Renewable energy is key to economic growth in emerging Asia market

Posted on February 08, 2017. Asian News.

Author: Chuck Epstein Source: ai-cio.com Emerging Asia expected to grow 6.2%. Despite the market turmoil surrounding Brexit, the attraction of growth prospects of Emerging Asia (Southeast Asia, China and India) should continue to expand, spurred on by an emphasis on renewable energy projects. A new report, Economic Outlook for Southeast Asia, China and India, by the… Read more »

INAGA – New regulation on incentives could hurt geothermal investment in Indonesia

Posted on February 08, 2017. Asian News.

Author: Alexander Richter Source: thinkgeoenergy.com New regulation introduced in Indonesia on incentives for development of new and renewable energy sources is receiving some pointed opposition by the Indonesian Geothermal Association (INAGA) describing it as possible harmful for attracting investment for geothermal development. A new regulation introduced in Indonesia on incentives for development of new and… Read more »

Manila Water Company, Inc. has completed testing the Philippines’ first septage biogas waste heat-to-energy (WTE) project

Posted on February 07, 2017. Asian News.

Author: Krista Angela M. Montealegre Source: districtenergy.org Krista Angela M. Montealegre reports in BusinessWorld that Manila Water Company, Inc., a subsidiary of Ayala Corporation, the country’s oldest and largest conglomerate,said in a statement on Feb. 3 that a waste-to-energy project located at the South Seepage Treatment Plant (SpTP) at the Food Terminal Complex in Taguig City is… Read more »

Council confirms Asin hydro rehabilitation agreement

Posted on February 07, 2017. Asian News.

Source: sunstar.com.ph THE CITY Council confirmed the memorandum of agreement entered into between by the local government and the Kaltimex Energy Philippines for the privatization of the city-owned Asin hydropower plants amidst the request of the company for a detailed presentation of the actual condition of the power plants two years from the signing of… Read more »

TAREC puts expansion of wind farm on hold

Posted on February 06, 2017. Asian News.

Author: Victor V. Saulon Source: bworldonline.com TRANS-ASIA Renewable Energy Corp. (TAREC) is banking on the passage of rules on renewable portfolio standards (RPS) to start the expansion of its wind farm project on Guimaras Island by 40 megawatts. “As of now the expansion is on hold,” said Francisco L. Viray, president and chief executive officer… Read more »

New energy master plan for Yangon

Posted on February 06, 2017. Asian News.

Author: Chan Mya Htwe Source: mmtimes.com A master plan to allow local and foreign investors to have a stake in the energy and electricity sector is underway for the Yangon Region as power consumption continues to surge in the capital city. Currently, the Union Government is almost fully responsible for the production of electricity while… Read more »

Shift to renewable energy, Caritas official urges Philippines

Posted on February 03, 2017. Asian News.

Author: Veronica Roque Source: powerphilippines.com The country was once again urged to shift from coal power to renewable energy, this time by a caritas Philippines official. Fr. Edwin Gariguez, the national secretariat for Social Action and executive secretary of Caritas Philippines said in a report that the coal situation in the Philippines poses an alarming situation. “The… Read more »

Binh Thuan approves floating solar power project in Da Mi reservoir

Posted on February 03, 2017. Asian News.

Source: saigon-gpdaily.com.vn The People’s Committee in the south central province of Binh Thuan has approved a renewable energy development policy to build a floating solar power plant in Da Mi reservoir, according to the Vietnam Government Portal. Investor Da Nhim-Binh Thuan-Da Mi Hydropower Company will survey, study and build the plant in La Ngau commune,… Read more »

Thais target Philippines wind

Posted on February 01, 2017. Asian News.

Source: renews.biz Thai developer BCPG has agreed to buy a 40% stake in a wind power company from the Philippines. BCPG, a unit of Bangchack Petroleum, said it will acquire the equity interest in PetroWind Energy from CAIF III. PetroWind owns a 36MW wind farm and is developing a 14MW project in Nabas, Western Visayas Island…. Read more »

Alsons Power still keen on bidding for hydro projects in Mindanao

Posted on February 01, 2017. Asian News.

Author: Lenie Lectura Source: businessmirror.com.ph THE Alsons Power Group is still very much interested to bid for the hydroelectric power plants along the Agus and Pulangi Rivers in Mindanao. “We are waiting for the TOR [terms of reference]. I would say we are interested in such a big project,” said Tomas Alcantara, chairman of Alsons… Read more »