Vena Energy moves ahead with 550 MW of solar in the Philippines
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Singapore’s Vena Energy and MGen Renewable Energy, the renewables unit of Manila-based Meralco PowerGen Corp., have signed an investment agreement for 550 MW of solar in the Philippines. Construction is due to start later this year.
Meralco resumes bidding of 600MW, 400MW power supply
The Manila Electric Company (Meralco) announced Wednesday that the Competitive Selection Process (CSP) for its 600 megawatts and 400 MW power supply will resume.
$92mn waste-to-energy plant project lags behind schedule in southern Vietnam
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A waste-to-energy plant project, worth almost VND2.3 trillion (US$92 million) in investment in Dong Nai Province, southern Vietnam, was approved in 2022 but its feasibility study remains incomplete and the investor has yet to be chosen.
LONGi and ABOITIZ Sign Order for the Largest Single 600MW Power Plant Project in the Philippines
Recently, LONGi has signed an order for a 600MW Hi-MO 7 ground power plant project with ABOITIZ POWER, which is also the largest single-unit order in the Philippines.
Sluggishness of LNG-to-power projects can undermine Vietnam’s energy security: ministry
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LNG-fired electricity is set to play an essential role in the socio-economic development and national energy security in Vietnam, however, LNG-fired power projects in Vietnam are facing a series of obstacles.
EMA can impose power rationing during an emergency under proposed law
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The Energy Market Authority (EMA) will be able to direct generation companies and consumers to ration power in an emergency to maintain the stability of the power system, under proposed laws introduced in Parliament on Aug 6.
Cooler weather in the Philippines pulled down electricity spot prices in July
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The prices of electricity on the spot market continued to decline in July as the onset of the rainy season dampened demand, the Independent Electricity Market Operator of the Philippines (IEMOP) reported on Friday.
Electricity, renewable energy – a spearhead sector of Petrovietnam
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The Vietnam Oil and Gas Group (Petrovietnam) is striving to raise its total installed power capacity to 8,000-14,000 MW by 2030, which is projected to account for 8-10% of the country’s combined capacity by 2045, under its revised strategy.