Turning on the Lights for 450,000 People in Rural Myanmar
More than 450,000 people in rural Myanmar are expected to gain access to clean energy for the first time following the signing of a grant agreement between the World Bank Group and the Government of Myanmar. The Results-Based Financing for Off-grid Solar grant agreement, worth US$3.45 million, is co-funded by the Global Partnership for Results Based Approaches (GPRBA) […]
Two firms decline bidding for 650-MW Malaya power plant
On its third attempt, the Power Sector Assets and Liabilities Management Corp. (Psalm) failed anew to sell the 650-megawatt (MW) Malaya Thermal Power Plant (MTPP) and its underlying land in Pililla, Rizal.
Two power plants planned in Laos for sale of electricity to Cambodia
Construction of two coal-fired power plants will begin at the end of this year in Sekong province in the southeast of Laos, according to a senior government official.
Unioil sets off price cut: P1.20/liter
Consumers can expect an oil price rollback of as much as P1.20 per liter this week to reflect the movement of price in the world market amid the ongoing coronavirus pandemic.
Union Power to close 850 customer accounts as peers exit S’pore market
SINGAPORE – Independent electricity retailer Union Power will be scaling down its operations by closing some retail accounts, but it will not exit Singapore’s open electricity market.
UOB’s U-Solar facilitates nearly 160GW hours of solar power
United Overseas Bank’s (UOB) U-Solar programme has facilitated the generation of nearly 160 gigawatt hours of solar power across the Asean region and simultaneously reducing over 77,200 tonnes of carbon dioxide equivalent in greenhouse gas (GHG) emissions.
Upstream players eye force majeure in Myanmar
The bloodless military coup in Myanmar has triggered some upstream companies to assess whether they should activate force majeure clauses in their production-sharing contracts (PSCs) with the government.
US oil price faces 2nd decrease below zero
The US benchmark oil price could fall below zero for a second time this year, signalling that global oil stocks are nearing full capacity, says one expert. Manoon Siriwan, an independent energy expert, said a second drop below zero for West Texas Intermediate (WTI) crude may occur soon because oil storage capacity in the US is […]
Use of EVs in commercial setting vital
The government is being urged to promote commercial electric vehicles (EVs), especially in mass transit and the transport of goods, as part of its efforts to grow the EV ecosystem amid growing concerns over carbon dioxide emissions and PM2.5 ultra-fine dust.
Using technology to overcome obstacles
Despite a string of challenges from the pandemic with more reliance on remote work and careful investment by customers, Schneider Electric, a global specialist in energy management and automation, is looking into digital power as a tool to unlock obstacles and believes it can be digital partner for Thailand.