EEI joins RE bandwagon
MANILA, Philippines — EEI Power Corp., the power subsidiary of Yuchengco-led construction firm EEI Corp., is joining the renewable energy bandwagon by venturing into solar rooftop development.
Carbon neutrality and solar’s role in ASEAN nations
The Paris Agreement has been signed by all ASEAN nations and almost all members have declared a carbon emissions reduction target. The diversity in ASEAN’s readiness for energy transition is reflected in the wide-ranging nationally determined contribution targets set for reducing greenhouse gases. An immediate quick win for the renewable energy transition is the harnessing […]
Vietnam Issues Preferential Tariffs, Rules of Origin Guidelines for UKVFTA
As the UK-Vietnam free trade agreement (UKVFTA) took effect on May 1, Vietnam has been issuing several regulations to implement the free trade agreement. Investors should be aware of the implementing decrees to take advantage and reduce costs if trading goods between the two countries.
PTT’s Power Arm To Invest $635 Million In Renewable Energy Across Asia
Global Power Synergy, the power unit of Thailand’s state-owned oil and gas group PTT, will invest 20 billion baht equivalent to USD 635 million, in renewable energy assets across Asia including India and China.
Japan proposes $10 bil in finance for ASEAN renewables, LNG to aid energy transition
Japan has offered ASEAN energy ministers $10 billion in public finance for renewables and LNG projects, as part of a package of measures aimed at helping the group of 10 Southeastern Asian economies accelerate their moves toward energy transition.
Ongoing discussions on formation of geothermal holding in Indonesia
Heavy discussions are ongoing on the formation of a state-owned geothermal holding company given the complex legal and financial issues. The Indonesian Ministry of State-Owned Enterprises (BUMN) is forming a state-owned geothermal holding company by combining three state owned entities/ subsidiaries of state-owned entities in the geothermal sector, including PT Pertamina Geothermal Energy (PGE), PT […]
Indonesia cuts geothermal target to additional 2,395 MW
The Indonesian government has announced details for PLN’s General Plan for the Provision of Electricity (RUPTL) for the period 2021-2030, substantially cutting the plans for geothermal capacity additions. The government continues to boost the development of new and renewable energy (EBT). In the preparation of PLN’s General Plan for the Provision of Electricity (RUPTL) for […]
Kingdom’s sustainable energy plans may be empowered as oil and gas industries stumble
Cambodia’s plans to develop sustainable energy generation may get a boost from international investors eyeing the region for opportunities. Japan’s Mitsubishi Corp has just announced plans to develop Southeast Asia’s largest wind farm in neighbouring Laos. It is investing in Impact Energy Asia Development Ltd (IEAD), through its Hong Kong subsidiary Diamond Generating Asia Ltd.
