Malaysia’s commodities minister says crude palm oil price weakness is temporary
The weakness in crude palm oil prices is temporary as demand from top consumer China is expected to pick up after it relaxes its COVID-19 restrictions, Malaysia’s Commodities Minister Zuraida Kamaruddin said on Monday.
ERC preps rules for clean energy providers
The Energy Regulatory Commission (ERC) is preparing to select companies qualified to sell “clean electricity” to the government under its plan to bolster renewable energy supply in Thailand.
Coro Energy commissions 3-MW rooftop solar array in Vietnam
Coro Energy Plc (LON:CORO) announced on Friday that it has completed the commissioning of a 3-MW rooftop solar pilot project in Vietnam.
Philippines raises minimum renewable energy capacity to 2.5% in power mix
The government announced an increase on the minimum amount of renewable energy supplied to investors and end-users from 1 per cent to 2.5 per cent, in a bid to ramp up the country’s goal to reach 35 per cent clean energy by 2030.
Foreigners can own 100% of renewable energy projects – DOJ
The Marcos administration’s aspiration of ramping up the use of more indigenous and renewable energy (RE) in the Philippines got a big boost after the Department of Justice (DOJ) opined that investments in this sector are not subject to the Constitution’s foreign ownership restriction of 40 percent of businesses.
Ben Tre offshore wind project reaches LiDAR installation milestone
According to Mainstream Renewable Power, LiDAR has remote sensing equipment that accurately maps wind conditions and other atmospheric conditions, and is used in offshore wind projects to provide data to determine energy output for an offshore zone.
Sabella signs tidal energy deal in Indonesia
French company Sabella has formed strategic partnership with state-owned Indonesian corporation PT PLN (Persero) and PT Meindo Elang Indah to jointly perform a feasibility study for the first tidal energy farm development in the world’s largest archipelagic state.
Philippines eyes investments on modular nuclear plants from US companies
The Philippines is looking at possible investments from US companies on the setting up of modular nuclear power plants in select areas in the country, Trade and Industry Secretary Alfredo Pascual said Thursday evening.
