First Philippine floating solar farm launched
Floating solar farms are more technically efficient than ground-mounted projects because the cooling effect of the surrounding water on the panels makes the panels produce more energy. As an archipelago with bodies of water, the Philippines has a huge potential for floating solar farms. According to a recent report, a 10 kilowatt-peak (kWp) floating solar […]
INFOGRAPHIC: Natural gas and the Philippines’ rising power demands
MANILA, Philippines – As consumption rates continue to rise and the government’s massive infrastructure program gets underway, one thing is clear: the Philippines’ demand for power will be higher than ever. Can our existing energy mix sustain this growth? Based on latest figures, up to 50% of our energy comes from coal-fired power plants. At […]
Challenges in Coal Supply for Thermal Power Production
As thermal power accounts for the largest proportion of Vietnam’s energy production, the country is facing challenges to ensure sufficient supply of coal for thermal power plants in the coming years. According to President of the Vietnam Association of Thermal Science and Technology Truong Duy Nghia, coal-fired thermal power has dominated the country’s energy market, […]
IFC’s Komodo green bond raises $134m for climate investments
International Finance Corporation (IFC), a member of the World Bank Group, has issued its inaugural Indonesian rupiah Komodo green bond, attracting strong investor demand and raising Rp 2 trillion (US$134 million) to combat climate change. “The issuance of IFC’s green Komodo bond underscores our commitment to support Indonesia in achieving environmentally sustainable economic growth,” said […]
Risen Energy adds a further 50MW of solar to Vietnam projects
Major China-based PV manufacturer Risen Energy has secured a 50MW PV power plant through India’s Shapoorji Pallonji Group, a private infrastructure development company to be built Vietnam. Risen Energy recently signed a contract with Surya Prakash Vietnam Energy Co, a subsidiary of Shapoorji Pallonji Group for the 50MW project, which is expected to be operational […]
DOE rolls out Mindanao energy projects
TAGUIG CITY, OCt. 8 — The Department of Energy (DOE) is setting its sights on present energy investment opportunities in Mindanao that will spark new developments and growth in the region. In this regard, the DOE, through its Investment Promotion Office, is launching the Mindanao Energy Investment Forum (MEIF) to be held on 11 October 2018 […]
RAM rates world’s first UN SGD sukuk issued by HSBC Amanah Malaysia
KUALA LUMPUR: RAM Ratings has rated the world’s first United Nations (UN) Sustainable Development Goals (SDG) sukuk issued by HSBC Amanah Malaysia Bhd. The sukuk is under the bank’s RM3bil multi-currency sukuk programme (2012/2032) which carries an AAA/stable rating. “This global first by HSBC Amanah puts Malaysia again on the sustainable finance world map,” says […]
Sarawak to model mega dam management after Canada, CM says
KUCHING, Oct 7 — Sarawak will be taking Canada as a model in the management and governance of its mega dams and water usage, Chief Minister Datuk Patinggi Abang Johari Openg said today. He said Canada, in particular the province of Ontario, has a long history and reputation of hydro power generation with the […]
Malaysia to pick experts for EU panel on land usage for palm oil
KUALA LUMPUR: Malaysia has agreed to appoint experts to be part of the European Commission’s panel which will look into indirect land use, which is crucial to avert discrimination by the EU countries. Primary Industries Minister Teresa Kok said on Sunday the experts would sit in the EC’s expert panel on indirect land use change […]
China Reshapes The Vital Mekong River To Power Its Expansion
Chinese tourists account for more visitors to Thailand — and much of Southeast Asia — than from any other country. The Thai village of Sob Ruak, at the heart of the Golden Triangle region where Thailand, Laos and Myanmar meet, is no exception. Tour buses routinely disgorge thousands of Chinese tourists to buy trinkets, […]