A $5bn plan may bring Indonesia’s solar to Singapore
Renewable energy developer Quantum Power Asia agreed to advance a potential $5 billion plan to export electricity generated from solar in Indonesia to Singapore as the city-state attempts to accelerate its use of renewables and cut its reliance on imported liquefied natural gas (LNG).
A $650 million renewable plan in Indonesia eyed by South Korean power entity
A power manufacturer situated in South Korea is looking to fund a hydropower industry scheme in Central Java that would be the purchasers of coal first renewable energy partnership with Indonesia. Korea South Power (KOSPO) is currently going through a practicality study to develop the 230-megawatt (MW) Maung hydropower industry in Banjarnegara, Central Java, having Indonesian […]
A 25-year power purchase agreement for 60 MW of floating solar in Singapore
The Sembcorp Floating Solar Singapore unit of utilities and marine group Sembcorp Industries has secured a 25-year power purchase agreement (PPA) for a 60 MW floating solar plant it is planning at Singapore’s Tengeh Reservoir. The deal was signed with national water agency the Public Utilities Board (Pub), which selected Singapore company Sembcorp for the project in late February. […]
A brighter future for the booming solar sector
Solar power firm Constant Energy is rapidly expanding in Thailand and throughout the region using a business-to-business model
A broken dam and broken promises: Laos doubles down on hydropower despite risks
Two years ago this week, a dam in southern Laos collapsed, releasing a flood that displaced over 7,000 people and killed at least 71. When a section of the Xe Pian-Xe Namnoy hydropower project broke on July 23, 2018, it sent 500 million cubic meters of water downstream. The flooding destroyed people’s homes and farms, inundating […]
A global first: AC Energy launches $400-million green bonds for RE projects
AC Energy Inc. has successfully launched $400-million, fixed-for-life green bonds to finance the expansion of planned renewable-energy (RE) projects. The power arm of conglomerate Ayala Corp. said Wednesday that it has successfully set the terms of its inaugural US dollar-denominated, senior perpetual fixed-for-life green bond issuance at an aggregate principal amount of $400 million, with a […]
A Middle Way for Green Energy
The presidential regulation draft for purchasing new and renewable electricity from state power company PLN is completed. In August, the discussions between ministries started to lead towards an agreement.”It is still being harmonized by the justice and human rights ministry,” Ida Nuryatin Finahari, director of geothermal energy at the energy and mineral resources ministry, said […]
A new hope for clean energy
It is never too late to do the right thing. The government is shortly to provide many incentives to investors in renewable energy power plants that will be detailed in a presidential regulation. This regulation has been long-awaited because many investors have been reluctant to put money into developing clean energy sources. As well as […]
A rushed reach for the sun in Myanmar
SAGAING and YANGON – Myanmar is rushing ahead with a major solar power initiative amid the Covid-19 pandemic, giving potential investors just a month to submit bids and raising questions about the tender’s intent and viability. The Ministry of Electricity and Energy published a notice on its official Facebook page dated May 18 inviting companies to submit […]
A wave-powered ferry aims to forge a new path for shipping in the Philippines
The hundreds of islands that make up the Visayas region in the central Philippines are connected by a vast fleet of decades-old cargo and passenger ships. These vessels are vital for moving goods and people but have long been considered major polluters of this biodiverse region, and contributors to greenhouse gas emissions.