage rights of Aramco's midstream assets at Jafurah. The transaction guarantees Aramco a receipt of $11 billion...
Asia
Envision Energy Unveils Smart Two-Blade Wind Turbine Design
China’s Envision Energy has achieved a major engineering milestone by creating a two-blade wind turbine capable of delivering performance on par with traditional three-blade models.
After a consecutive operating time of 500 days, the turbine has proven itself to be...
Asia
Construction of First Kazakhstan Nuclear Power Plant Begins
Kazakhstan has formally launched construction of its inaugural nuclear power plant, marking a crucial milestone in the nation’s energy development.
In the Almaty region, the inauguration ceremony included the symbolic laying of a capsule and the start of engineering surveys.
Addressing...
Asia
AboitizPower Eyes Investments in Vietnam’s Power Sector
The Aboitiz Group, via its energy arm AboitizPower, is actively exploring new opportunities to invest in Vietnam’s power sector following high-level meetings with Vietnamese authorities. This initiative comes as Vietnam pursues rapid economic growth and accelerates its transition to...
Asia
CNNC to Construct Third Kazakhstan Nuclear Power Plant
China National Nuclear Corporation (CNNC) had previously been selected to develop Kazakhstan’s second nuclear power plant. It will now take on the third as well. The confirmation came from First Deputy Prime Minister Roman Sklyar.
Back in October 2024, the...
Asia
Taipingling Nuclear Power Plant Unit 2 Completes Hot Test
At Unit 2 of the Taipingling nuclear power plant in China’s Guangdong province, engineers have finished a critical round of testing designed to simulate the heat and pressure the reactor will face during normal operations. This is the second...
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