Indonesia expects to add 95 MW of additional geothermal capacity this year
Indonesia expects to see a geothermal power generation capacity increase of 95 MW by the end of 2018, with the addition of the 55 MW Lumut Balai Unit 1 by Pertamina Geothermal Energy and the 40 MW Sorik Marapi geothermal power plant. The installed capacity of the geothermal power generation capacity in Indonesia is expected […]
16 foreign firms want to partner with local electric co-ops to form clean-energy mini grids
SIXTEEN foreign firms have expressed interest to partner with electric cooperatives to put up clean-energy mini grids. According to the post-event survey conducted by the Alliance for Rural Electrification (ARE) that co-organized the first-ever Philippines Mini-grid Business-to-Business (B2B) Forum in Manila, “16 foreign participants said they would or were very likely to invest in mini […]
Country’s first solar power plant to start operations in Magwe
The country’s first solar power plant will start operating in November, U Maung Maung Kyaw, chief engineer of the Electric Supply Enterprise, said. The power plant, in Minbu township, Magwe Region, is expected to produce 40 megawatts initially but will produce 170MW once fully operational, according to U Maung Maung Kyaw. “Because this is our […]
Vietnam to open electricity wholesale market next year
Deputy Minister of Industry and Trade Hoang Quoc Vuong spoke about the development of the marketplace at a recent meeting in Ha Noi. Vuong said the development of a competitive electricity market is a long-term plan for Viet Nam’s electricity sector as mandated in the 2004 Electricity Law. The details of the plan were specified […]
World Oil Prices Help Vietnam Expand an Already Fast-Growing Economy
An increase in world oil prices is helping Vietnam earn money that will quicken its already fast economic growth and may help the country build new infrastructure. The only red light: higher fuel prices among Vietnam’s consumers. Vietnam, though not a major oil-producing nation like much of the Middle East, has counted energy-related commodities as […]
PH energy firms ready to adopt blockchain technology
The blockchain business is expected to explode in value to $2 trillion in 2030 from $2.5 billion in 2017 as the technology’s momentum gathers pace in various industries and as it deepens roots in countries like the Philippines. According to research firm IHS Markit, the outlook is consistent along with the different sectors where blockchain […]
Co-ops formed to seek solar energy franchise
Solar energy proponents are forming cooperatives with plans to seek their own legislative franchises for minigrids the way Solar Para sa Bayan Corp. (SPSB) is already doing. Some of them have formed the Solar Energy Association of the Philippines (SEAP) to help hasten the formation of such cooperatives, initially with three that were promptly started […]
Kalinga geothermal project progresses to exploration drilling
CITY OF TABUK, Kalinga, Oct. 15 (PIA) – – Geothermal exploration in the province is progressing with drilling targeted to start next year. Kalinga Geothermal Project, a consortium of Aragorn Power and Energy Corporation, Guidance Management Corporation and Allfirst Kalinga Ltd., is given a two-year extension for its exploration permit. It is now on Phase […]
AC Energy adds a further 80MW of solar projects in Vietnam
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 […]
PM: China to import 500,000 tonnes more palm oil from Malaysia
KUALA LUMPUR (Oct 15): China has expressed its intention to buy another 500,000 tonnes of palm oil from Malaysia provided the prices are competitive, Prime Minister Tun Dr Mahathir Mohamad says today. This follows his official visit to China in August, he added. “China has stated that it is prepared to import an additional 500,000 […]