AC Energy 9-mo income up
AC Energy Corp. on Thursday reported double-digit growth in its nine-month consolidated net income on the back of continued recovery of electricity demand in Luzon and acquisition of power projects.
Pertamina supports achievement of Indonesia’s carbon emissions target
Jakarta (ANTARA) – Indonesia’s largest energy company, PT Pertamina (Persero), has said it has implemented several initiatives to support the government’s target of reducing greenhouse gas emissions from the energy sector.
Bridgestone Thailand utilizes solar power for tire production
A solar power generator has started the first phase of its operation at Bridgestone Tire Manufacturing Thailand’s (BTMT) Chonburi facility, where it is being used to power truck and bus tire production.
Philippine Billionaire Family’s AC Energy, BIM Group Start $155 Million Wind Farm In Vietnam
AC Energy—controlled by billionaire Jaime Zobel de Ayala and his family—and its partner Hanoi-based BIM Group has started the commercial operations of their wind farm project in Vietnam ahead of schedule as Ayala Corp., the Philippines’ oldest conglomerate, accelerates investments in renewable energy.
AboitizPower seeks to raise P12B from new bond offer
Aboitiz Power Corp. is gearing up for the construction of its 74-megawatt solar photovoltaic power plant in Pangasinan, which will be partially funded through a P12-billion retail bond issuance planned for this quarter.
Tuas Power joins growing list of companies planning renewable energy imports
SINGAPORE (THE BUSINESS TIMES) – Tuas Power has joined a growing list of companies planning renewable energy imports as Singapore looks to diversify its electricity supply and cut emissions.
Japan’s Chubu Electric to buy 20% stake in Vietnam renewable energy firm Bitexco
TOKYO, Sept 28 (Reuters) – Japanese utility Chubu Electric Power Co Inc 9502.T said on Tuesday it will buy a 20% stake in Vietnamese renewable energy firm Bitexco Power Corp for an undisclosed sum, to gain a foothold in the growing market and expand its portfolio of green energy.
PetroVietnam Gas says deal signed with AES on LNG joint venture
HANOI, Sept 23 (Reuters) – PetroVietnam Gas (GAS.HM) has signed an agreement with AES Corp (AES.N) to form a joint venture to operate an LNG terminal in Vietnam, the Vietnamese firm said on Thursday.
Condo developers, owners accused of fixing electricity prices too high
Some condominium developers have been accused of over-inflating electricity and other utility prices, leaving many people confused and some seriously out of pocket.
TotalEnergies, one of the fastest growing providers of solar energy distributed generation in Asia
SINGAPORE, Sept. 15, 2021 /PRNewswire/ — TotalEnergies has reached more than 100 MW of on-site solar projects including with Danone, Renault-Nissan, Betagro, Chandra Asri (see more details here).