BANGKOK — B Grimm Power (BGRIM) has clinched an agreement to supply electricity from its solar photovoltaic (PV) farm in Phú Yên Province, Việt Nam, to Electricity of Vietnam (EVN), the largest power company in the country. The conclusion of the 20-year agreement on Thursday in Hà Nội, in the presence of BGRIM Chairman Harald […]

BANGKOK, 28 December 2018 (NNT) – B.Grimm Power Plc (BGRIM)’s solar power development projects have made headway according to plans to consolidate  its capacity build-up. Three out of the seven ground-mounted solar farms sponsored by BGRIM for government agencies and agricultural cooperatives in Thailand, with a total installed capacity of 10.8 megawatts, were brought on line […]

DAVAO CITY — The Mindanao-Visayas power grid interconnection project is expected to pave the way for the pilot testing of the Philippines’ link to the energy network within the Association of Southeast Asian Nations (ASEAN). The proposed ASEAN power grid is a component of the Master Plan for ASEAN Connectivity (MPAC). “Mindanao seeks to pilot […]

[HELSINKI] Finnish biofuel producer and oil refiner Neste said on Wednesday it will boost its biofuel production capacity in Singapore with a bigger-than-expected investment of 1.4 billion euros (S$2.2 billion). Neste, 44.75 per cent owned by the state of Finland, has in recent years emerged as one of the leading players in the renewable diesel […]

20 years ago, no one could have accurately predicted the huge impact that inventions like the smartphone and the World Wide Web would have on humankind. As technology advances at a breakneck pace, the same could be said about blockchain technology. It’s a common misconception to conflate blockchain with cryptocurrencies like Bitcoin, Ethereum and Litecoin. […]

Key Points Companies in Singapore can now engage in renewable energy certificates trading on a blockchain-powered system from utilities provider SP Group. The idea behind the asset is that firms seeking to offset their non-green energy production can purchase RECs from a company producing excess green power. The use of a blockchain is more than […]

The eventual liberalization of many electricity markets in Asia is opening up investment opportunities and new business models for consumers, producers and authorities. The energy sector in Asia is on the brink of a complete overhaul. According to the latest projections by Bloomberg New Energy Finance, Asia is set to receive almost 50% of the […]

BMW will assemble battery packs in Thailand, too. In the case of BMW Group, the primary battery pack production site is in Dingolfing, Germany, but step-by-step the company is launching also other smaller sites around the world to localize battery assembly. There is already a BMW battery facility in Spartanburg, U.S. as well as in Shenyang, […]

Real GDP in 2017 was stronger than expected, rebounding to 1.3 per cent supported by both the O&G and non-O&G sectors. On September 17, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Brunei Darussalam. Brunei Darussalam’s economy has been adjusting well to lower oil prices since 2014, […]

BRUNEI Darussalam won first place in the ‘Off-Grid’ category at the 36th ASEAN Ministers of Energy Meeting (AMEM) Gala Dinner’s ASEAN Energy Award 2018 in Singapore under the Renewable Energy (RE) project competition. The project was titled ‘2kWp Off-grid Solar PV Systems in Labi, Ulu Belait, Brunei Darussalam’. Project owner Philip Chin Khee Khiong of […]