Biomass plants being studied for FiT scheme

Posted on July 25, 2017. Asian News.

Author: Victor V. Saulon Source: THE National Renewable Energy Board (NREB) is looking at a proposal to endorse biomass plants to receive a guaranteed rate for the electricity they produce in areas where they are unable to undergo testing or commissioning and be cleared for the feed-in-tariff (FiT). “Let’s work on a period when… Read more »

Basic Energy ties up with Solmax Power

Posted on July 24, 2017. Asian News.

Source: LISTED Basic Energy Corp. said it has tied up with Solmax Power Limited of Hong Kong for the former’s intended expansion into solar projects in Japan. In a regulatory filing on Friday, the firm said it has signed the investment term sheet and remitted a refundable deposit of ¥50 million to Solmax. The… Read more »

Siemens JV wins big Indonesia power plant order

Posted on July 24, 2017. Asian News.

Source: German engineering company Siemens said its joint venture with Spain’s Gamesa has won an order to supply  20 gearless SWT-3.6-130 wind turbines for an onshore wind power plant projet in Indonesia. The ‘Tolo 1’ onshore wind project is being developed by Equis Energy, the largest renewable energy IPP (independent power producer) in the… Read more »

SPIC to add 5 GW of Chinese renewable energy capacity in 2017

Posted on July 21, 2017. Asian News.

Author: Robin Whitlock Source: SPIC is planning to increase its renewable energy installation capacity this year by 5 GW, effectively doubling its profits. The company has moved away from coal, shutting down ten ‘zombie enterprises’ and revamped nine other loss-making enterprises, thus ensuring that its asset-liability ratio by the end of the year will… Read more »

Leviste power firm to start solar panels export by 2018

Posted on July 21, 2017. Asian News.

Author: Lenie Lectura Source: SOLAR Philippines Power Project Holdings Inc. will begin exporting solar panels worth over P10 billion next year. At the sidelines of IBC Asia’s Power and Electricity Week, Solar Philippines President Leandro Leviste said he is confident that the Philippines will soon become one of the world’s leading exporters of solar… Read more »

ADB invests US$57.7 million in B. Grimm for renewables in Southeast Asia

Posted on July 20, 2017. Asian News.

Author: Tom Kenning Source: The Asian Development Bank (ADB) has invested THB1,968 million (US$57.7 million) in Thai power firm B. Grimm Power Public Company to develop renewable energy projects in Southeast Asia. The investment came as part of B. Grimm’s IPO. The power company has traditionally had a focus on gas-fired power plants but… Read more »

AC Energy eyes Vietnam project

Posted on July 20, 2017. Asian News.

Author: Lenie Lectura Source: AC Energy Holdings Inc., the power arm of conglomerate Ayala Corp., is actively pursuing potential investments in renewable energy (RE) projects in  Vietnam. AC Energy President and CEO John Eric Francia said on the sidelines of the Philippines Power and Electricity Week forum he is scheduled to visit Vietnam this… Read more »

Powering ahead on solving Southeast Asia’s energy challenges

Posted on July 19, 2017. Asian News.

Author: Jianyue Xue Source: Southeast Asia wants to shift to a clean energy system, but high energy demand and cost pressures could slow progress. The upcoming Asia Power Week brings together industry and policy leaders to discuss solutions to these issues. Despite ambitious green energy targets set by several Southeast Asian nations last year, the region’s fight against… Read more »

Tata Power proposes renewable energy plant in Phu Yen

Posted on July 19, 2017. Asian News.

Source: Tata Power Ltd from India proposed to implement a renewable energy project in the central province of Phu Yen, during a meeting with provincial leaders last week. This was reported on the province’s website, At the meeting, Tran Huu The, vice-chairman of the provincial People’s Committee, spoke highly of Tata Power’s desire… Read more »

Masdar interested in Indonesia’s renewable energy market

Posted on July 18, 2017. Asian News.

Source: Masdar has announced that it will work with an Indonesian power company to explore renewable energy opportunities in the largest country in South-east Asia. The Abu Dhabi clean energy company signed a memorandum of understanding with Indonesia’s power company, PT Pembangkitan Jawa-Bali (PT PJB) to identify possibilities in Java-Bali and Sumatra regions to help meet… Read more »