Comtec Solar to do blockchain research in Singapore via JV

Posted on January 29, 2018. Asian News.

Author: Tsvetomira Tsanova Source: Chinese firm Comtec Solar Systems Group (HKG:0712) today said that a newly established company in Singapore, in which it will indirectly hold 70%, will do research and development in the field of blockchain technology. The aim is to use blockchain technologies, and related infrastructure, in the distribution of power generated… Read more »

Redflow reaches new milestone with Thai factory battery production

Posted on January 29, 2018. Asian News.

Author: Peter Dinham Source: Australian battery company Redflow has successfully produced the first battery electrode stacks from its new factory in Thailand to achieve its second manufacturing milestone at the factory. Redflow last year decided to relocate its battery manufacturing from North America to Thailand and to be closer to its most lucrative markets,… Read more »

UPC Renewables eyes two million-dollar wind power farms in Vietnam

Posted on January 25, 2018. Asian News.

Author: Nga Vu Source: The People’s Committee of Quang Binh province has worked with UPC Renewables Asia I Limited, a subsidiary of UPC Renewables Group (UPC) on the development of two power projects. Representatives of UPC said that Quang Binh has favorable conditions for investors to invest in wind power projects thanks to the… Read more »

AC Energy, BIM Group to build 300 MW solar power in Vietnam

Posted on January 25, 2018. Asian News.

Source: The energy arm of conglomerate Ayala Corp., has partnered with the BIM Group to jointly develop over 300 megawatts of solar power projects in Ninh Thuan province in Vietnam with the initial investment seen to reach P1.8 billion. “AC Energy is very keen to participate in the fast-growing Vietnam power sector, with pioneering… Read more »

Conergy enters Vietnam market with 30 MW solar project

Posted on January 24, 2018. Asian News.

Author: Ian Clover Source: The German-headquartered EPC has been selected by project owners, BIM Group and AC Energy to begin construction of the solar plant in April in the Ninh Thuan province of the country. Conergy, a global developer of renewable energy projects that is headquartered in Germany, has today confirmed it is to… Read more »

Taiwan steps up green energy development

Posted on January 23, 2018. Asian News.

Author: Bryan Chuang, Adam Hwang Source: The Taiwan government is implementing a Green Energy Industries and Technological Innovation plan to boost renewable energy development. The plan focuses on developing green energy and its related industries and technologies, said the Bureau of Energy. As of the end of 2017, ground-mounted and floating (on surface of… Read more »

Thailand’s B.Grimm Power to invest $314 mln this year to expand capacity

Posted on January 23, 2018. Asian News.

Author: Wirat Buranakanokthanasan Source: Thailand’s B.Grimm Power Pcl plans to invest 10 billion baht ($314.17 million) this year as part of a plan to raise its power generation capacity to 5,000 megawatts by 2022, President Preeyanart Soontornwata said on Monday. Most of the investments will be in solar farms, and the company is negotiating… Read more »

Ayala scales up RE bid with new holding firm

Posted on January 22, 2018. Asian News.

Author: Ronnel W. Domingo Source: The Ayala group yesterday announced it was restructuring its energy business with the creation of a holding company named AC Renewables Inc. In a statement, Ayala Corp. said the restructuring would also result in the renaming to ACE Thermal Inc. of their holding firm related to conventional power projects…. Read more »

US infra fund manager GIP completes $5b deal to acquire SG-based Equis Energy

Posted on January 22, 2018. Asian News.

Author: Tanu Pandey Source: US-headquartered infrastructure fund manager Global Infrastructure Partners (GIP) along with co-investors has closed the $5 billion acquisition of Asia Pacific’s largest renewable energy producer Equis Energy from the parent infrastructure fund manager Equis. A deal that was announced in October last year included assumed liabilities by GIP worth $1.3 billion… Read more »