Ministry pushes for direct power purchase agreements across Vietnam
Effective from July 3, 2024, Decree 80 outlines the framework for direct power purchase agreements, aiming to enhance the collaboration between renewable energy supplier and major electricity users.
Prospect of pricier power bills alarms Federation of Thai Industries
The state plan to increase the cost of electricity later this year may affect foreign direct investment in Thailand, which is now grappling with a sluggish economy, says the Federation of Thai Industries (FTI).
Govt Expands Hydroelectric Power Initiatives To Boost Renewable Energy Use
As of December 2023, hydroelectricity accounts for 15 percent of the total energy mix in Malaysia.
Philippines switches on 64 MW solar project
Prime Solar Solutions Corp. has completed a 64 MW solar project in the eastern Philippines. It is one of two facilities by the company that will supply 128 MW per year combined.
Vietnam sets $0.026/kWh tariff for net-metered solar power
Vietnam plans to introduce a net-metering scheme for rooftop PV. The Ministry of Industry and Trade (MoIT) has proposed a tariff of VND 671 ($0.026)/kWh for surplus solar power.
Levanta Renewables to acquire rooftop solar system in Vietnam
Levanta Renewables, a leading Southeast Asia-focused renewable energy platform backed by Actis, is acquiring a 28.7MWp rooftop solar system from related companies of locally invested Tien Nga JSC.
Indonesia supplies electricity to meet needs in PNG border: Jokowi
Indonesian President Joko Widodo (Jokowi) appointed state-owned electricity company PT PLN to officially supply the electricity network in the Wutung border area, Papua New Guinea (PNG), to support local community activities.
Vietnam renewable energy firms to benefit from direct purchase agreements
Vietnam’s renewable energy developers, especially those with projects located near industrial parks, economic zones and export processing zones, are likely to win big with the newly approved mechanism for direct power purchase agreement (DPPA), say analysts.
