Philippines seeks investors to power growth, extra 7,000 MW needed

Posted on March 01, 2017. Asian News.

Source: The Philippines needs to build an additional 7,000 megawatts of power generation capacity over the next five years to support its fast-growing economy and wants foreign investors to help, its energy minister said on Monday. Firms from China, South Korea, Russia and Japan were interested in new Philippine power projects, and the president… Read more »

Panasonic eyes storage boost as Japan’s solar incentives wane

Posted on February 28, 2017. Asian News.

Source: The government’s scaling back of a program encouraging residential solar power has Panasonic Corp. hopeful the market for home energy storage systems is about to receive a boost. In 2019, a program designed to buy back solar power flowing from rooftop panels at above-market rates will start becoming less enticing, potentially leaving homeowners… Read more »

Four new geothermal plants to add 215 MW capacity in Indonesia this year

Posted on February 28, 2017. Asian News.

Author: Alexander Richter Source: With geothermal development picking up speed in Indonesia, the Ministry for Energy and Mineral Resources in the country is now expecting four new geothermal plants to start operation this year. The four new plants will have a combined capacity of 215 MW, and raise Indonesia’s installed geothermal capacity to 1,858… Read more »

Expert urges Vietnam to reform energy sector

Posted on February 27, 2017. Asian News.

Source: The electricity tariffs in Vietnam could be lower if the country develops renewable energies and promotes liberalisation alongside. The prices had been too high due to the strong monopoly in the market, Prof Dr. Andreas Polk from the Department of Business and Economics, Berlin School of Economics and Law, said. Polk told the seminar called to share experiences on… Read more »

BMI Research: Malaysia in world’s top three for renewable energy investment

Posted on February 27, 2017. Asian News.

Source: Malaysia is among the top three global investment destinations for renewable energy, according to BMI Research that cited the country’s outlook and policies in the sector. In its “Asia Renewables RRI: Investment Opportunities” report, BMI Research said Malaysia, Singapore and Australia offered the best risk-to-reward ratios for such investments. “The economic and politically… Read more »

Phoenix Solar pumps renewable energy into IKEA store

Posted on February 24, 2017. Asian News.

Source: Singapore’s Phoenix Solar Pte Ltd has been awarded a contract by IKEA Southeast Asia to design and build a 1 MWp solar system on the roof of IKEA Tampines. The system is expected to generate 1.3 million kilowatt hours per year – enough renewable energy to power the equivalent of 283 four-room HDB flats…. Read more »

Vestas rejigs Asia sales team

Posted on February 23, 2017. Asian News.

Source: Vestas is to split its single Asia Pacific sales business unit into two groups from 1 April. One unit will focus on China and Mongolia with a base in Beijing, while the other will cover all other Asia-Pacific countries, including India, based in Singapore. To head up the new SBUs, two Presidents/Group Senior… Read more »

Vietnam’s plan to develop 800 MW wind power delayed

Posted on February 23, 2017. Asian News.

Source: MOIT in November 2016 announced that the ministry submitted to the government w plan to raise the wind power prices which Electricity of Vietnam (EVN) would buy from electricity generators, and that the plant would be approved by the end of 2016 or early 2017 at the latest. However, in the latest news,… Read more »

EnviTec Biogas signs cooperation agreement for the construction of a biogas plant in Indonesia

Posted on February 22, 2017. Asian News.

Source: Lohne-based EnviTec Biogas AG today announced the signing of a cooperation agreement with PT Herfinta Farm & Plantation (Indonesia) and Calfield SDN BHD (Malaysia) for the construction of a biogas plant in North Sumatra, Indonesia. The plant will contribute a total of 4 MW to the green energy transition in Indonesia. The contract… Read more »