Vietnam, RoK partner in power, renewable energy development

Posted on February 05, 2018. Asian News.

Source: en.dangcongsan.vn Vietnam and the Republic of Korea (RoK) hold potential of long-term cooperation in energy industry, renewable energy and smart grid, said Korean Minister of Trade, Industry and Energy Paik Un-gyu. He made the statement during the Vietnam – RoK Electricity and Renewable Energy Forum co-organised by the Korea Trade-Investment Promotion Agency and the… Read more »

Solar Philippines bids $0.058/kWh in Meralco price challenge

Posted on February 05, 2018. Asian News.

Author: Brian Publicover Source: pv-magazine.com The Manila-based PV module manufacturer and project developer submitted the offer after Meralco asked power suppliers to challenge First NatGas Power’s unsolicited proposal to supply it with 414 MW of generating capacity from a gas power plant it operates on the island of Luzon in San Gabriel, La Union province…. Read more »

Partners Group sells stake in 610-MW Japanese solar platform

Posted on February 02, 2018. Asian News.

Author: Ivan Shumkov Source: renewablesnow.com Swiss investment manager Partners Group AG said on Monday that it has sold to a consortium led by Global Infrastructure Partners (GIP) its stake in Japan Solar LP, owner of a 610-MW solar platform. The value of the transaction was not disclosed, but the seller said it has generated a… Read more »

Bloom Energy to Build Fuel-Cell Power Plant for a Korean Utility

Posted on February 02, 2018. Asian News.

Author: Chris Martin Source: bloomberg.com Bloom Energy Corp., a U.S. maker of electricity-generating fuel cells, was awarded a contract to provide a power unit for a utility in South Korea, the world’s biggest user of the technology. The 8.35-megawatt unit will use a chemical process to convert natural gas into electricity for customers of Korea… Read more »

Taiwan to let foreign banks arrange financing for offshore wind farm projects

Posted on February 01, 2018. Asian News.

Author: Bryan Chuang, Adam Hwang Source: digitimes.com Taiwan plans to let foreign banks arrange syndicated loans for the country’s offshore wind farm projects, according to deputy economics minister Kung Ming-hsin. Taiwan is keen to boost offshore wind power generation but local banks have been reluctant to arrange syndicated loans for such projects due to their… Read more »

Philippine IPP AC Energy kicks off 300MW solar project in Vietnam

Posted on February 01, 2018. Asian News.

Source: asian-power.com Its first phase will cost $35.02m. Ayala-owned AC Energy unveiled that it has broken ground for a 30MW solar power JV in Vietnam. The project, in partnership with local firm BIM Group, is the initial phase of a much larger solar PV development that’s over 300MW in capacity. The first phase is being… Read more »

Japan’s $1.8B solar project attract 5 new investors

Posted on January 31, 2018. Asian News.

Source: kallanishenergy.com Japan’s Kyocera Corp. and its partners announced last week five new companies, including Thailand’s SPCG Public Co., have joined a $1.8 billion solar power project in Nagasaki, Japan, Kallanish Energy learns. The new participants are SPCG Public Company Ltd., Tokyo Century Corp., Furukawa Electric Co., Tsuboi Corp., and The Eighteenth Bank. Former partners also include Kyudenko… Read more »

First manufacturing equipment arrives at First Solar’s Vietnam plant

Posted on January 31, 2018. Asian News.

Author: Mark Osborne Source: pv-tech.org Leading CdTe thin-film manufacturer First Solar has reported that its first wave of next-generation Series 6 module manufacturing equipment have arrived at its first facility (Fab 1) in Vietnam. First Solar had previously decided to fit-out the shuttered facility as part of ramping its large-area Series 6 thin-film modules, while… Read more »

GIP consortium buys Partners Group’s Japan Solar stake

Posted on January 30, 2018. Asian News.

Source: realassets.ipe.com A consortium led by infrastructure fund manager Global Infrastructure Partners (GIP) has acquired Partners Group’s stake in Japan Solar. Partners Group said it sold its stake in the 610MW platform of Japanese solar power assets on behalf of its clients. The Swiss investment manager said the sale generated an equity multiple of 3.2. It… Read more »

Bac Lieu attracts investors for renewable energy

Posted on January 30, 2018. Asian News.

Source: beta.talkvietnam.com These include Phuong Anh Company, which plans to invest VND15.94 trillion in Hoa Binh 1 wind power project, and Dong A – Vatenergy Company, which wants to invest VND13 trillion in Dong Hai 1 wind power project. Japan’s UIVN is keen on investing VND13.7 trillion in Dong Hai 2 wind power project, while Ecotech Vietnam,… Read more »