Showing 2411-2420 of 2533 results

An Giang offers incentives to investors in renewable energy plants

AN GIANG — The Mekong Delta province of An Giang will offer preferential policies to investors in renewable energy plants as part of its strategy on sustainable development. Investors whose projects are in production and trade, for instance, will be exempt from land lease fees for seven years and will receive other incentives, according to […]

TBC and AC Energy to build 1.5GW wind projects in South East Asia

Singapore’s renewable energy developer and operator The Blue Circle has signed a strategic partnership agreement with Ayala Corporation’s power subsidiary AC Energy. Under the new partnership, the two companies will jointly develop and construct TBC’s pipeline of nearly 1,500MW of wind projects across South East Asia, more than 700MW of which will be built in […]

Malaysia to tender 500MW of solar projects in January 2019

The projects, worth $477m, are an addition to the projects that will produce 958MW by 2020. Malaysia will tender $477m of solar projects with a capacity of 500MW through its Large Scale Solar (LSS) Programme 3 in January 2019. Minister Yeo Bee Yin shared that the projects are part of the ongoing LSS projects that […]

DoE order identifies sources of Renewable Energy Fund

The Department of Energy issued the guidelines for the operationalization of the Renewable Energy Trust Fund that will be used for the research, development and promotion of renewable energy sources. The RE fund, according to Department Order 2018-10-0018, will be obtained from the emission fees collected from power generating companies under the Philippine Clean Air […]

ADB offers solutions for green finance in Vietnam

Considering the major barriers to financing renewable energy (RE) projects in Vietnam, researchers at the Asian Development Bank (ADB) have recommended the Government establish more conducive conditions for private investment and strengthen the domestic funding environment through a functional financial market. Vietnam is a potentially rich country with abundant sources of RE, such as wind […]

Power Surge

In the past few months, Thailand has seen a rapid growth in independent solar power producers that are using blockchain-enabled technology to trade electricity between themselves. Blockchain, the distributed ledger technology that underpins bitcoin currency, offers a transparent way to handle complex transactions between users, producers, and even traders and utilities. It has been revolutionising […]

Auction for early stage geothermal development areas in West Sumatra, Indonesia

Indonesia’s Ministry of Energy and Mineral Resources through EBTKE is launching an auction for geothermal preliminary and exploration survey areas (WPSPE) in Bonjol, Pasaman Regency in West Sumatra Province. The Ministry of Energy and Mineral Resources (ESDM) through the Directorate General of New and Renewable Energy and Energy Concertation (EBTKE) again auctions geothermal Preliminary and […]

Sunseap to build five-hectare offshore floating solar system along Straits of Johor

The system will reduce 26,000 tonnes in greenhouse gas emissions once operational in 2019. Sunseap Group is developing one of the world’s first and largest offshore floating photovoltaic (OFPV) systems along the Straits of Johor which will generate about 6,388MWh of renewable energy annually once completed. According to an announcement, the system is expected to […]

Thailand utility eyes 1GW of floating solar on hydro dams, pilots energy storage

State-run utility Electricity Generating Authority of Thailand (EGAT) is planning to facilitate 1GW of hybrid floating solar-hydro projects across eight dams throughout the country. Thepparat Theppitak, deputy governor, power plant development and renewable energy, EGAT, announced the plans at the ASEAN Solar + Storage Congress & Expo in Manila, the Philippines, organised by Leader Associates. […]

Ayala invests in renewable energy firm

AC ENERGY, Inc. through its international unit has invested in Singapore-based renewable energy company The Blue Circle Pte. Ltd. through a 25% ownership acquisition as well as co-investment rights in the latter’s projects. “It’s a platform partnership. The Blue Circle, TBC, is a regional development and operations company focused on wind.” AC Energy Chief Executive […]