ERC to PEMC: Explain high rental charges on Iloilo power distributor
The Energy Regulatory Commission (ERC) has ordered Wholesale Electricity Spot Market (WESM) regulator Philippine Electricity Market Corp. (PEMC) to explain the high rental payable of Iloilo City’s power distributor MORE Electric and Power Corp
Pertamina to install solar power at 5,000 gas stations in Indonesia
Indonesian oil giant Pertamina is planning to install solar energy at 5,000 gas stations to reduce carbon emissions. There are currently 76 of these Green Energy Stations (GES) spread across various islands.
CIP forms 400MW Indonesian JV
Copenhagen Infrastructure Partners (CIP) has entered into a joint venture with PT Akuo Energy Indonesia to develop and initial portfolio of 400MW of clean power projects.
ERC urged to intervene on damaged NGCP submarine cable
ILOILO CITY – The local government here and business groups have urged the Energy Regulatory Commission (ERC) to intervene regarding the damaged submarine cable of the National Grid Corporation of the Philippines (NGCP) that is causing an increase in the power rate in Western Visayas.
Ayala Group’s automotive unit sets P50-B revenue goal by 2025
AC Motors, the automotive arm of the Ayala Corp. conglomerate, aspires to become a pioneer in new energy vehicles sector and preeminent auto group in the country through disruptive technologies four years from now or by 2025 through disruptive technologies.
Orsted forges Vietnam offshore partnership
Orsted and T&T Group in Vietnam have signed a memorandum of understanding (MoU) to launch a strategic collaboration on offshore wind in Vietnam.
Solarvest bags RM175m contract to build largest solar farm in Perlis
KUALA LUMPUR (Sept 1): Clean energy specialist Solarvest Holdings Bhd unit Atlantic Blue Sdn Bhd has secured a RM175 million contract to build a solar photovoltaic (PV) energy generating facility in Chuping, Perlis.
Hong Kong’s VPower ends involvement in two Myanmar power projects
A Hong Kong-listed power generation company has pulled out of two power station projects in Myanmar after facing “challenging times” amid economic turmoil caused by the February 1 coup.
Sembcorp Industries launches Singapore’s first sustainable financing framework in energy sector
Sembcorp Industries has launched the Sembcorp Sustainable Financing Framework, which lays out Sembcorp’s strategic approach, key performance indicators (KPIs) and sustainability performance targets (SPTs) for its sustainability-linked transactions.
Villar’s renewable energy unit eyes more solar farm projects
The Villar group has primed an initial salvo of solar farm projects as it dives deeper into the burgeoning renewable energy-based power generation market.