Indonesia committed to green development

Posted on May 22, 2018. Asian News.

Source: https://en.antaranews.com Singapore (ANTARA News) – Indonesia and other ASEAN member-states are ready to strengthen their commitment to green development based on the Sustainable Development Goals (SDGs) and the Paris Agreement. Under the Paris Agreement within the framework of the United Nations Framework Convention on Climate Change (UNFCCC), Indonesia has committed unconditionally to reducing greenhouse… Read more »

El Nido resort turns to crowdinvestors for solar power project

Posted on May 22, 2018. Asian News.

Source: http://business.inquirer.net A luxury eco-resort in El Nido, Palawan, has turned to crowdinvestors in Germany to raise about P30.8 million or 500,000 euros for its planned 175-kilowatt hybrid solar power system. Investors can start at 500 euros (about P31,000) but those who put in at least 10,000 euros ( P616,000) — at least the first… Read more »

Northvolt signs battery MOU with Japan’s Marubeni

Posted on May 21, 2018. Asian News.

Source: http://europe.autonews.com TOKYO — Swedish battery manufacturer Northvolt signed a memorandum of understanding with Japanese trading house Marubeni to collaborate on lithium ion battery production, the Japanese company said in a statement. Northvolt, whose CEO Peter Carlsson used to work for Tesla, plans to build Europe’s biggest battery cell plant in Sweden, with the backing of investors such… Read more »

S Korea to increase incentives for offshore wind

Posted on May 21, 2018. Asian News.

May 18 (Renewables Now) – The South Korean government will raise the incentives for offshore wind farms, news agency Yonhap reports. The Ministry of Trade, Industry and Energy will adjust its renewables incentive rates based on the projects’ environmental impact and how much they can help South Korea meet its clean energy targets for 2030…. Read more »

Envision and Hitachi Zosen enter Vietnamese renewable energy sector

Posted on May 18, 2018. Asian News.

Source: http://english.vietnamnet.vn The renewable energy sector and environmental projects continue to attract foreign capital investment, with many projects substantial in size and affirmed for implementation. Speaking with VIR, Ta An Quang, director of Envision Corporation’s projects in Vietnam, indicated that the company is planning to put $660 million into a wind power project in Vietnam. According… Read more »

Project sponsors double down on renewables in Asia

Posted on May 18, 2018. Asian News.

Source: https://esg.theasset.com With infrastructure at the heart of economic growth in many developing economies, the project finance market continues to see important projects across various countries and sectors. In 2017 there was no shortage of funds for bankable projects, and in many markets domestic liquidity could meet the funding requirements of project sponsors. In the Philippines,… Read more »

AC Energy on track to build capacity to 2,000 megawatts

Posted on May 17, 2018. Asian News.

source: http://news.abs-cbn.com MANILA – Ayala Corp’s energy subsidiary said Wednesday it was on track to reach its target to build capacity to 2,000 megawatts by 2020. AC Energy, which operates, wind, solar and coal-fired power plants currently has a capacity of 1,600 MW, said its CEO John Eric Francia. Solar and wind are the “future”… Read more »

Teco to produce generators for MVOW offshore wind turbines

Posted on May 17, 2018. Asian News.

Source: https://www.digitimes.com Teco Electric & Machinery has disclosed it signed an MoU with Denmark-based MHI Vestas Offshore Wind (MVOW) for outsourced production of generators for use in 9.5MW offshore wind turbines produced by the latter. Teco said it plans to finish development of a prototype generator, obtain third-party certification and establish business connection with MVOW’s other… Read more »

LOC Renewables delivers first MWS services to Chinese offshore wind market

Posted on May 16, 2018. Asian News.

Source: https://www.renewableenergymagazine.com International marine and engineering consultancy LOC Renewables is to provide services for the 250 MW second phase of the Pinghai Bay Offshore Wind Farm – the first Chinese project to employ Marine Warranty Services (MWS).   LOC Renewables is to carry out MWS for the project, located near Putian, Fujian province, China, on behalf of Haixia… Read more »

Siemens Gamesa secures new order in Japan for 74.8 MW

Posted on May 16, 2018. Asian News.

Source: http://www.sunwindenergy.com/ Siemens Gamesa reached its first agreement with Tokyu Land Corporation for two projects in Hokkaido, and will supply 22 of its SWT-3.4-108. Both nacelles and hubs will be manufactured in Denmark, while the blades will be produced in China. The turbines will be delivered in 2018-19 and the first batch has arrived at the… Read more »