New energy master plan for Yangon

Posted on February 06, 2017. Asian News.

Author: Chan Mya Htwe Source: A master plan to allow local and foreign investors to have a stake in the energy and electricity sector is underway for the Yangon Region as power consumption continues to surge in the capital city. Currently, the Union Government is almost fully responsible for the production of electricity while… Read more »

Shift to renewable energy, Caritas official urges Philippines

Posted on February 03, 2017. Asian News.

Author: Veronica Roque Source: The country was once again urged to shift from coal power to renewable energy, this time by a caritas Philippines official. Fr. Edwin Gariguez, the national secretariat for Social Action and executive secretary of Caritas Philippines said in a report that the coal situation in the Philippines poses an alarming situation. “The… Read more »

Binh Thuan approves floating solar power project in Da Mi reservoir

Posted on February 03, 2017. Asian News.

Source: The People’s Committee in the south central province of Binh Thuan has approved a renewable energy development policy to build a floating solar power plant in Da Mi reservoir, according to the Vietnam Government Portal. Investor Da Nhim-Binh Thuan-Da Mi Hydropower Company will survey, study and build the plant in La Ngau commune,… Read more »

Thais target Philippines wind

Posted on February 01, 2017. Asian News.

Source: Thai developer BCPG has agreed to buy a 40% stake in a wind power company from the Philippines. BCPG, a unit of Bangchack Petroleum, said it will acquire the equity interest in PetroWind Energy from CAIF III. PetroWind owns a 36MW wind farm and is developing a 14MW project in Nabas, Western Visayas Island…. Read more »

Alsons Power still keen on bidding for hydro projects in Mindanao

Posted on February 01, 2017. Asian News.

Author: Lenie Lectura Source: THE Alsons Power Group is still very much interested to bid for the hydroelectric power plants along the Agus and Pulangi Rivers in Mindanao. “We are waiting for the TOR [terms of reference]. I would say we are interested in such a big project,” said Tomas Alcantara, chairman of Alsons… Read more »

Former OPEC member Indonesia makes geothermal move

Posted on January 30, 2017. Asian News.

Author: Daniel J. Graeber Source: French energy company ENGIE said it was making a debut in geothermal energy with a commitment to help build a power plant in Indonesia. The French company is part of a consortium tasked with building the Muara Laboh geothermal plant in Indonesia, a former member of the Organization of Petroleum… Read more »

Shell launches solar-powered gas station in Thailand

Posted on January 30, 2017. Asian News.

Author: Daniel Infante Tuaño Source: The rooftop of a newly-built Shell gas station in Chacheongsao province in Thailand gets CIS thin-film solar panels as an alternative energy source for its retail system. The 21.76kW-solar panels were provided by Solar Frontier K.K., a subsidiary of Tokyo-based Showa Shell Sekiyu K.K., and the project was constructed… Read more »

ReneSola secures USD-146m credit line to back downstream arm

Posted on January 25, 2017. Asian News.

Author: Ivan Shumkov Source: China Resources (Holdings) Co Ltd has agreed to provide an annual credit facility of no less than CNY 1 billion (USD 146m/EUR 136m) to ReneSola Ltd (NYSE:SOL). The solar company will use the credit line to support its downstream project development, it said in a statement. “The annual credit facility… Read more »

Council summons winning Asin hydro developer

Posted on January 25, 2017. Asian News.

Source: THE CITY Council recently invited key officials of Kaltimex Energy Philippines to appear before the regular session of the local legislative body on January 30 to shed light on various issues related to the proposed rehabilitation of the city-owned Asin minihydro power plants before confirming the contract. Members of the Special Bids and… Read more »