N. Sumatra governor calls for cooperation with France in renewable energy

Posted on April 13, 2017. Asian News.

Author: Nurni Sulaiman Source: thejakartapost.com The North Sumatra administration is looking to cooperate with the French government in renewable energy-based electricity projects in the province. North Sumatra Governor Tengku Erry Nuradi expressed his administration’s interest during a meeting with French Ambassador to Indonesia Jean-Charles Berthonnet in Medan on Monday evening. “North Sumatra is in dire… Read more »

SHS Holdings signs MOU to develop solar farm in Vietnam

Posted on April 13, 2017. Asian News.

Source: english.vov.vn SHS Holdings Ltd. has announced that it and its wholly-owned subsidiary, Sinenergy Holdings Pte Ltd, signed a memorandum of understanding with the Ninh Thuan People’s Committee to develop a 300MW solar farm. The proposed farm would be constructed by Singaporean based SHS Holdings on agricultural land in Ninh Thuan Province, Vietnam. This proposed… Read more »

VN wants investment from Hungary

Posted on April 12, 2017. Asian News.

Source: vietnamnews.vn Việt Nam would like to see increased investment from Hungary into the country in several fields the European nation is strong in, Việt Nam’s top legislator told her counterpart during talks in Budapest yesterday. Chairwoman of the National Assembly of Việt Nam Nguyễn Thị Kim Ngân suggested to Speaker of the National Assembly… Read more »

Government to invest W760B in energy R&D

Posted on April 12, 2017. Asian News.

Author: Kim Young-Nam, Choi Hyung-Jo Source: koreajoongangdaily.joins.com The Korean government will spend 760 billion won ($660 million) this year on research and development in growing energy sectors including renewable energy and smart grids, the Ministry of Trade, Industry and Energy said Tuesday. The budget represents a 36 percent increase from last year. “The government will… Read more »

AboitizPower named Best Managed Power Company in Asia

Posted on April 11, 2017. Asian News.

Author: Alexander Richter Source: thinkgeoenergy.com Aboitiz Power, one of the leading geothermal operators in the Philippines has been named the Best Managed Power Company in Asia in the recent Finance Asia’s Annual Best companies Asia Poll. AboitizPower has been recently named the Best Managed Power Company in Asia in Finance Asia’s 17th Annual Best Companies… Read more »

Trans-Asia Petroleum looking at geothermal energy projects

Posted on April 11, 2017. Asian News.

Author: Victor V. Saulon Source: bworldonline.com TRANS-ASIA Petroleum Corp. is changing its name to Phinma Petroleum and Geothermal, Inc. to reflect the change in its primary purpose, which will include prospective projects in geothermal energy, its president said. “We will look at geothermal that’s why there is a change in name and change in primary… Read more »

Project bond of the year – AP Renewables

Posted on April 10, 2017. Asian News.

Source: environmental-finance.com AP Renewables’ PHP10.7 billion ($225 million) green bond to finance a geothermal project was significant for being the first from the Philippines, and in its use of credit enhancements from the Asian Development Bank (ADB). AP Renewables, a subsidiary of Manila-based energy company Aboitiz Power, issued the bond to refinance a 676.9MW geothermal… Read more »

$778mn invested in green energy projects in Vietnam

Posted on April 10, 2017. Asian News.

Source: english.vietnamnet.vn Of the 110 foreign direct investment (FDI) projects Vietnam has attracted in the field of electricity and gas production, 16 are in green energy, with total registered capital of $778 million, accounting for 14.5 per cent of project numbers and 6 per cent of total registered capital, according to the Foreign Investment Agency… Read more »

Thailand-based EGCO takes 20% stake in Chevron geothermal assets in Indonesia

Posted on April 07, 2017. Asian News.

Author: Alexander Richter Source: thinkgeoenergy.com As reported in Thailand, listed Thai Electricity Generating Plc. (EGCO) has completed the acquisition of a 20.07% share in the two geothermal assets sold by Chevron in Indonesia. The deals were done through the company’s subsidiaries, Start Energy Group Holdings and AC Energy Holdings, which acquired this stake in the… Read more »

Tata Solar plans 100 MW PV project in Vietnam

Posted on April 07, 2017. Asian News.

Author: Emiliano Bellini Source: pv-magazine.com Indian module manufacturer and project developer Tata Solar is planning the construction of a 100 MW solar park in Binh Phuoc, southern Vietnam. According to a press release from the regional government, several local agencies are now working closely with the company to examine the 200 hectares of land selected… Read more »