The Indonesian government has identified 23 existing geothermal power plant projects, with a total combined capacity of 2,114-MW, that are at risk of being halted because they are no longer feasible, according to the Jakarta Post.
Iceland Prime Minister Johanna Sigurdardottir and Chinese Premier Wen Jiabao on Friday signed an intergovernmental agreement on cooperation for the development of geothermal energy.
The Japanese government has signed an agreement to provide about 62.3 billion yen (USD809 million) in new climate aid to Indonesia, one of the biggest emitters in the developing world, according to a report in Reuters.
India's GVK Power and Infrastructure will commence work on its 690 mw hydro-electric power project at Kishtwar in Jammu and Kashmir by December, 2011, a company official has reported.
The world's biggest energy consumer China has mapped out its vision to develop 30GW of offshore wind by 2010, signalling further investment opportunities in the country's renewable energy sector.
This report by the World Bank spells out what the world would be like if it warmed by 4 degrees Celsius, which is what scientists are nearly unanimously predicting by the end of the century, without serious policy changes.
Companies in Asia reveal expectations that regulations that could lead to rising costs for reporting and reducing GHG emissions will also be the main sources of climate-related business opportunities.
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