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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 […]

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. […]

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 […]

Vietnam should increase solar FIT to $0.15/kWh, ADB says

According to a report from the Asian Development Bank (ADB), key factors such as the low-regulated price of electricity and uncertainty of the creditworthiness of Vietnam’s state-owned utility EVN are making it difficult to develop bankable solar and RE projects. An improved fiscal energy policy is recommended as the only way to provide the local […]

Sembcorp wins 6.2-MW rooftop project in Singapore

November 2 (Renewables Now) – Sembcorp Industries Ltd (SGX:U96) has signed a 25-year contract to install, own and operate a 6.2-MWp rooftop solar project in Singapore. The solar panels will be deployed at two facilities of “one of the world’s largest providers of products and services to the energy industry,” the Singapore-based utilities, marine and […]

Luxury condominium in Melaka first to have solar panels

ECO-FRIENDLY solar panels is set to reduce electricity bills for buyers of the Admiral Residences condominium project in Melaka. Developer Tanjung Ratna Sdn Bhd and Solar Engineering firm I2 Energy Sdn Bhd signed an agreement to install solar panels at its premier residential condominium project that is currently under construction. Once completed, Admiral Residences will […]

New rule says on-the-grid solar panel owners must get permission from PLN

The government finally issued last week a long-awaited ministerial regulation on photovoltaic solar panels, which sets out guidance and requirements for people who want to install them on their house or facility. Energy and Mineral Resources Ministerial Regulation No. 49/2018 on the use of solar panels on houses or in industry stipulates that the government intends the […]

4000 villages now have access to solar grids

The government said its solar electrification project has allowed almost 200,000 households to access power supply over the last two years. Over 4000 villages and 180,000 households have been electrified during two years of five-year solar electrification project implemented by the agriculture ministry’s Department of Rural Development (DRD), U Sai Thura Kyaw, director of that department, […]

Govt wants to generate 1 GW of rooftop solar power in 3 years

The Energy and Mineral Resources Ministry’s renewable energy director general, Rida Mulyana, said on Wednesday that the government expected rooftop photovoltaic solar panels to produce 1 gigawatt (GW) of electricity nationwide within three years. On Nov. 16, Energy and Mineral Resources Minister Ignasius Jonan issued Ministerial Regulation No 29/2018 on the use of electricity produced […]

The sharing economy for energy is coming to Singapore

A local start-up is on the way to bringing peer-to-peer energy trading to Singapore, which its founder says will grow the renewable energy market in the sun-drenched island nation. A Singapore start-up has launched a trial for the country’s first peer-to-peer energy trading platform. Called Synergy, the platform will enable Singapore residents to produce, buy and sell renewable […]