Energy

Indonesia's Merdeka Battery Materials plans to use IPO proceeds to partially fund a new nickel smelter amid increasing demand for the metal in electric vehicle batteries. (Photo by Ismi Damayanti)
IPO

Merdeka Battery Materials puts $1.28bn price on nickel smelter plan

Investment comes as Indonesian company aims to raise up to $580m in IPO

30 March 2023
Toyota's incoming president Koji Sato, pictured at the Tokyo Auto Salon in January, is tasked with steering the world's largest automaker toward an electrically powered future. 
The Big Story

Toyota's new chief Koji Sato vows to get serious about EVs

Faced with 'once in a century' industry transformation, world's biggest carmaker may be prisoner of past success

29 March 2023
A car is filled with diesel fuel at a Shell petrol station in Berlin, Germany. Diesel accounts for half of the demand for refined petroleum products in the European Union.
Commodities

European diesel futures down 55% as Asian imports ease supply pinch

Concerns rise that Russian oil may be refined in Asia and exported to EU

28 March 2023
JFE Engineering built this LNG terminal in western Japan. (Photo courtesy of the company)
Engineering & Construction

Japan's JFE Engineering wins $230m order for Taiwan LNG terminal

Island's demand for cleaner fuel set to rise amid semiconductor production push

28 March 2023
Extreme Entropy Technology focuses on maximizing energy asset life cycles for industrial parks and companies. (Photo courtesy of the company)
36Kr/KrASIA

Chinese startup offers AI-driven energy management services

Extreme Entropy Technology plays key role in China's 'double carbon' policy

26 March 2023
Submarine cables from Furukawa Electric are loaded onto a ship. The government is looking to build a power grid that connects Japan's big islands. (File photo obtained by Nikkei）
Climate Change

Furukawa Electric poised for $765m bet on Japan's renewables push

Plans call for doubling underwater power cable output to plug into government grid

25 March 2023
A laboratory technician works on biodiesel 40% (B40) in Jakarta in August 2020: Biofuels are getting a renewed push.
Opinion

Asia needs to face up to the downsides of biofuels

Blending mandates distort food markets and can have environmental side effects

22 March 2023
Private equity firm CVC has around $146 billion in assets under management.
DealStreetAsia

CVC Capital buys $155m stake in Indonesia's Samator Indo Gas

Investment will support Indonesian gas producer's push to expand

17 March 2023
Japan's use of offshore wind power is expected to grow. (Photo courtesy of GE)
Energy

GE aims to bring massive offshore wind turbine to Japan

Company seeks typhoon certification for units that can power 24,000 homes each

17 March 2023
A coal-fired power plant in Shanghai in 2021: Outgoing Premier Li Keqiang said last week that China "must unleash the role of coal as the main energy source" and boost coal production capacity.
Climate Change

China adds coal capacity for energy security despite green goals

Report warns Beijing risks being 'left behind' even as it also expands renewables

16 March 2023
PTT is using natural gas as an energy source as it transitions to decarbonization. (Photo by Nozomu Ogawa)
Energy

Thailand PTT's $2.8bn investment paves way to decarbonization

State-owned energy company to build LNG facilities and produce EVs, hydrogen

14 March 2023
Wind turbines and solar panels are seen a power plant in China's Hebei province.
Energy

Renewable energy transition speeds up during Ukraine war, led by China

New Chinese investments in 2022 exceeded Japan's total installed capacity

14 March 2023
A Lopez Group property in Manila. The group is looking to develop its electric power business for further growth. (Photo by Yuichi Shiga)
Companies

Philippines' Lopez Group looks to geothermal, LNG for future growth

Conglomerate seeks to offset collapse of media business after political frictions

14 March 2023
A reactor undergoing decommissioning at the Fukushima Daiichi nuclear power plant in Japan. (Photo by Mayumi Tsumita)
Fukushima Anniversary

Fukushima cleanup costs swell with no end in sight

Japan has spent $7bn annually since 2011 disaster with more work on horizon

11 March 2023
Denmark-based Orsted operates offshore wind farms in the U.K. and elsewhere.
Energy

Japan's Daiwa Securities buys into U.K. offshore wind farm

Deal marks brokerage's first foray into field and biggest investment in renewables

11 March 2023
Storage tanks for treated water from the Fukushima Daiichi nuclear plant. The government plans to begin discharging the water into the sea this year.
10 March 2023
A Keppel Corporation infrastructure center in Singapore. The company invests in energy projects, urban development and data centers. (Photo courtesy of Keppel Corporation)
Property

Singapore's Keppel targets Vietnam amid 'China plus one' shift

Temasek-backed asset manager eyes clean energy, data centers for new investment

9 March 2023
AG&P is finishing construction of one of the Philippines' first liquefied natural gas import terminals. (Photo courtesy of the company)
Energy

Philippines, Vietnam to import LNG, but long-term doubts loom

Competition from renewables raises fears new terminals will be 'underutilized'

7 March 2023
Tokyo Midtown Hibiya, one of the properties that Mitsui Fudosan will power with its own electricity. (Photo by Kosuke Imamura)
Environment

Mitsui Fudosan to power properties with in-house solar energy

Developer's plans could help reduce costs and meet 2030 decarbonization goals

7 March 2023
Kyocera stopped making commercial solar panels in China due to stiff competition with local players. (Photo obtained by Nikkei)
Energy

Kyocera shutters solar panel factory in China

Group to focus on value-added residential products in Japan

4 March 2023
Smoke and steam billow from a coal-fired power plant in Indonesia. Japan and Southeast Asian countries will cooperate to decarbonize the region.
Climate Change

Japan, Southeast Asia to vow cooperation at 1st zero-emissions meet

PM Kishida's initiative envisions joint efforts in technology and financing

4 March 2023
An aerial view of a residential area amid the fire that began at a Pertamina fuel storage station in Jakarta. (Antara Foto via Reuters)
Fires

Fire at Pertamina fuel storage station in Jakarta kills 17

Neighbors flee; Indonesian company says cause of blaze under investigation

4 March 2023
A geothermal power plant in Indonesia. Japan will provide loans to help the country accelerate its transition to clean energy. (Photo obtained by Nikkei)
Climate Change

Indonesia's PLN to receive $200m Japanese loan for renewable energy

Deal to be signed Friday under Asia Zero Emission Community initiative

3 March 2023
Extra high-voltage air line towers in Jakarta: Power grids must be upgraded to accommodate higher levels of complexity.
Opinion

AI can help speed up Southeast Asia's green energy transition

Technology allows grid operators to balance power sources

2 March 2023
Benchmark Australian coal prices have dropped by more than half from their September peak.
Commodities

Sky-high Australian coal prices drop back to pre-Ukraine-war levels

Europe's mild winter brings chance for cheaper power in Japan as supply fears ease

2 March 2023