PLN Says Indonesia’s Electricity Consumption Lower than Neighboring Nations
TEMPO.CO, Jakarta – Executive vice president of commercial management at state-run electricity company PLN, Muhammad Munif Budiman, said Indonesia’s electricity consumption is still low compared to neighboring countries. Its consumption per capita only reached around 1,150 kWh.
TNB to ride on rising electricity demand
PETALING JAYA: There is further upside for Tenaga Nasional Bhd’s (TNB) share price amid an improving operating environment for the utility giant, say analysts. Rising electricity demand in Malaysia in tandem with the recovery of the country’s economy will continue to bode well for TNB.
MHI and EGAT ink MoU to Strengthen Cooperation on Clean Power Generation in Thailand
Tokyo, November 24, 2022 – Mitsubishi Heavy Industries, Ltd. (MHI) and Thailand’s largest power producer Electricity Generating Authority of Thailand (EGAT) signed a Memorandum of Understanding (MoU) to study and exchange information relating to clean power generation, hydrogen, carbon capture, utilization and storage (CCUS) technologies in support of the nation’s goal of achieving carbon neutrality […]
US to help set up geothermal power plant in Mindanao
THE United States plans to construct a geothermal power plant in Mindanao to provide consumers clean energy and cheaper electricity. A fact sheet released by the White House on Sunday said that US Vice President Kamala Harris will launch new initiatives to strengthen the US-Philippines alliance, including cooperation in the energy sector.
Singapore’s Leader Energy acquires Binh Thuan solar power plant
The Vinh Hao 6 solar power plant was run by Vinh Hao 6 Power JSC, which is held by ACWA Power, FECON Corporation and FECON Power JSC. With a total investment of $53 million, the Vinh Hao 6 solar power plant has achieved its Commercial Operation Date (COD) in June 2019.
Rate cut sought for green homebuyers
SET-listed developers Sena Development Plc and Sansiri Plc will hold discussions with financial institutions in an effort to reduce the interest rate on mortgage loans for buyers of energy-saving homes, estimated at between 0.5% and 1% in the first year.2
EVN proposes reducing purchase price of wind and solar power
With the data collected until November 16, 2022, the Electricity of Vietnam (EVN) has just proposed to the Ministry of Industry and Trade and the Electricity Regulatory Authority of Vietnam to apply the electricity generation price bracket for each type of renewable energy plant according to the four options that the company has performed over […]
Hunt for higher local gas supply
The state subsidy programme for electricity prices is not the only way to curb their rapid increase, which is partially driven by the import of costly liquefied natural gas (LNG).
ADB-backed National Solar Park adds 60MW to Cambodia’s grid
PHNOM PENH – A 60MW solar photovoltaic (PV) power plant in southwestern Kampong Chhnang province, part of the 100MW National Solar Park, was connected to the national grid on November 11, in a move to provide the people with more power resources, reported the Asian Development Bank (ADB).
PLN, ADB to Plan Early Retirement for Independent Coal Power Plants
TEMPO.CO, Jakarta – PT PLN (Persero) with Asian Development Bank (ADB) plans early retirement of coal power plants through the Energy Transition Mechanism (ETM) scheme. The scheme is adopted to accelerate the energy transition in Indonesia to achieve the net zero emissions (NZE) goal by 2060.