Vietnam’s largest wind power plant goes into operation
Trung Nam, Vietnam’s largest wind farm, officially came into operation in Loi Hai and Bac Phong Communes, Thuan Bac District of South-Central Ninh Thuan Province. This Trungnam group project, combined with a 204 megawatt (MW) solar power plant, forms a unique complex of solar and wind energy farms in the nation and in Southeast Asia. […]
Vietnam eyes $128bn investment in gas and renewables
Vietnam will need more than $128 billion of investment to achieve bullish targets in its latest power development plan that seeks to expand gas and renewable generation capacity over the next decade.
8 charts on the private sector’s growing backing of clean energy
While private sector backed investments in renewable energy are on a steep growth trajectory in Asia, there is potential for much more, according to a new report by consulting firm EY and the European Climate Foundation. The joint report looked into the investment scene for renewable energy projects in eight Asian markets (Southeast Asia, Japan, […]
Philippines touted as 2nd best investment destination for renewables in SE Asia — report
THE Philippines is the second best investment destination for renewable energy (RE) in Southeast Asia with resources that can generate up to 3,000 gigawatts (GW), and a “highly-liberalized” active spot market, according to a report from HSBC Global Research.
Renewable capacity to nearly double in Asean by 2025: HSBC report
ASEAN’S renewable capacity is expected to nearly double by 2025, driven by better regulation and lower equipment costs, with Vietnam currently leading the way, according to a HSBC Global Research report. Focused on industry trends in Asean, the report looked at the key drivers and risks for growth in energy transition to renewables. Six key […]
Thailand floats hydro-solar projects for its dams as fossil fuel supplement
Thailand is close to completing one the world’s biggest floating hydro-solar hybrid projects on the surface of a dam, a step toward boosting renewable energy production after years of criticism for reliance on fossil fuels. About 144,417 solar panels are being installed on a reservoir in the northeast province of Ubon Ratchathani, where workers are […]
Indonesia banking on solar power to boost renewable energy generation
Jakarta (ANTARA) – Indonesia plans to increase the share of renewable energy in its energy mix through several strategies, including halting imports of fossil fuels and liquified petroleum gas (LPG) by 2030 and expediting solar power projects. Energy and Mineral Resources Minister, Arifin Tasrif, made the remarks in a statement released here on Tuesday. “We […]
Trungnam Group sells stake in solar power plant
The Trungnam Group has sold a 49 percent stake in a central Vietnam solar power plant to an electricity equipment manufacturer. The 49 percent stake, whose value has not been disclosed, has been bought by A Chau Industrial Technology, a manufacturer of electrical equipment that has been showing increasing interest in solar power development in […]
