South Korea to Tender 1.25 GW Fixed-Bottom Offshore Wind in First Half of 2025
South Korea’s Energy Agency has announced a competitive bidding for offshore wind projects with a capacity of 1.25 GW and 1 GW solar projects in the first half of 2025.
South Korea’s Energy Agency has announced a competitive bidding for offshore wind projects with a capacity of 1.25 GW and 1 GW solar projects in the first half of 2025.
Government Unveils 540㎿ Energy Storage Plan for Grid Stability
Canada Pension Plan Investment Board (CPP Investments), the largest pension fund in Canada, said its India portfolio crossed C$30 billion (about $21.6 billion) in net assets at the end of its fiscal year on March 31, 2025.
It’s a grand irony that the Trump-era trade war may accelerate clean energy adoption, especially of Chinese solar panels and batteries, in the very countries where energy demand and emissions are growing fastest: South and Southeast Asia. Other regions, from the Pacific to Scandinavia, will also benefit as electric vehicles and electro-tech from China become more available and affordable, despite U.S. trade barriers.
Australia and China can strengthen their ties with Southeast Asian nations through renewable energy initiatives and investments, which will aid the region’s transition towards a green energy future while creating opportunities for partnership-building despite geopolitical tensions. Collaboration pathways exist, including electric vehicles, with China’s leading role in EV technologies complementing Australia’s abundant supplies of lithium and other critical minerals. Another opportunity is renewables like hydrogen, where Australia and China offer significant advantages in production and research and development respectively.
Shares of Chinese electric vehicle battery giant CATL opened 12.5% higher than the subscription price on Tuesday after the company raised $4.6 billion in its Hong Kong listing, the largest in the world this year.
The Danish government has given the green light for a new 3GW offshore wind tender.
The Arab Energy Fund and Stonepeak have formed a $1 billion partnership to invest in Middle East energy infrastructure, while Carlyle has launched Revera Energy, a clean infrastructure platform.
New figures show the wind industry delivered a record 127GW of new capacity globally in 2024 despite macroeconomic and policy challenges.
Australian mining giant Fortescue is proposing to construct a huge 2.1 gigawatt (GW) wind farm and battery energy storage system (BESS) to help eliminate the burning of fossil fuels at its giant Pilbara iron ore operations.