Singapore’s Leader Energy acquires Binh Thuan solar power plant
The Vinh Hao 6 solar power plant was run by Vinh Hao 6 Power JSC, which is held by ACWA Power, FECON Corporation and FECON Power JSC. With a total investment of $53 million, the Vinh Hao 6 solar power plant has achieved its Commercial Operation Date (COD) in June 2019.
Alternergy, Shell partner to jointly develop offshore wind potential in Philippines
Renewable energy company Alternergy Holdings Corp. and Shell Overseas Investment B.V. have forged a partnership to jointly explore and develop the country’s offshore wind energy potential.
Rate cut sought for green homebuyers
SET-listed developers Sena Development Plc and Sansiri Plc will hold discussions with financial institutions in an effort to reduce the interest rate on mortgage loans for buyers of energy-saving homes, estimated at between 0.5% and 1% in the first year.2
Natural gas deemed important in bridging energy transition
The industrial and fertilizer sectors are the main contributors to the increase in consumption of domestic natural gas, respectively accounting for 26.68 percent and 12.73 percent of the total national gas production Jakarta (ANTARA) – Natural gas is deemed crucial in future to bridge the transition from fossil-based energy to new and renewable energy, since […]
Indonesia’s Saka Energi plans $1.5bn upstream spend
Indonesian upstream player Saka Energi is planning to invest up to $1.5 billion between 2022 and 2028 to develop various assets in Indonesia and abroad as it seeks to boost oil and gas production.
EVN proposes reducing purchase price of wind and solar power
With the data collected until November 16, 2022, the Electricity of Vietnam (EVN) has just proposed to the Ministry of Industry and Trade and the Electricity Regulatory Authority of Vietnam to apply the electricity generation price bracket for each type of renewable energy plant according to the four options that the company has performed over […]
Russia Agrees to Establish Yangon Flights and Nuclear Energy Hub in Myanmar
Myanmar’s junta and Russia have agreed to open direct flights to Yangon and to establish a nuclear technology hub in the city, according to the regime-controlled media.
A showcase for the BCG model
The Asia-Pacific Economic Cooperation (Apec) summit offered a glimpse into how countries plan to deal with uncertainties post-pandemic as well as the Thai government’s push towards a new economic model
US, Philippines to Negotiate Nuclear Power Tech-Sharing Pact
The US and the Philippines will open talks on a deal for the Asian nation to build nuclear power plants with American technology, Vice President Kamala Harris announced.
Hunt for higher local gas supply
The state subsidy programme for electricity prices is not the only way to curb their rapid increase, which is partially driven by the import of costly liquefied natural gas (LNG).