Cambodia’s biggest hydropower dam now producing electricity
New Delhi: Cambodia‘s largest hydropower project officially began producing electricity Monday as the country tries to increase its energy capacity to reduce energy imports and help jump-start industrial expansion. Prime Minister Hun Sen inaugurated the 400-megawatt Lower Sesan II hydropower dam in the northeastern province of Stung Treng. The project, constructed on a build-operate-transfer basis, […]
Carbon shift still not a threat to coal-using firms’ credit worthiness
The drive toward carbon mitigation and away from fossil fuels is expected to have a gradual effect on coal-using companies and is not a significant risk on their credit worthiness, according to Moody’s Investor Service. However, Moody’s, in its Power Asia 2019 outlook report, said companies that operate coal-fired power plants would see their cash […]
Challenges facing solar power development in Vietnam
In April 2017, Prime Minister Nguyen Xuan Phuc issued a decision on mechanisms for encouraging solar power development. This decision has given a boost to this sector as it set up an attractive price for solar electricity – 2,086 VND or 9.35 US cent per kWh – for 20 years, compared to the current average […]
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, […]
Championing renewable energy
MATT Tan, a chartered accountant, and his friend and colleague Levin Tan, an engineer by training, share more than just a common surname. They have a common interest in sustainability issues and came together to form Mattan Engineering Sdn Bhd back in 2012. The visionary duo combined their expertise in finance and engineering to be […]
Changes a must to meet energy goals
With its great potential for renewable energy development, Vietnam will be able to lure tens of billions of US dollars into such projects and ultimately meet its energy efficiency targets once it advances energy and electricity price adjustments, along with many other solutions. A few weeks ago, the United Nations Development Programme (UNDP) released a […]
China can help Philippines solve energy issues: Wang
MANILA — Chinese companies are willing to help their Filipino counterparts solve energy issues, Beijing’s top envoy said Monday after meeting his Philippine counterpart. China has “mature” equipment, technologies, personnel, training and the financial capability to help the Philippines develop solar, hydro, wind and nuclear power, State Councilor and Foreign Minister Wang Yi said. Wang […]
China Ready to Produce Oil, Gas With Philippines in South China Sea – Minister
China is ready to study the possibility of joint oil and gas production with the Philippines in the South China Sea, Chinese Foreign Minister Wang Yi said. “The Chinese party is ready to continue exploring the possibility of joint development of oil and gas [fields] in the South China Sea together with the Philippines. To […]
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, […]