What’s New in Myanmar’s Project Bank
YANGON—The Myanmar government has added to the country’s “project bank” of officially endorsed infrastructure plans nearly six dozen new major investment projects worth billions of dollars, including the construction of research and laboratory facilities, expressways and bridges, power supply projects and inland ports across the country.
Vietnam’s Solar Industry: Bright Prospects for Investors
In June 2020, Sharp Energy Solutions Corporation (SESJ) completed a mega solar power plant in Ninh Thuan province, which is expected to generate 76,373 megawatt hour (MWh) per year. The plant is the newest addition to SESJ’s five other existing solar power plants in Vietnam.
Contracts awarded to support projects in Vietnam’s emerging offshore wind sector
The Global Wind Energy Council believes offshore wind is “primed to become an optimal source of power for Vietnam’s energy system,” due to its many advantages such as high scalability, predictability, flexibility and low environmental impact. The first offshore windfarm in the Mekong Delta region, the 99-MW Bac Lieu wind power project, came online in 2013. […]
Singapore’s Equis raises 100b won to build waste-to-energy facilities in South Korea
SINGAPORE-BASED renewable energy and waste infrastructure developer Equis Development has completed a 100 billion South Korean won (S$115.3 million) equity capital raise with Hana Financial Investment, to construct a portfolio of four waste-to-energy facilities in South Korea. The facilities will repurpose and process over 470,000 tonnes of waste per annum, making them one of the largest waste-to-energy platforms in South Korea, Equis Development […]
BCPG acquiring 4 solar plants
BCPG, a renewable energy business arm of Bangchak Corporation, has announced a takeover deal for four solar power plants in Thailand with a total production capacity of 20 megawatts to further expand its green energy empire.
Business risk and COVID-19 are pushing Asian financiers away from coal
The use of coal as an energy source is steadily declining in the U.S. and Europe, but coal mining and the construction of coal-fired power plants continues across South and Southeast Asia. The technology and funding comes primarily from three countries — South Korea, Japan, and China — and is destined to nations including Indonesia, Vietnam, […]
PT Adaro Energy Tbk : Indonesia eyes Vietnam as it seeks to diversify thermal coal exports
Indonesia, the world’s top exporter of thermal coal, is stepping up efforts to diversify sales of the fuel as shipments to top buyer India slump and with exports to China poised to slow. Indonesia is using diplomatic channels to promote sales around the region, from Vietnam to Pakistan and Bangladesh, a government spokesman said, as […]
Ayala unit concedes in takeover war, takes 19,9% stake in Australia’s Infigen
UAC Energy Holdings, a company controlled by Philippine conglomerate Ayala Corp, has settled for a 19,9 per cent stake in Australian renewables firm Infigen Energy, conceding the bidding war to rival Iberdrola of Spain. In a disclosure to the Phillippine Stock Exchange, UAC Energy said its investment phase in Infigen was brought to a close […]
