ACEN spending up to P70 billion this year as earnings grow
MANILA, Philippines — ACEN Corp. is preparing to spend P50 billion to P70 billion in capital expenditures this year to continue growing its renewable energy portfolio.
Expect IBEA to support renewable energy transition: Ministry
Jakarta (ANTARA) – Secretary general of the Energy and Mineral Resources Ministry Rida Mulyana in a statement issued on Friday, said he expects the Indonesia Best Electricity Award (IBEA) to play a part in expediting the transition to renewable energy.
Hydropower plant in Luang Prabang Laos to be completed in 2030
A 1,460 MW hydropower plant constructed on the Mekong River in Luang Prabang province, Laos, is expected to be completed and able to generate electricity in 2030. According to Big News Network, it was estimated to produce about 6,854 GWh of energy each year.
Shell and Alternergy to develop offshore projects in Philippines
Shell has partnered with British renewable energy firm Alternergy to develop offshore wind projects in the Philippines, the Philippine News Agency has reported. The partnership will be carried out through Alternergy’s unit Pililla AVPC.
Singapore’s Leader Energy acquires Binh Thuan solar power plant
The Vinh Hao 6 solar power plant was run by Vinh Hao 6 Power JSC, which is held by ACWA Power, FECON Corporation and FECON Power JSC. With a total investment of $53 million, the Vinh Hao 6 solar power plant has achieved its Commercial Operation Date (COD) in June 2019.
US to help set up geothermal power plant in Mindanao
THE United States plans to construct a geothermal power plant in Mindanao to provide consumers clean energy and cheaper electricity. A fact sheet released by the White House on Sunday said that US Vice President Kamala Harris will launch new initiatives to strengthen the US-Philippines alliance, including cooperation in the energy sector.
EVN proposes reducing purchase price of wind and solar power
With the data collected until November 16, 2022, the Electricity of Vietnam (EVN) has just proposed to the Ministry of Industry and Trade and the Electricity Regulatory Authority of Vietnam to apply the electricity generation price bracket for each type of renewable energy plant according to the four options that the company has performed over […]
ADB-backed National Solar Park adds 60MW to Cambodia’s grid
PHNOM PENH – A 60MW solar photovoltaic (PV) power plant in southwestern Kampong Chhnang province, part of the 100MW National Solar Park, was connected to the national grid on November 11, in a move to provide the people with more power resources, reported the Asian Development Bank (ADB).
PLN, Amazon Sign Agreement to Build 210 MW Solar Power Plant in Indonesia
TEMPO.CO, Jakarta – PT PLN (Persero) signed an agreement with Amazon on Tuesday to develop new renewable energy (NRE) with a capacity of 210 megawatts (MW) of solar power plants (PLTS) in Indonesia. This agreement is a first for both companies to allow the addition of large-scale PLTS into the national power system.
Alternergy, Shell partner to jointly develop offshore wind potential in Philippines
Renewable energy company Alternergy Holdings Corp. and Shell Overseas Investment B.V. have forged a partnership to jointly explore and develop the country’s offshore wind energy potential.