Poyry to work on various renewable energy projects in Indonesia
December 5 (Renewables Now) – Finnish consulting and engineering firm Poyry Plc (HEL:POY1V) said on Monday it has entered into a three-year framework agreement for the development of various renewable energy projects in Indonesia, including hybrid schemes. The contract was awarded by PT Indonesia Power, a unit of state-owned power distributor PT PLN, and covers […]
The most important country for the global climate no one is talking about
Indonesia is one of the world’s largest emitters of greenhouse gases, but manages to fly well below the radar. World leaders are gathered this month in Katowice, Poland, for COP24, the most important global meeting on climate change since the 2015 UN Climate Conference in Paris. At the top of agenda: getting countries to agree on […]
Kingdom petrol price spike looms
Retail petrol prices in the Kingdom continued to fall on Monday amid an increase in crude oil prices in the international market. This follows the renewal of a pact between two top oil producers to cap output and the temporary trade cease fire between the US and China. A Ministry of Commerce statement released on […]
Grundfos Partners with Cambodia to Improve Water Security
PHNOM PENH, Cambodia – Grundfos and the Ministry of Industry & Handicraft, Cambodia today confirmed that they will exchange a letter of intent to strengthen cooperation in water management, in an effort to reduce the cost of water and increase access to clean, quality water in the country. His Excellency Cham Prasidh, Minister of Industry […]
Investors rush to develop solar power projects
Several investors have announced plans to develop solar power plants in Vietnam as the prime minister’s decision providing incentives in terms of power price will expire in June next year. Solar panels are seen on the roof of the building of Binh Dinh Power Company. Investors have announced multiple solar power projects According to the […]
Southeast Asia braces for more oil volatility ahead of OPEC meeting
Most economies are net crude importers and benefit from lower prices JAKARTA — Rattled by rapid oil price swings in recent months, Southeast Asian economies are on tenterhooks ahead of an OPEC meeting this week that is expected to result in a supply cut to boost prices. The recent plunge in prices — the benchmark […]
Solar Philippines PV mini-grid franchise passes to final stage in Congress
UPDATED: A controversial House Bill granting private Filipino firm Solar Philippines a PV mini-grid and transmission franchise across the Philippines has all but passed through Congress, with only a procedural third step left to confirm the final draft of the Bill. The House Bill (HB 8179) allows Solar Philippines, operating under the name Solar Para […]
Renewable energy for a livable future
In such a fast-paced world, when are you going to make time to take a look at what’s happening around you? With rampant development happening all over the world, there always seems to be a race to be better, to develop more, to be the first to innovate. However, such innovations and progress do not […]
Philippines government signs pact on renewable energy scheme for Palawan
The Filipino Department of Energy (DOE) has signed a memorandum of understanding (MOU) with the provincial government of Palawan to develop a new renewable energy scheme. The Renewable Energy Applications Mainstreaming and Market Sustainability (DREAMS) project aims to improve energy efficiency, safety, security in Palawan, which is a thin archipelagic province in the far southwest […]
Sapura Energy’s 3rd quarter results will not dent the company
KUALA LUMPUR: Sapura Energy Bhd will be able to ride over the challenging third quarter financial results ended September due to its strong fundamentals, solid order book of RM18.2 billion, rebounding crude oil prices as well as full support of its majority shareholder, Permodalan Nasional Bhd. Analysts and industry sources said these are challenging times […]