HCM CITY — As one of the most efficient power markets in Southeast Asia, Việt Nam has huge prospects, especially in renewable energy, experts have said. There is need for investment in Việt Nam in production, export capacities and upgrading of infrastructure, Phan Thế Anh, deputy general director of the Ministry of Industry and Trade’s […]

KUALA LUMPUR: The government will tender out RM3.2 billion renewable energy (RE) and energy efficient projects this year. Minister of Energy, Science, Technology, Environment and Climate Change (MESTECC) Yeo Bee Yin said the projects included retrofitting up to 50 government buildings devices so as to be more efficient in energy usage. “The pilot project will […]

METRONIC Global Bhd targets to achieve a US$1 billion (RM4.08 billion) market share of smart city projects across Malaysia, Europe, the US, Middle East and South-East Asia in the next three years. Metronic CEO and ED Brian Hoo Wai Keong said the US$1 billion target is plausible as it is less than 1% of global […]

EuroCham calls for introducing direct power purchase agreements in 2019 with the aim of promoting private investments into renewable electricity generation. In the 11th edition of its annual Whitebook launched recently, the European Chamber of Commerce in Vietnam (EuroCham) calls upon the country to lure additional private investments into renewable electricity generation. Accordingly, the country […]

Vestas has assisted Vietnamese developer Tan Hoan Cau Joint Stock Corporation to secure funding for the 33MW Huong Linh 1 wind farm in the south-east Asian country. The turbine manufacturer’s structured finance business coordinated the financiers, which included the Danish Export Credit Agency (EKF), an offshore bank and a Vietnamese bank, to provide money for […]

The Department of Energy (DOE) said the increase in LPG prices has been generally attributed to the rise in contract prices in the world market. As of press time, the LPG industry players that have already sent notifica­tions on the price increase include lead­ing player Petron Corporation, effective 12:01am on March 1 (Friday) for its […]

February 26 (Renewables Now) – Electricite du Cambodge (EDC), an electric utility in Cambodia, has launched an international tender for the implementation of a 60-MW solar photovoltaic (PV) project, with bids to be accepted by May 17, 2019. The project will see the construction of a solar park that will be the first phase of […]

A new recycling plan for discarded solar panels and vehicle batteries will stress circular methods. (Photo provided) The government has agreed to use the remaining cash from the Energy Conservation Fund to support a new recycling plan for discarded solar panels and vehicle batteries, in line with the goal of creating a circular economy. The […]

MANILA, Philippines — Listed Basic Energy Corp. has completed its acquisition of a 15 percent stake in a Thai engineering, procurement, and construction (EPC) contractor. In a disclosure to the Philippine Stock Exchange yesterday, Basic Energy said it completed its acquisition of 2.52 million shares of VTE International Co. Ltd. (Thailand). VTE International is one […]

The Hyderabad-based renewable energy firm will use the funds primarily for new initiatives such as building another 5 GW integrated renewables for round-the-clock supply through energy storage contracts. Significantly, the company is aiming for 20 GW of storage-based energy contracts and its future capex is focused on that, Economic Times quoted while sharing the details […]