TNB connects first phase of Malaysia’s largest solar project to the grid
Major Malaysian utility Tenaga Nasional Bhd (TNB) has started supplying power to the national grid from a part-completed 50MW solar power project in Selangor, Peninsula Malaysia, which will be the largest project in the country once completed. The project, won in the government-led Large Scale Solar (LSS) auction by TNB’s subsidiary, TNB Sepang Solar Sdn […]
Revival of 620MW nuclear power plant gets support from Philippine officials
A plant revival could help lower electricity costs in the country, officials said. The Philippine Department of Finance (DOF) expressed support for the proposed revival of the cancelled Bataan Nuclear Power Plant (BNPP), citing the need to lower electricity costs in the country, local media report. Finance secretary Carlos G. Dominguez told reporters in a […]
SP Group unveils green energy trading marketplace
City Developments Limited and DBS were amongst the first of its renewable energy certificates (RECs) buyers. Singapore’s SP Group launched a digital marketplace powered by blockchain technology to allow companies to trade RECs which is a document used to offset the use of non-renewable energy, an announcement revealed. “Through blockchain technology, we enable companies to […]
Low-cost renewables revolution is coming to Southeast Asia
New analysis from Carbon Tracker shows it could be cheaper to build new renewable energy sources than to operate existing coal-fired power plants in Southeast Asia within 10 years. There are three inflection points that will make coal power economically obsolete: new renewables outcompete new coal; new renewables outcompete operating existing coal; and new firm […]
juwi active with three PV power plant projects in Vietnam totalling 130MW
PV project developer and EPC firm, juwi Renewable Energy has started construction of its third PV power plant project in Vitenam, bringing its active pipeline to around 130MW. juwi said that its latest 50MW project as EPC was located in Cat Hiep, Binh Dinh province of Vietnam for a consortium headed by Independent Power Producer […]
Acciona to Invest in Renewable Energy & Infra Projects in Philippines
Acciona S.A., a Spanish infrastructure company, has reportedly announced the expansion of its operations in Philippines and plans to recruit more manpower as it looks for opportunities in the renewable energy sector in collaboration with a local company. Reports cite, Acciona is weighing the potential of entering into a power purchase deal with private firms, […]
Singapore’s water success story to be repeated with energy: Chan Chun Sing
SINGAPORE – If the past 50 years have been about how Singapore has overcome water scarcity, the next 50 will be about how the country overcomes its energy challenges. “Just like how Singapore has successfully diversified our supply of water over the years, our next ambitious goal is to enhance our energy resilience to ensure […]
New Renewables Cheaper Than Old Coal In Southeast Asia
A new analysis from independent financial think tank Carbon Tracker has concluded that it would be cheaper to build new solar PV and onshore wind capacity in Indonesia, Vietnam, and the Philippines by the end of the next decade rather than continue operating existing coal-fired power plants. Carbon Tracker published three new country briefings on […]
Getting the green light to mitigate impact of climate change
THE United Nations Intergovernmental Panel on Climate Change (IPCC) recently published its special report on global warming, sending a strong warning both to world leaders and to all of us. We need rapid and unprecedented changes to our habits if we are to avoid major environmental, economic and social damage. While the timeframe may be […]
Renewable energy trading in Singapore runs on blockchain
The Singapore Power Group (SP) has initiated a marketplace, powered by blockchain, for renewable energy certificates (RECs). In a statement, the utilities provider said the blockchain-based platform, which was unveiled at the ASEAN Energy Business Forum, will help SP increase transparency and efficiency in its processes in REC transactions. Samuel Tan, chief digital officer at […]