Wells Fargo expands renewable energy purchases in Philippine
WELLS Fargo International Solutions LLC – Philippines (Wells Fargo Philippines) recently announced it has entered into a retail electricity purchase agreement with Aboitiz Power Corporation through its subsidiary, AP Renewables, Incorporated (APRI), for the fulfillment of its renewable energy needs.
TNB to acquire FiT wind assets in UK, explore renewable energy expansion in Singapore, Vietnam
KUALA LUMPUR, March 3 — Tenaga Nasional Bhd (TNB) is in discussions to acquire feed-in tariff (FiT) wind assets in the United Kingdom through its International Asset Group (IAG), said MIDF Research.
Invest Energy to pump RM2.2bil in renewable energy
KUALA LUMPUR: Invest Energy Sdn Bhd, a company in the renewal and clean energy sector, plans to invest RM2.2 billion over the next five to seven years in increasing its presence and investments in Malaysia and the Southeast Asian (SEA) region.
Indonesia’s Omnibus Law: The Positive Investment List and the Liberalization of Business Sectors
In the first of ASEAN Briefing’s Indonesia’s Omnibus Law series, we analyze Presidential Regulation 10 of 2021 (PR 10/2021) on business fields open to investment — also dubbed as the positive investment list. The regulation comes into effect on March 4, 2021.
Citicore Power earmarks P4-B for solar, hydro projects
RENEWABLE energy firm Citicore Power, Inc. has allocated P4 billion in capital expenditures (capex) for solar and hydro projects, as the firm plans to list a power portfolio in the local bourse this year, the firm’s top official said.
Thailand’s PTT targets $28bn investment for 2021-25
Thailand’s state-controlled oil firm PTT is planning investment of 850.6bn baht ($28.3bn) across all its operations over the next five years, as it focuses on developing the country’s LNG and natural gas industry while seeking future energy opportunities.
Malaysia launches tender for its second waste-to-energy PPP project
Malaysia’s Housing and Local Government Ministry (KPKT) has launched a tender for a waste-to-energy (WTE) project in Sungai Udang, Malacca under a public-private partnership (PPP) model.
Government greenlights $2-bln thermal power plant
The government has given Vietnam Electricity approval to construct the 1,200 MW Quang Trach II Thermal Power Plant in Quang Binh, according to the central province’s website.
