In bittersweet move, Vietnam approves second feed-in-tariff scheme for solar
Vietnam has signed off its much-anticipated solar support scheme, bringing developers bittersweet relief amid the ongoing coronavirus pandemic. Meanwhile, solar’s future in the country hinges on Hanoi’s next move.
Vietnam finally unveils new FITs for large-scale, rooftop, floating PV
Hanoi has set new feed-in tariff rates for utility-scale, rooftop and floating PV projects, ending a long period of policy uncertainty. The government has announced the new rates, which are broadly in line with industry expectations, roughly 10 months after the expiration of its old tariffs.
A wave-powered ferry aims to forge a new path for shipping in the Philippines
The hundreds of islands that make up the Visayas region in the central Philippines are connected by a vast fleet of decades-old cargo and passenger ships. These vessels are vital for moving goods and people but have long been considered major polluters of this biodiverse region, and contributors to greenhouse gas emissions.
Encouraging geothermal development, Indonesia targets new supporting regulations in 2020
New regulation is being worked on in Indonesia that would see the government taking on some drilling to de-risk projects to help increase bankability and reliability of geothermal development.
Thai Super Energy to pick controlling stake in Vietnamese assets for $457m Read more at: https://www.dealstreetasia.com/stories/thai-super-energy-vietnam-183238/
Thai power group Super Energy Corporation will be acquiring four solar power assets in Vietnam at a transaction value not exceeding $457 million, it said in a regulatory filing.
Majuperak Enters JVA for Solar Energy Project in Malaysia
Malaysian investment holding company Majuperak Holdings Berhad (MHB) has entered into a joint venture agreement (JVA) with United Solar Energy to jointly venture into the solar photovoltaic (PV) generating system project using net energy metering scheme in the state of Perak in Malaysia.
ERC authorizes transfer of FiT-All component to fund renewable energy firms
THE ENERGY Regulatory Commission (ERC) on Friday allowed the National Transmission Corp. (TransCo) to draw funds from the Feed-in-Tariff Differential (FD) component of the Feed-in-Tariff Allowance (FiT-All) chest to augment deficiencies in the cost recovery revenue (CRR) sub-account to continue funding renewable energy producers.
Aboitiz Power drops acquisition in Vietnam
The international investment subsidiary of Aboitiz Power Corporation has abandoned its planned $46 million wind power acquisition in Vietnam due to snags in the completion of deliverables of the relevant parties as set on prescribed deadline dates.
