GTJA initiated coverage on Xingfa Aluminium (98.HK), setting a Target Price of HK$11.73 and an investment rating of ‘Buy’

EQS Newswire / 08/12/2022 / 14:23 UTC+8 GTJA issued a report on 5 December on Xingfa Aluminium (98.HK), indicating that Xingfa’s sales of aluminum extrusion products for new energy vehicles will benefit greatly from the fast development of the new energy vehicle industry, which will also be the one of…

Korean Startup CloudN Enters Thai Energy Management Market with Support from South Korean Government

Seoul, Korea, December 02, 2022 – (SEAPRWire) – Korean startup CloudN Co., Ltd., which is working towards a sustainable future with its ‘Building Energy Management System,’ announced that it has entered the Thailand market with support from the Korean government and NIPA (National IT Industry Promotion Agency). CloudN hosted a demonstration session on the application…

Mitsubishi Heavy Industries Engineering to be Integrated into MHI

TOKYO, Nov 30, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Heavy Industries, Ltd. (MHI) and Mitsubishi Heavy Industries Engineering, Ltd. (MHIENG) have agreed to integrate the business operations of MHIENG with those of MHI effective April 1, 2023. Under an absorption-type split arrangement, operations currently conducted by MHIENG will…

Pertamina Geothermal Energy (PGE) to increase GPP in South Sumatra to support NZE in Indonesia

JAKARTA, Nov 16, 2022 - (ACN Newswire via SEAPRWire.com) - PT Pertamina Geothermal Energy (PGE) expressed readiness to increase the geothermal power plant (GPP) capacity in South Sumatra in a bid to support the realization of net zero emission (NZE) in Indonesia.President Director of Pertamina Geothermal Energy (PGE) Ahmad Yuniarto…

TF ESC-B20 creates first green industrial area in Southeast Asia

JAKARTA, Nov 14, 2022 - (ACN Newswire via SEAPRWire.com) - The Energy, Sustainability, and Climate Business 20 Task Force (TF ESC-B20) has successfully created the First Green Industrial Area in Southeast Asia.Pertamina Headquarters (ANTARA/HO)In a statement released on Saturday, the green industry area acts as an industrial decarbonization effort, which…

Pertamina, Keppel, Chevron to explore green hydrogen projects

JAKARTA, Nov 12, 2022 - (ACN Newswire via SEAPRWire.com) - Pertamina NRE, Keppel Infrastructure, and Chevron have signed an agreement to explore green hydrogen and green ammonia development projects in Indonesia, primarily in Sumatra.Pertamina NRE, Keppel Infrastructure, and Chevron have signed an agreement to explore green hydrogen and green ammonia…

Hitachi Energy to provide world’s first SF6-free 420 kV gas-insulated switchgear technology at TenneT’s grid connection in Germany

ZURICH, SWITZERLAND, Nov 10, 2022 - (JCN Newswire via SEAPRWire.com) - Hitachi Energy announced today it will provide the world's first sulfur hexafluoride (SF6) free 420-kilovolt (kV) gas-insulated switchgear (GIS) technology and a state-of-the-art modular prefabricated grid connection solution at a key node at TenneT's power grid in Germany, supporting…

Aim to become world-class geothermal electricity producer: Pertamina

JAKARTA, Nov 10, 2022 - (ACN Newswire via SEAPRWire.com) - State-owned energy company PT Pertamina is seeking to become a world-class player in green electricity generation based on geothermal energy by pursuing a number of technological innovations to increase geothermal utilization.PT Pertamina Geothermal Energi (PGE) develops geothermal energy in Ulubelu…

Pertamina increases geothermal capacity for its emission reductions

JAKARTA, Nov 9, 2022 - (ACN Newswire via SEAPRWire.com) - Indonesian state-owned oil and gas company Pertamina has ramped up its geothermal energy capacity as one of the important efforts in achieving its carbon emission reduction target significantly.Pertamina head office building (ANTARA/HO-PT Pertamina)During a discussion at the Indonesian Pavilion on…

Hitachi Energy and Equinor sign a strategic collaboration agreement to accelerate the energy transition

TOKYO, Nov 9, 2022 - (JCN Newswire via SEAPRWire.com) - Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, today announced it has signed a strategic collaboration agreement with Equinor, one of the world's largest energy companies, to collaborate within electrification, renewable power generation…

Pertamina develops green business to support emission reduction

JAKARTA, Nov 9, 2022 - (ACN Newswire via SEAPRWire.com) - State-owned energy company PT Pertamina develops a number of green business initiatives to support Indonesia's goal to achieve net zero emission by 2060.CEO of PT Pertamina Power Indonesia Dannif Danusaputro (ANTARA/HO-Humas PT Pertamina)The company has been investing in biofuels, renewable…