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Germany ready for cooperation on sustainable energy with Vietnam

Vietnam has incredibly developed economic activities, industries, urbanization and living condition  improvement; therefore, sustainable energy development is considered as a current tendency in the country. Ms. Cecilia Strandberg from Renewables Academy (RENAC) and Mr. Ron-Hendrik Peesel from University of Kassel said that they believe Germany’s technologies could fully meet Vietnam’s energy development demand, and German […]

Govt’s renewable energy plan seen negative for IPPs

PETALING JAYA: The government’s aspiration of more renewable energy (RE) is negative to the independent power producer (IPP) players given the potentially lower capacity replacement for their expiring power purchase agreements (PPAs), Hong Leong Investment Bank Research said. “Given the limited potential of new large scale hydropower plants in Peninsular, we expect the Ministry of […]

First Gen, EDC only Philippine firms in world Carbon Clean 200

MANILA – First Gen and Energy Development Corp said Monday they were the only Philippine companies included in the most recent Carbon Clean 200 list. It was the first time for First Gen and the third time for EDC to make it to the list compiled by non-profit organization As You Sow in the US […]

DoubleDragon’s CityMall signs agreement to support WWF-Philippines

MANILA – DoubleDragon Properties Corp on Monday said its subsidiary CityMall Commercial Centers Inc. signed an agreement to support the renewable energy efforts of the World Wide Fund for Nature (WWF) Philippines. The Memorandum of Agreement will boost projects that promote and demonstrate renewable energy use, low carbon development in cities, and sustainable consumption and […]

Vietnam eyes green power, not to sacrifice environment for growth | Retail News Asia

he government Thursday reaffirmed Vietnam’s desire for a greener energy mix amid the risk of a power deficiency. Environment-friendly coal- and gas-fueled and renewable power plants would make up the mix. While Vietnam faces “obvious risks of an energy shortage in the coming years … it will not sacrifice the environment for economic growth,” Deputy […]

TNB to install solar and mini-hydro on Tioman Island

Malaysian utility Tenaga Nasional Berhad (TNB) via its wholly-owned subsidiary, TNB Energy Services Sdn. Bhd (TNBES), is to increase electricity supply for Tioman Island with solar and hydropower. The island, located 32 kilometres off the coast of Pahang, will have its mini-hydro station in Sungai Mentawak rehabilitated and solar panels installed on the rooftop of the […]

Energy project changes the lives of interior folks

Kota Kinabalu: IRENE Kodoyou is one of the few hundreds of indigenous natives living in remote rural areas in Sabah who grew up without seeing a light bulb, not until about a decade ago.For everyone else in urban areas, her experience may be hard to imagine because electricity is often taken for granted. They have […]

EU and the Philippines ink seven clean energy contacts

The official launch of the seven projects is scheduled in January 2019. The European Union (EU) inked seven new clean energy contracts worth $23.86m (EUR21m) with Philippine civil society organisations, cooperatives, authorities, and universities to help provide for 40,000 households. This is in line with the Department of Energy’s 100% of electrification goal for 2020. […]

Thailand’s first certified climate bond issued

The Asian Development Bank (ADB) will invest 5 billion baht (US$155 million) in the maiden green bonds by B.Grimm Power Public Company of Thailand, representing the first certified climate bonds to be issued in Thailand. These details were announced on December 11. The transaction comprised of two tranches – five years and seven years – […]

Thai group eyes ASEAN solar plants after first ‘green bond’

BANGKOK — The power generating arm of Thailand’s oldest industrial group, B. Grimm, has issued 5 billion baht ($152 million) in “green bonds” to raise funds for further investment in its renewable energy business. “We invested a lot in Vietnam, and we are now looking for business opportunities in Malaysia, Laos, Cambodia and the Philippines,” said Preeyanart Soontornwata, president of […]