Excise eyes levy rejig to promote EVs
The Excise Department is studying a restructuring of the entire vehicle excise tax, as it wants to gear measures to facilitate the use of electric vehicles (EVs) and reduce fossil fuel use in Thailand.
Myanmar-based solar-powered products provider bags $2m in series A2 round
SolarHome, a “pay as you go” solar-powered products provider for households, announced that it has closed US$2 million in a series A2 financing round led by investment firm Trirec and Insitor Impact Asia Fund.
Thai protests slow transition to renewables
Excess power capacity and complicated market governance are contributing to providers’ unwillingness to further invest in solar and wind
Myanmar receives loans to boost electricity access in poorer states
Vietnam to purchase more power from Laos
National utility Vietnam Electricity (EVN) has signed three memoranda to purchase power from Laotian companies amid expected energy shortages.
Proposed Feed-in-Tariff reduction could “seriously damage” growth of wind power in Vietnam
New proposed Feed-in-Tariff (FIT) extension by Vietnamese government would reduce tariffs for onshore and intertidal wind power by 17.4 per cent and 13.6 per cent respectively, one of the most dramatic reductions seen for wind power globally.
Vietnam: New Wind Power FIT Proposed, GWEC Warns of Negative Effects
Vietnamese Ministry of Industry and Trade has proposed new Feed-in Tariff (FIT) rates as part of the country’s plan for an extension of the FIT scheme for wind energy projects entering operation from November 2021 to December 2023.
Thai company buys Vietnam solar farm
Thai energy firm Gunkul Engineering Plc has acquired the 50-megawatt Phong Dien II solar power plant in the central Thua Thien Hue Province for $39.9 million.
