Vietnam conglomerate plans US$1b solar parks project

Posted on June 09, 2017. Asian News.

Source: Vietnam’s TTC Group, a sugar, energy, real estate and tourism conglomerate, is planning to spend as much as US$1 billion on an ambitious plan to build one of the country’s largest portfolio of solar projects in an effort to capitalize on the nation’s growing power needs. “Solar energy is very hot right now… Read more »

IBC SOLAR completes two additional projects in Japan

Posted on June 08, 2017. Asian News.

Source: IBC SOLAR Energy, the International Project Development division of IBC SOLAR AG has announced the grid connection of two solar projects in Japan. The solar parks with a capacity of 3.5 MW were installed in the prefectures of Saitama and Ibaraki. The ground mounted solar plants, 1.75 MW each, wrere also developed by… Read more »

Goldman Sachs group to build biomass power plants in Japan

Posted on June 07, 2017. Asian News.

Source: A Japanese solar power company established by Goldman Sachs Group will expand into the biomass power generation business as profit margins decline at its main operations. Japan Renewable Energy plans to build biomass power plants at 10 or more locations by 2020 by investing roughly 40 billion yen ($365 million). The total power… Read more »

Statoil eyes Japan, U.S. for floating wind expansion

Posted on June 07, 2017. Asian News.

Source: Norwegian oil company Statoil is targeting Japanand the U.S. states of California and Hawaii to expand its floating offshore wind turbine business, the head of its New Energy Solutions business told Reuters. Statoil will later this year open the world’s first floating wind turbine park off the coast of Scotland, a technology that allows wind energy to be harnessed further out at sea where… Read more »

ADB: Asia-Pacific growth tied to renewables

Posted on June 06, 2017. Asian News.

Author: John Culbertson Source: The largest regional investor in renewable energy, the Asian Development Bank said Monday it was pegging clean energy to development in Pacific economies. In an annual regional update, the ADB said it was working to promote renewable energy strategies in the Pacific region by helping to drive the low-carbon economy forward…. Read more »

Vietnamese 800 Megawatt Phu Cuong Wind Farm Gets Official Go-Ahead

Posted on June 06, 2017. Asian News.

Author: Joshua S Hill Source: Seven months after it was first proposed the massive 800 megawatt Vietnamese Phu Cuong Wind Farm has been officially formalized under a $2 billion Joint Development Agreement between GE Renewable Energy, Mainstream Renewable Power, and local Vietnamese partner, the Phu Cuong Group. GE Renewable Energy announced on the last… Read more »

Macquarie buys RES Japan

Posted on June 05, 2017. Asian News.

Author: David Weston Source: Macquarie’s new Japanese subsidiary will be renamed Acacia Renewables and will develop the current firm’s portfolio of onshore wind. RES Group will continue to offer advisory and technical services to Acacia. “Macquarie is one of the world’s largest investors in infrastructure and renewable energy, and we are confident that with… Read more »

Equis, Bouygues Energies & Services build 13.7MW solar project in Japan

Posted on June 05, 2017. Asian News.

Author: Danielle Ola Source: Singapore’s Equis Energy is teaming up with EPC Bouygues Energies & Services and Toho Electrical to build a 13.7MW solar project in the Aomori Prefecture in Japan. Construction for the Noheji-based project began in April this year, with commissioning scheduled for November. It is comprised of 44,000 PV modules from Hanwha… Read more »

Geothermal power project could boost local economy on island in Philippines

Posted on June 02, 2017. Asian News.

Author: Parker O’Halloran Source: The Provincial Government in Biliran, Philippines is in the process of attracting more investments to the area with the completion of a geothermal and solar power projects. The governor of Biliran, Gerardo Espina Jr., said that despite Biliran’s small size, there are investors are interested in putting their money here…. Read more »