Recent research by Moody’s Investors Service revealed Cambodia, which currently has a stable B2 credit rating, is among the countries with the greatest potential for reaping economic benefits from China’s Belt and Road Initiative (BRI). In the new report, Moody’s focuses on the potential long-term economic gains and near- to medium-term macro-stability risks for 12 […]
MANILA — AboitizPower Corp. will provide energy services for Light Industry & Science Park (LISP) IV in Malvar, Batangas, one of the latest economic zone projects of Science Park of the Philippines, Inc. (SPPI). In the 25-year service agreement between AboitizPower and SPPI, the former’s distribution utility Malvar Enerzone Corp., will manage the construction, installation, […]
Philippines-based energy company AC Energy and its partner, UPC Renewables, have started construction works on the Balaoi and Caunayan wind farm. Built with a PHP11.4bn ($238m) investment, the 160MW wind farm is located in Pagudpud in the Philippines’ Ilocos Norte region.
AC Energy Inc. has formalized its entry inti Myanmar’s renewable energy (RE) market by forging ties with a Singapore-based company. In a disclosure on Monday, Ayala Corp. said Yoma Strategic Holdings Ltd. (Yoma Strategic) will form a strategic partnership with its power arm AC Energy. “Yoma Strategic and AC Energy are looking to establish a […]
Acciona S.A., a Spanish infrastructure company, has reportedly announced the expansion of its operations in Philippines and plans to recruit more manpower as it looks for opportunities in the renewable energy sector in collaboration with a local company. Reports cite, Acciona is weighing the potential of entering into a power purchase deal with private firms, […]
The Asian Development Bank (ADB) and Gulf PD Company (Gulf PD) have signed a $180m agreement to build and operate 2.5GW combined cycle gas turbine power plant in Thailand. The power plant will be located about 150km southeast of Bangkok in the Rojana Rayong 2 Industrial Park in Rayong Province in the country. Gulf PD […]
Manila: The Asian Development Bank (ADB) and Japan‘s Ministry of Economy, Trade and Industry (METI) have signed a memorandum of cooperation to enhance their joint efforts to promote clean energy in southeast Asia.
KUALA LUMPUR (June 30): Earthworks and civil engineering services provider Advancecon Holdings Bhd has signed a second memorandum of understanding (MoU) for its solar energy venture.
PETALING JAYA: Advancecon Holdings Bhd’s wholly owned subsidiary Advancecon Solar Sdn Bhd inked a memorandum of understanding (MoU) with pharmaceutical manufacturing plant Peritone Health Sdn Bhd to develop a rooftop solar photovoltaic system at the latter’s premises in Kulim Hi Tech Park, Kedah.
Agence Francaise de Developpement (AFD) has granted €300,000 to the Kingdom of Cambodia to draw up a model of energy-transition scenarios to 2050, the French development agency revealed in a statement published on April 1. AFD has supported the Ministry of Economy and Finance and other line-ministries to develop a long-term energy trajectory-modelling tool to […]