ADB loan to fund Thailand renewable energy projects, EV charging stations
The Asian Development Bank (ADB) has signed a 1.5 billion Thai baht (US$47.62 million) green loan to finance renewable energy projects and a nationwide electric vehicle charging network in Thailand. The loan, signed on February 11, is being extended to Energy Absolute Public Company Limited.
Australia, Japan and Vietnam lead renewable energy shift in Asia Pacific
Australia, Japan and Vietnam are leading the shift to renewable energy in Asia Pacific, according to the latest research from IHS Markit. Significantly, coal and gas power plants are also being built at a brisk pace as part of the energy mix across the region.
Voith Hydro, Widad to bid for hydro projects in Malaysia
KUALA LUMPUR: Voith Hydro GmbH & Co KG has partnered Widad Business Group Sdn Bhd (WBG) to seek and bid for hydro projects in Malaysia.
Energy dep’t clears 3 geothermal bidders for next auction stage
THE Department of Energy (DoE) has allowed three geothermal companies to proceed to the next stage of the open and competitive selection process round three (OCSP3), after declaring the applicants to be compliant with all requirements at the opening of bids Monday.
ERC sets Q2 timeline for GEAR pricing
THE Energy Regulatory Commission (ERC) said hopes to set the Green Energy Auction Reserve (GEAR) Price by the second quarter, along with a template for power supply agreements to be concluded by winning bidders and utilities.
Filipino Student Designs Solar Windows That Converts Food Waste Into Renewable Energy
The first-ever sustainability winner of The James Dyson Award was awarded to Carvey Maigue for inventing an innovative way to tackle food waste and using it to create renewable energy sources thus setting up a circular economy and mitigating climate change.
Thailand’s first floating PV project goes online
The 2 MW plant is installed at the historic site of agro-food group SPM, in Thailand. With 2.8 GWh/year of low-carbon electricity, it will cover up to 20% of the site’s annual energy consumption.
Renewable energy program targets 55.8% share of power mix by 2040
THE Department of Energy has set new renewable energy (RE) targets in its latest version of the National Renewable Energy Program (NREP), with RE expected to account for more than half of the Philippines’ power mix by 2040, officials said.
