Malaysia increases green energy tariff for residential, industrial consumers
Malaysia has increased the green energy tariff for residential and industrial consumers through the Green Electricity Tariff (GET) program. The government is offering 4,500 GWh of power to residential and industrial customers each year. These customers will be charged an additional MYR 0.281 ($0.062) for each kilowatt-hour of renewable energy that is purchased.
Renewable energy suppliers likely authorized to sell power directly to consumers
Under the draft, the MOIT has put forward a proposal to two scenarios: The first one is power purchase made via transmission lines invested by the private sector: In this case, renewable energy generators and large electricity consumers would not face restrictions on capacity, output, or electricity use purpose. Power suppliers would be responsible for […]
Switzerland supports dam safety in Laos
Switzerland is providing more than US$5.2 million to support dam safety technical and institutional assistance in Laos.
Bongbong Marcos seeks business support for renewable energy
CEBU CITY — President Bongbong Marcos Jr. has sought the help of the business sector in the plan to push forward with the use of renewable energy.
Indonesia Achieves 322.6 MW Solar Power Plant Capacity In First Half Of 2023
The Indonesian Ministry of Energy and Mineral Resources (ESDM) is taking significant strides to harness the vast potential of New and Renewable Energy (EBT) as a reliable energy source for the nation’s future. With a strong focus on both electricity and non-electricity projects, the government is committed to accelerating EBT development and adoption.
GEAPP to Aid Myanmar with 100 Solar Projects, Unlocking $60 Mn Solar Investment
With this partnership, GEAPP will facilitate the development of 100 new solar projects across Myanmar, supplying a total of 57 MW of clean electricity. This initiative, which will unlock $60 million worth of solar investment, will also pave the way for the sustenance of 72,000 jobs in the agricultural value chain, improving the livelihoods of […]
Philippines’ President Hails Foreign Investments In Renewable Energy Projects, Accelerating Clean Energy Goals
President Ferdinand R. Marcos Jr. of the Philippines announced that the amendments made to the Renewable Energy (RE) Act of 2008, allowing complete foreign ownership in RE projects, have significantly accelerated the country’s pursuit of clean energy objectives.
Malaysia’s reNIKOLA seeks up to $438 mln for renewable energy projects
Malaysian renewable energy company reNIKOLA Holdings is seeking to raise up to 2 billion ringgit ($438.4 million) over the next three years to fund its pipeline of projects including solar in Southeast Asia, its managing director told Reuters.
Cambodia’s National Assembly Approves 670 MW Clean-Energy Projects
The National Assembly (NA) gave its approval for the construction and payment guarantees of six clean-energy plants with a combined capacity of 670 megawatts (MW) in Cambodia. The projects include four solar power developments in Prey Veng, Pursat, Svay Rieng, and Kampong Chhnang provinces, along with two hydropower projects in Koh Kong province. The NA […]
EVN, German bank discuss loan agreement for hydropower plant project
Vietnam Electricity (EVN) Group and Germany’s KfW Development Bank on July 26 discussed a loan agreement for Tri An Hydropower Plant Expansion Project, expecting to sign the deal in November.