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South Korea
2020-12-31
South Korea-U.K. FTA About to Take Effect
The Ministry of Trade, Industry and Energy announced on Dec. 30 that the South Korea-U.K. FTA would become effective at 8:00 a.m. Jan. 1.
Electricity Transmission
2020-12-31
Nation to Build Over 600,000 5G Base Stations During 2021
China will build more than 600,000 5G base stations in 2021 as the nation accelerates the rollout of wireless technology, according to the Ministry of Industry and Information Technology.
Nuclear Power Plant
2020-12-30
China: Hot Test of Tianwan Nuclear Power Unit 6 Ended Successfully
On December 29, 2020, the hot test of Tianwan Nuclear Power Unit 6 was successfully concluded, marking a successful end to 2020 and bringing more hope for the upcoming 2021 New Year!
China
2020-12-30
China Datang Buys Stake in Indonesian Power Plants
China Datang Corp has bought a majority stake in PT Dian Swastatika Sentosa’s (DSS) thermal power plants in Indonesia for US$394mil.
Coal Production
2020-12-30
China Coal Output Hits Snags as Harsh Winter Begins
The Chinese central government's efforts to raise domestic coal output are facing further bureaucratic setbacks even as a nationwide "super cold snap" threatens to significantly raise heating demand.
Electric Car
2020-12-30
China's Sichuan Yahua to Supply LiOH to Tesla
Chinese lithium producer Sichuan Yahua Industrial has signed an agreement to supply battery-grade lithium hydroxide to US electric vehicle manufacturer Tesla.
Nuclear Power Plant
2020-12-30
China Starts Building Second CFR-600 Fast Reactor
Construction work has started on the second CFR-600 sodium-cooled pool-type fast-neutron nuclear reactor in Xiapu County, in China's Fujian province.
LNG
2020-12-30
China’s Sinopec Plans Record LNG Imports to Battle Cold Snap
Sinopec Corp pledged on Tuesday to maximise domestic gas productions and raise imports of liquefied natural gas to record rates as a cold spell hitting large parts of the country this week lifts demand for the winter heating fuel.
Oil Field
2020-12-30
KrisEnergy Starts up Cambodia’s First Offshore Oil Field
KrisEnergy started producing oil from Cambodia’s first oil field in the offshore Block A concession on 28 December 2020.
Offshore Wind Power
2020-12-30
Ørsted to Divest 50% Stake in 605MW Greater Changhua 1 Offshore Wind farm
Danish power company Ørsted has signed an agreement to divest 50% ownership stake in its 605MW Greater Changhua 1 Offshore Wind Farm in Taiwan to Quebec’s Caisse de dépôt et placement du Québec (CDPQ) and Taiwanese private equity fund Cathay PE.
Wind Farm
2020-12-30
GE Signs Deal for Vietnam Windfarm
GE Renewable Energy is to supply eight turbines to a windfarm being built in Vietnam.
Natural Gas
2020-12-30
PetroChina to more than Double Sichuan Shale Gas Output by 2025
That will surpass a target set by Sinopec, which led China's shale gas development with the first commercial find at Fuling, also in the Sichuan basin, and which aims to nearly double its shale gas output to 13 bcm in 2025.
Electricity Transmission
2020-12-30
Sterlite Power and AMP Capital Join Hands to Invest $1 bn in Transmission Projects
The projects will provide the infrastructure required for evacuating power from multiple renewable energy projects.
Nuclear Reactor
2020-12-29
Korea's Artificial Sun Just Ran for 20 Astonishing Seconds
At 100 million degrees, that's easily a world record for fusion.
Hydropower Plant
2020-12-29
China's Largest Pumped Storage Plant: Last Unit of Jixi Pumped Storage Connected to the Grid
On December 20, the last unit of the Jixi Pumped-storage Power Station in Anhui Province was connected to the grid for power generation, marking that all 6 units of the largest pumped-storage power station in China were connected to the grid.
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