Race is on for Indonesia’s untapped rare earths
Rare earth, the experts like to say, is neither rare nor is it earth. But given its use in everything from smartphones to high-tech aerospace and defense systems, a potential buried treasure from the past may soon become the next big thing in Indonesian mining.
Indonesia provides investors with more facilities to develop geothermal energy
JAKARTA, Sept. 9 (Xinhua) — The Indonesian Ministry of Energy and Mineral Resources will make it easier for investors to develop geothermal energy in the archipelagic country through various innovational breakthroughs. The facilities include the issuance of law on geothermal energy, which facilitates development of geothermal power plants in production forest areas, protected forest areas and […]
Vietnam faces transmission conundrum for renewable energy
Vietnam’s national grid is ill-equipped to handle the power surge from new renewable energy plants seeking to come online this year. National utility Vietnam Electricity (EVN) has said in a recent report that the construction of new transmission lines might not be able to match the speed of new solar and wind power projects. The country […]
GE Renewable Energy to Supply 12 Cypress Wind Turbines to Vietnam
GE Renewable Energy announced that it has secured two 30 MW contracts to supply a total of 12 units of GE’s 5MW-158 Cypress wind turbines to support construction of the Quoc Vinh Soc Trang and Lac Hoa Soc Trang wind farms, located in the Mekong Delta, Southern Region of Vietnam. PowerChina Huadong Engineering Corporation will […]
Petronas to deepen push into RE after posting RM21b loss
PETROLIAM Nasional Bhd (Petronas) is looking to expand its renewable-energy (RE) portfolio, after posting a RM21 billion loss due to weak oil prices and sluggish demand amid the Covid-19 pandemic. Its president and group CEO Tengku Muhammad Taufik Tengku Aziz (picture), who took the helm in July this year, categorised the current state of the oil and […]
Unioil sets off price rollback
Consumers can expect a price rollback of as much as P0.50 per liter of pump prices this week due to the slump in demand from the United States, one of the world’s biggest consumers of oil products. “Diesel should go down by P0.40 to P0.50 per liter and gasoline by P0.30 to P0.40 per liter,” […]
A Middle Way for Green Energy
The presidential regulation draft for purchasing new and renewable electricity from state power company PLN is completed. In August, the discussions between ministries started to lead towards an agreement.”It is still being harmonized by the justice and human rights ministry,” Ida Nuryatin Finahari, director of geothermal energy at the energy and mineral resources ministry, said […]
New Ambitions for Dieng-Patuha
Riki Firmandha Ibrahim is delighted. He is convicted that he will be able to restore the geothermal working areas (WKPs) in Dieng and Patuha, respectively in Central and West Java, which had been dormant for almost three decades. This chief executive officer (CEO) of Geo Dipa Energy has started to revitalize assets in both working […]
