SEC approves green bonds rules

Posted on August 22, 2018. Asian News.

Source: https://business.mb.com.ph The Securities and Exchange Commission (SEC) has approved the “Guidelines on the Issuance of Green Bonds Under the ASEAN Green Bonds Standards.” The new guidelines adopts the ASEAN Green Bond Standards (GBS) and provide for the rules and procedures for the issuance of ASEAN Green Bonds in the Philippines. ASEAN Green Bonds refers to… Read more »

Trina bags US$30 millon financing for Vietnam solar fab operations

Posted on August 22, 2018. Asian News.

Source: https://www.pv-tech.org Trina Solar (Vietnam) Science & Technology, part of China-based Silicon Module Super League (SMSL) member Trina Solar, has secured a US$30 million credit facility with one of Vietnam’s four largest commercial banks, VietinBank. The credit will be primarily used to fund and finance the production and operation of Trina Solar’s PV manufacturing plant in Bac Giang, Vietnam, which went into… Read more »

Japan Asia Investment completes 2.4-MW floating PV system

Posted on August 20, 2018. Asian News.

Source: https://renewablesnow.com Tokyo-based Japan Asia Investment Co Ltd (TYO:8518) said today it has completed its 2.4-MW floating solar system in Kagawa prefecture. The photovoltaic (PV) array was installed at a total cost of JPY 860 million (USD 7.8m/EUR 6.8m), according to the company’s press release. It has an estimated annual output of a little over 3 million kWh, enough to… Read more »

ABB ECOFLEX BRINGS TO LIFE FIRST COMMERCIAL BIOGAS FACILITY IN THE PHILIPPINES

Posted on August 20, 2018. Asian News.

Source: https://watchmendailyjournal.com ABB’s EcoFlex eHouse provides the facility with reliable power to bolster its power generation capacity. ABB is working with First Quezon Biogas Corporation, through its partner Yamato Technologies Pte Ltd. from Singapore, to power the country’s first commercial biogas facility. Currently being constructed in the province of Candelaria in Quezon, the plant will transform… Read more »

B.Grimm okays more solar investments in Thailand, Vietnam

Posted on August 15, 2018. Asian News.

Source: https://renewablesnow.com The board of directors of Thai company B.Grimm Power PCL (SET:BGRIM) on Friday approved investments in a 257-MW solar project in Vietnam and in 70 MW of rooftop solar capacity. In both cases the equity internal rate of return (EIRR) shall be above 12%. The company will buy an 80% stake in the Vietnamese… Read more »

Sumitomo SHI FW gets biomass boiler order for 109-MW Korean plant

Posted on August 10, 2018. Asian News.

Author: Tsvetomira Tsanova Source: renewablesnow.com Sumitomo SHI FW, a unit of Japan’s Sumitomo Heavy Industries Ltd (TYO: 6302), will design and supply the boiler island for a 109-MW biomass power project in South Korea. The contract has been awarded by Hyundai Engineering & Construction Co Ltd (KRX:000720), which is in charge of the Daesan Biomass… Read more »

Bladt forms JV for offshore wind foundations in Taiwan

Posted on August 10, 2018. Asian News.

Author: Plamena Tisheva Source: renewablesnow.com Danish steel contractor Bladt Industries A/S has formed a joint venture (JV) with a partner in Taiwan to make foundations for the emerging offshore wind market. The company has signed a JV agreement with Century Wind Power, after working on the deal for the last year. The new firm, called… Read more »

Solar PH to bid for India’s renewable projects

Posted on August 09, 2018. Asian News.

Author: Alena Mae S. Flores Source: manilastandard.net Solar Philippines plans to join the bidding for the renewable energy requirements of India and expects to sign a contract within the year, a top executive said. “We’re prioritizing countries where there is a competitive selection process for power suppliers because we believe that that is where we’re… Read more »

Andritz wins contract for Pac Ma hydro plant, Vietnam

Posted on August 09, 2018. Asian News.

Source: waterpowermagazine.com Andritz has been awarded a €40 million contract for the supply, supervision, and commissioning of electro-mechanical equipment for the 140MW Pac Ma hydropower plant in Vietnam. The deal, awarded by Pac Ma Hydropower Joint-Stock Company, covers supply of the complete electro-mechanical equipment for the hydropower plant, including four bulb turbine units (35MW each),… Read more »