Global Power Synergy set to grow power and utilities
Chawalit Tippawanich, president and chief executive for PTT’s power arm, GPSC, said that its board on Monday agreed that either the company or a yet-to-be-established subsidiary, would purchase the energy recovery unit in a deal worth no more than Bt24.11 or about $757 million. The unit is part of TOP’s capacity expansion project, Clean Fuel […]
Singapore-based firm aims to power clean energy projects in South-east Asia
A new Singapore-based firm has set out to build and run clean energy projects across the region. CleanGrid Partners was unveiled yesterday as a collaboration by Singapore’s WEnergy Global, consultancy ICMG Partners and energy firm Greenway Grid Global, which is backed by Japanese electricity giant Tokyo Electric Power Company’s Tepco PowerGrid. The investment entity has […]
House panel approves ‘Murang Kuryente Act’
After an hour-long discussion, the House Committee on Energy unanimously passed on Tuesday a substitute bill, which seeks to allocate the net national government share from the Malampaya natural gas project to pay the stranded debts and the stranded contract costs of the National Power Corporation (Napocor), and other exploration projects to develop energy resources […]
Industry banks on energy efficiency law to unlock investments
MEMBERS of the Philippine Energy Efficiency Alliance, Inc. (PE2) need to plan their staffing and capital resources based on how the proposed energy efficiency law would be able to “catalyze” investments in both the private and public sectors, the group’s top official said. “Some of these players will have to broaden access to newer technologies, […]
Energy conservation bill a good first step
AFTER 30 years of on-again, off-again effort, Congress has finally managed to create a law institutionalizing energy efficiency and conservation in the Philippines. The much larger and more important task of ensuring the law is followed and has a substantially positive impact now lies ahead. On Thursday, the Bicameral Conference Committee approved the Energy Efficiency […]
In the works: ‘Cold Tube’ to beat the heat in humid Singapore without aircon
SINGAPORE — A team of researchers at the Singapore-ETH Centre have found a way to keep people cool outdoors with a new energy-efficient technology that does not involve air-conditioning. Called the Cold Tube, it is the world’s first successful demonstration of radiant cooling technology used outdoors in the tropics, and the researchers hope to see […]
Energy transition could be VN’s next Đổi Mới: experts
HÀ NỘI — Increasing energy efficiency together with developing renewable energy is critical for Việt Nam to ensure energy security, according to expert. This was highlighted at a workshop on energy security in the context of climate change during the Việt Nam Economic Forum held by the Central Economic Commission yesterday in Hà Nội. Nguyễn […]
Power infrastructure to drive Indonesia’s energy sector growth: Fitch Solutions
Construction of power infrastructure — chiefly coal-fired power plants — will remain the primary driver of growth in Indonesia’s energy and utilities sector for the near future, said Fitch Solutions Macro Research in a Jan 16 report. However, there are risks that power projects may be postponed due to the country’s widening current account deficit and a weakening […]
DOE receives 331 applications for projects of national significance
THE Department of Energy (DOE) has received 331 applications from industry stakeholders seeking the certification of their power projects as “energy projects of national significance [EPNS].” As of January 11, the DOE said in its website that 293 applications were accepted while 38, or 11 percent, were notified of their noncompliance as to form or documentary […]
2 PH firms among world’s top 200 greenest firms
ORMOC CITY – Two Philippine companies, the Lopez-led First Gen Corporation and Energy Development Corporation (EDC), have been included in the latest list of the world’s top 200 biggest and greenest companies. The two companies have their offices here with First Gen in Ormoc City, and EDC in Kananga, Leyte. The prestigious list, called the […]