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 »

First Solar Secures Syndicated Financing Arranged by Mizuho Bank for Utility-Scale Solar Project in Ishikawa, Japan

Posted on February 22, 2017. Asian News.

Source: First Solar, Inc. (Nasdaq: FSLR) announced today that it has obtained non-recourse project debt financing of approximately 27 billion yen (US$240 million) in a syndicated loan arranged by Mizuho Bank Ltd. for a utility-scale solar project in Ishikawa prefecture, Japan. This financing arrangement demonstrates First Solar’s technology, project development, operations and maintenance, and… Read more »

Kyuden Mirai-led group to build USD-1.55bn wind farm off Japan

Posted on February 21, 2017. Asian News.

Author: Ivan Shumkov Source: A consortium led by renewable energy producer Kyuden Mirai Energy Co Inc has won the right to develop a JPY-175-billion (USD 1.55bn/EUR 1.46bn) wind project off the coast of Japan. The particular wind project will comprise up to 44 turbines installed off the Port of Hibikinada in Fukuoka prefecture. Kyuden… Read more »

Vietnam’s wind power target blown off course by low profitability

Posted on February 21, 2017. Asian News.

Author: Vien Thong Source: Cheap electricity prices have literally taken the wind out of the sails of potential investors. High installation costs and relatively low power prices are making investors think twice about diving into Vietnam’s wind energy market. The country has set a target of producing around 6,000 MW of wind power by… Read more »

Singapore to impose carbon pricing in move to cut greenhouse emissions

Posted on February 20, 2017. Asian News.

Source: Singapore is set to impose a carbon price as it looks to cut greenhouse emissions to meet its commitments under the Paris Agreement, The Business Times has learnt. The Government is now determining the timeline and what form of carbon pricing to take in the city-state, according to the National Climate Change Secretariat… Read more »

Asian group eyes green productivity

Posted on February 20, 2017. Asian News.

Author:  Jaime Pilapil Source: The Asian Productivity Organization (APO) is pursuing a strategic direction to address sustainability issues and broaden the concept of green productivity (GP) that had already taken root in member countries. Secretary-General Dr. Santhi Kanoktanaporn, addressing the 15th Annual Meeting of the APO Green Productivity Advisory Committee (GPAC) here last February… Read more »

DSM buys assets of Chinese PV backsheets maker

Posted on February 17, 2017. Asian News.

Author: Ivan Shumkov Source: Dutch science-based company Royal DSM (AMS:DSM) has bought the technology and other assets of Chinese solar photovoltaic (PV) backsheets maker Suzhou SunShine New Materials Technology Co Ltd. Sunshine uses a co-extrusion technology to manufacture polymer backsheets that increase PV modules’ durability and output. This technology eliminates the risk of interlayer… Read more »

Time to use solar power for farming

Posted on February 17, 2017. Asian News.

Author: Kang Nam-hoon Source: Jühnde is a farming village near Gottinggen, Germany. The small village of about 170 households has a self-sufficient energy system with renewable energy instead of using fossil fuel. The surplus energy after village’s consumption is sold to other areas for additional income. In Europe, farmers and coops voluntarily participate in… Read more »

Geothermal Power Plant is a First for Korea

Posted on February 16, 2017. Asian News.

Author: Joseph Shin Source: Electricity generated from geothermal energy will soon be distributed to South Korean households for the first time in history. The electricity will come from Pohang, a city on the southeast coast of the Korean Peninsula, which has been making use of geothermal energy some four kilometers below the surface of… Read more »