Laos commits to reducing its greenhouse gas emissions

Posted on December 14, 2017. Asian News.

Source: elevenmyanmar.com Laos is set to reduce its greenhouse gas emissions while becoming more resilient to negative impacts from climate change. In addition, the country is planning to increase its share of renewable energy to 30 percent of its consumption by 2025. To reach the goal, the country has plans to enhance public transportation and… Read more »

Scatec Solar secures 40 MW solar PV project in Malaysia

Posted on December 14, 2017. Asian News.

Author: Robin Whitlock Source: renewableenergymagazine.com Scatec Solar and Fumase have won the contract to develop a 40 MW PV project in a tender held by the Malaysian Energy Commission. The power plant, located in the state of Perak in Northwest Malaysia, is expected to deliver 65 GWh of electricity per year with annual revenues of approximately $6 million.  Work… Read more »

GE to drive wave of solar investment in Vietnam

Posted on December 13, 2017. Asian News.

Source: english.vietnamnet.vn As the world in general and Vietnam in particular are seeing strong increases in power demand, coupled with the growing complexity of requirements on safety and sustainability, the prospects of solar power producers all over the world are looking bright. Paul English, executive, GE Power Conversion Asia told Van Mai that GE, the… Read more »

Mitsubishi to promote electric vehicles in Indonesia

Posted on December 13, 2017. Asian News.

Source: bangkokpost.com Mitsubishi Motors Corp said on Monday it will join forces with the Indonesian government to promote electric vehicles in the Southeast Asian country, as the government ramps up efforts to reduce CO2 emissions. “This memorandum of understanding is a vote of confidence by the Indonesian government in the electric technologies of Mitsubishi Motors,”… Read more »

Vietnam advised to import electricity from Laos

Posted on December 12, 2017. Asian News.

Source: english.vietnamnet.vn The Mekong Connection Initiative, including the Stimson Center, the International Union for Conservation of Nature (IUCN), the Nature Conservancy and the University of California Berkeley (UCB), believes that Vietnam should become the major importer of electricity from Laos. Brian Eyler from Stimson Center said that he had met Lao government officials and raised… Read more »

BDO, World Bank tie up for $150-million green bonds

Posted on December 12, 2017. Asian News.

Source: rappler.com The World Bank is the sole investor in the issuance which is expected to curb 93,000 tons of carbon dioxide emissions per year by 2022 through the funding of climate-smart projects. Henry Sy-led BDO Unibank Incorporated became the country’s first commercial bank to issue green bonds aimed at addressing climate change. In a… Read more »

Basic Energy to acquire stake in Japan biomass power plant

Posted on December 11, 2017. Asian News.

Author: Leslie Gatpolintan Source: canadianinquirer.net Listed Basic Energy Corp. (BEC) is acquiring a minimum 10-percent stake in a 25-megawatt (MW) biomass power plant located in Japan, in line with its thrust to expand its portfolio of renewable energy projects here and abroad. BEC told the local bourse it signed a term sheet with Vintage Holding… Read more »

Japan opens up to possibility of increasing renewable energy

Posted on December 11, 2017. Asian News.

Author: Daniel Hurst Source: atimes.com Solar and hydroelectric power are seen as the best way to slow the strong growth in coal power projects, especially considering the bleak future for nuclear power in the country Japan is reviewing its future energy sources as climate advocates call on the government to make it easier for the… Read more »

AboitizPower to add 500 MW capacity online in 2018

Posted on December 08, 2017. Asian News.

Source: canadianinquirer.net AboitizPower Corporation is set to add some 500 megawatts of attributable capacity in 2018, coming from the completion of several hydro and baseload plants in Luzon, Visayas, and Mindanao. In a briefing to analysts last Tuesday, AboitizPower President and COO Antonio R. Moraza said the projects are on track and should be mostly… Read more »

Thai company secures massive loan for wind projects

Posted on December 08, 2017. Asian News.

Author: Finbarr Bermingham Source: gtreview.com Thai company Wind Energy Holdings has borrowed US$1.14bn from Siam Commercial Bank to fund five onshore wind farms in the country. This huge financing will see the projects come online by the first quarter of 2019 and will significantly increase the 270MW of energy the company is currently generating in… Read more »