New $800-M hydro plant to be put up in Bukidnon

Posted on March 13, 2017. Asian News.

Author: Danessa Rivera Source: philstar.com A new hydropower plant worth $800 million will developed in Bukidnon to add 250 megawatts (MW) capacity in Mindanao by 2021. The power project will be developed by Pulangui Hydro Power Corp., which signed a memorandum of understanding (MoU) with First Bukidnon Electric Cooperative Inc. (Fibeco) to kick off the… Read more »

Vietnam halts work on massive Chinese solar panel plant

Posted on March 13, 2017. Asian News.

Author: Ngoc Tuyen, Anh Tu Source: e.vnexpress.net Construction reportedly began in Bac Giang Province without a construction permit or an environmental impact review. A Chinese investor halted construction on a solar panel factory in northern Vietnam after the government announced that it began without proper approvals. Authorities in Hanoi suspended the effort after accusing JA… Read more »

Singapore’s first solar-powered ferry terminal to open in 2017

Posted on March 10, 2017. Asian News.

Source: climateactionprogramme.org Singapore Cruise Centre’s (SCC) Tanah Merah Ferry Terminal (TMFT) will become the Asia-Pacific region’s first solar-powered ferry terminal. SCC is partnering with local solar firm Sunseap Group to source all of the terminal’s energy requirements, and is expected to be up and running from June 2017. Under the agreement, SCC will buy 100 per… Read more »

Taiwan targets 20% of electricity from renewables by 2025: president

Posted on March 10, 2017. Asian News.

Authors: Sophia Yeh and Y.F. Low Source: focustaiwan.tw President Tsai Ing-wen (蔡英文) said on Thursday the government aims to increase the amount of electricity generated from renewable sources nationwide to 20 percent of total supply by 2025. In 2016, electricity produced from renewables accounted for a record 4.8 percent, but the figure is still too… Read more »

PDI expects strong performance this year

Posted on March 09, 2017. Asian News.

Source: nationmultimedia.com PADAENG Industry (PDI) expects its 2017 performance will improve significantly from 2016 on the back of rising global zinc prices and higher revenue from its solar-farm projects. The company is ready to invest more than Bt2.3 billion in new businesses, managing director Francis Vanbellen told a news conference yesterday. He said PDI also… Read more »

Vietnam focuses on saving, effective energy use

Posted on March 09, 2017. Asian News.

Source: vietnamdance.com Vietnam has invested in tapping alternative energy sources and developing nuclear electricity to reduce the nation’s dependence on fossil fuels to ensure energy security and sustainable development, a top official has confirmed. Deputy Minister of Industry and Trade Cao Quoc Hung highlighted the policy at a Vietnam-Norway workshop on hydro-power and electricity market reform in… Read more »

New PPA legislation in Indonesia raises concerns for geothermal developers

Posted on March 08, 2017. Asian News.

Author: Fernando Peñarroyo Source: thinkgeoenergy.com Indonesia’s Ministry of Energy and Mineral Resources (MEMR) issued three power-related regulations that introduced changes to the power and upstream oil and gas sectors last January 2017. Regulation No. 10 introduces the terms and conditions of Power Purchase Agreements (PPAs); Regulation No. 11 tackles Gas and LNG pricing for Power… Read more »

Offshore Wind Farms in Japan

Posted on March 08, 2017. Asian News.

Authors: Sean Conaty, Joseph Kim, Ryan Russell, Hogan Lovells Source: jdsupra.com With the world’s 6th largest sea space, Japan’s long-term potential for offshore wind energy is estimated by the Japan Wind Power Association to be approximately 600GW.  Actual investment in offshore wind projects, however, has been extremely limited.  In spite of this potential, Japan boasts only… Read more »

Funding Troubles Dampen Renewables Development in Asia

Posted on March 07, 2017. Asian News.

Author: Andrew Affleck Source: brinknews.com There’s been a buzz around renewable energy projects in Asia for the last five years. Indeed, the region has taken large strides in developing these sources of energy, making them feasible and sustainable over the long term. However, while supply-side costs—including those of technology, equipment and construction—have been declining for… Read more »

KACO New Energy to ship 300 MW of inverters to South Korea

Posted on March 07, 2017. Asian News.

Author: Ian Clover Source: pv-magazine.com Kaco New Energy, a German-headquartered manufacturer of solar inverters, has signed a framework agreement this week for the delivery of 300 MW of string inverters to South Korea. The agreement with South Korean distributor and EPC DNE Solar is for Kaco’s Blueplanet 20.0 and 50.0 TL3 INT string inverters, which… Read more »