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Vietnam’s renewable energy sources not fully tapped: Experts

The potential of renewable energy sources, especially wind and solar power, is one of the keys to Việt Nam’s energy transformation towards carbon neutrality, but barriers stemming from the unresponsive transmission network and pricing mechanism is wasting the capacity of billions of kWh of electricity, according to experts. According to preliminary surveys and assessments, Việt […]

Russia’s Renewable Energy Investment in Vietnam: New Projects Underway

Russia was one of the first countries to establish diplomatic relations with Vietnam, laying the groundwork for strong bilateral and economic relations between the countries. As of early 2022, Russia ranked 24th among foreign investors pouring funds into Vietnam with the energy sector being the main focus of the major investment.

HDF Energy signed a MoU with Saigon Asset Management to jointly develop Renewstable(R) power plants in Vietnam

Hanoi, 25 July 2022 – Hydrogène de France SA (“HDF Energy”) – Euronext Paris: HDF – today announces the signing of a Memorandum of Understanding (MoU) with Saigon Asset Management (“SAM”) for the development of Renewstable® power plant projects in Vietnam. Invented and developed by HDF Energy, Renewstable® multi-megawatt power plants produce entirely renewable, stable and […]

Philippines publishes national renewable energy programme to 2040

The Philippines’ Department of Energy (DOE) has published its national renewable energy programme (NREP) for the period 2020 to 2040, setting out its goals of 35% renewable energy generation by 2030 and 50% by 2040.

UOB Malaysia to facilitate FDI into Sarawak

UOB Malaysia is set to facilitate more foreign direct investments into Sarawak as international companies look for opportunities in the state’s high-value sectors. In a statement, the bank said it expects more multinational corporations, especially those from the manufacturing, trade, technology, food and agriculture industries, to invest in Sarawak’s renewable energy, digital technology, ecotourism and […]

Indonesia: Funding platform set up for renewable energy projects

Jakarta (VNA) – Indonesia has created a funding platform for its renewable energy projects, including a pioneering programme to retire coal-fired power plants, and appointed state-owned financing firm PT Sarana Multi Infrastruktur (SMI) to manage the funds.

PLN’s 50-percent additional power capacity in 2030 to be NRE-based

Jakarta (ANTARA) – State-run electricity company PT PLN (Persero) will increase its power generation capacity by around 40 gigawatts, 50 percent of which would be new and renewable energy (NRE)-based plants.

ACEN’s Visayas power plants: Leading the way in renewable energy

From the Negros region to Guimaras Province, ACEN’s four renewable energy plants in Visayas provide a peek into the sustainable ecosystem that the company aims to embody throughout the Philippines. These wind and solar plants have proven to be a significant contributor in the expansion of the company’s renewables footprint, while exhibiting excellence in operational […]

DOE needs chief pushing for renewable energy – groups

CAGAYAN DE ORO CITY, Misamis Oriental, Philippines — The Department of Energy (DOE) should be headed by someone committed to advancing renewable energy, the National Coalition of Filipino Consumers (NCFC) and the Power for People Coalition (P4P) urged President Ferdinand Marcos Jr. on Saturday.

‘Eco treasure’ Sabah could be Malaysia’s renewable energy leader

Power outages making headlines in 2022 are an embarrassment for all Malaysians and another reminder of the inadequacy of the nation’s energy grids. For Sabahans, the severity of its impact on industries and hospitals is literally costing them their jobs and putting their lives at risk. Without proactive and workable policies and solutions, Sabah faces […]