Renewables firm AC Energy, a wholly owned subsidiary of Philippines-based industrial firm, Ayala Corporation has announced a further 80MW of solar projects in Vietnam, soon after detailing a 300MW pipeline in the country. AC Energy said that its joint venture with AMI Renewables Energy would include a total of 80MW of PV power plants in […]

Acciona S.A., a Spanish infrastructure company, has reportedly announced the expansion of its operations in Philippines and plans to recruit more manpower as it looks for opportunities in the renewable energy sector in collaboration with a local company. Reports cite, Acciona is weighing the potential of entering into a power purchase deal with private firms, […]

A SUBSIDIARY of engineering-services provider Acromec is diversifying into the renewable-energy sector, having inked a letter of intent (LOI) with egg producer Chew’s Agriculture to operate a waste-to-energy power plant that will use chicken manure as feedstock. (see amendment note) Acropower, an 80:20 joint venture between Acromec and Malaysian alternative energy company Green Energy Resources, will […]

Activists in Indonesia have called on three South Korean financial institutions to withdraw their funding for new coal-fired power plants to be built in Java. The plants will be part of a complex that is already the biggest polluter in Southeast Asia, whose proximity to the metropolis of Jakarta could put the health of 30 […]

The Asian Development Bank (ADB) plans to invest 5 billion Thai baht (US$155 million) in Thailand-based B.Grimm Power Public Company Ltd via five- and seven-year green bonds. Reportedly, the bonds are the first certified climate bonds issued in the country. According to the bank, the proceeds have been earmarked for nine operational solar PV plants […]

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 […]

The Asian Development Bank (ADB) has signed a $227.7m loan deal with Gulf SRC Company to build a 2,500MW combined cycle power plant (CCPP) in Thailand’s Chonburi Province. Established in 2012, Gulf SRC builds and operates power plants and is completely owned by Independent Power Development, a joint venture (JV) between Thailand-based power generation company […]

THE DEVELOPMENT of waste-to-energy (WTE) facilities in the Philippines through public-private partnerships (PPPs) may be plagued by uncertainty due to an inadequate legal framework, the Asian Development Bank (ADB) said. “Municipal solid waste (MSW) processing and disposal remains a challenge in Bangladesh, India, and the Philippines. The uptake of WTE as a proven MSW treatment […]

Metro Manila (CNN Philippines, January 1) — Filipinos will pay more for fuel at the beginning of 2019 because of an additional excise tax provided by law. Under the Tax Reform for Acceleration and Inclusion (TRAIN) law, an additional  ₱2 per liter excise tax is imposed on diesel and gasoline, ₱1 for every liter of […]

The rise of wind and solar power, coupled with the increasing social, environmental and financial costs of hydropower projects, could spell the end of an era of big dams. But even anti-dam activists say it’s too early to declare the demise of large-scale hydro. The last few years have been turbulent for the global dam […]