MANILA – DoubleDragon Properties Corp on Monday said its subsidiary CityMall Commercial Centers Inc. signed an agreement to support the renewable energy efforts of the World Wide Fund for Nature (WWF) Philippines. The Memorandum of Agreement will boost projects that promote and demonstrate renewable energy use, low carbon development in cities, and sustainable consumption and […]

Hanoi (VNA) – New financial sources, particularly from the private sector, will help Vietnam further develop its energy industry, according to a new World Bank report on maximising finance for Vietnam’s energy development. Titled “Maximising Finance for Development in Vietnam’s energy sector”, the report said the changing macroeconomic and sectoral context in Vietnam requires a […]

KUALA LUMPUR (Jan 13): Tenaga Nasional Bhd (TNB) is introducing blended coal at its coal-fired power plant in Lumut, Perak, as part of a continuous effort to ensure a sustainable coal supply for electricity generation. The introduction of blended coal for the Sultan Azlan Shah Power Station, which produces 20% of Peninsular Malaysia’s energy generation, […]

Myanmar Investment Commission (MIC) granted the permits to nine new investments including CMP factories and LPG businesses at its meeting on January 11. The nine new foreign investments are: meat packaging, rice and rice mill products, animal feed production, baby chicks production, CMP garment industries, power production, LPG industry, warehouse and logistics services and vehicle […]

The new Philippine company set to appropriate ECG (Electricity Company of Ghana) is bringing approximately $580 million into their operations. Meralco Consortium, a power corporation from the Philippines, will adopt all assets and operations associated with ECG under the name Power Distribution Services (PDS) Ghana Limited. The takeover happens on February 1, 2019. This event […]

MANILA, Philippines — PNOC Renewables Corp. (PNOC-RC), the renewable energy arm of state-run Philippine National Oil Co. (PNOC), has partnered with the local government of Baguio to explore waste-to-energy development. PNOC-RC and the local government unit of Baguio recently signed a memorandum of understanding to support waste-to-energy development and sustainable solid waste management of the […]

The ministry recently asked for the government’s permission to approve another 17 solar power projects. Deputy Minister Hoang Quoc Vuong said MOIT is considering auctioning solar power projects to choose the best and most capable investors. The policy would settle existing problems as it would reflect the market price at the time the projects are […]

DUBAI: PTT Exploration and Production (PTTEP) of Thailand and Eni of Italy have secured rights to explore for oil and natural gas in Abu Dhabi, committing to invest at least US$230 million to assess the offshore fields. The concession will be operated by Eni and fully owned by the Italian and Thai companies. Abu Dhabi […]

MANILA – Climate change will be a major consideration in evaluating initiatives of schools joining the search for the country’s most sustainable and eco-friendly public and private elementary and high schools, as well as higher education institutions (HEIs) starting this year. “We’re highlighting climate change due to what’s happening around us,” Elenida Basug, the Department […]

A U.S.-based company, Excelerate Energy, is throwing its hat in the fledgling Philippine liquefied natural gas (LNG) sector. Excelerate, based in Woodlands, Texas, and Manila-based First Gen Corp., have filed a joint bid for an LNG import project, Philippines DOE Undersecretary Felix William Fuentebella said during a news conference in Manila on Monday.  Excelerate filed its […]