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Global investors to continue to invest in renewable energy

MANILA, Philippines — Global debt and equity investors continue to pour in capital into the renewable energy sector, which is consistently providing investment opportunities despite the ongoing COVID-19 pandemic, according to the Institute for Energy Economics and Financial Analysis (IEEFA).

Sunseap announces 2.2 GW floating PV project at Indonesian water reservoir

Singaporean solar developer Sunseap has signed a memorandum of understanding with the Batam Indonesia Free Zone Authority (BP Batam) – which is the public authority responsible for the management, development, and construction on the island of Batam in Indonesia – for the construction of a 2.2 GW PV floating project at the Duriangkang Reservoir in the southern part […]

Thailand’s GPSC acquires Taiwan offshore wind stake for US$500 million

Bangkok-listed Global Power Synergy Public Company Limited (GPSC) has acquired a 25% stake in the 595MW Changfang and Xidao (CFXD) offshore wind farms in Taiwan. The Thai company, a subsidiary of state-owned oil and gas group PTT, is paying US$500 million for the shares.

AC Energy and partners invest $445M in Vietnam wind farms

AYALA-LED AC Energy Corp. and its partners are pouring in $445 million for the joint development of five wind farms in Vietnam as the publicly listed energy platform recognizes the country as ideal for sustainable investments. 

Vietnam now AC energy’s biggest renewable market

Vietnam is now AC Energy Corp.’s largest market to date outside the Philippines with a total renewable energy (RE) capacity of 1,000 megawatts (MW).

Rights awarded to offshore wind projects

The Department of Energy (DoE) on Monday said development rights were given to initial wind power projects in the Philippines.

Local firm promotes renewable energy in Mindanao for 13 years

CAGAYAN DE ORO CITY – A local company has been helping promote the use of renewable energy in Mindanao for more than a decade producing 2.508 megawatts (MW) of installed solar panels to power homes, offices, streetlights, and farms.

Ayala unit boosts Vietnam’s clean energy supply

AC Energy’s participation in Vietnam renewable energy (RE) projects has reached 1,000 megawatts (MW), the power arm of conglomerate Ayala Corp. said Tuesday.

Huge Vietnamese solar park could hit 2.8 GW within a year

A report into the global flow of capital into the energy transition has revealed plans for Vietnam’s largest solar park, the Xuan Thien Ea Sup project in Dak Lak, to be expanded to 2.8 GW of generation capacity “by early 2022.

Indonesia sets eyes on becoming world’s geothermal superpower

Indonesia’s potential to generate energy from the earth’s crust could solve its power problems and fire its ailing economy. But the country needs to do more to lure investors.