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.
DOE seeks stakeholders’ comments on proposed green energy pricing rules
The Department of Energy (DOE) is soliciting comments from industry stakeholders on the proposed rules governing the Green Energy Pricing Program (GEPP), which seeks to promote the utilization of renewable energy (RE) in the country.
Equis Development to invest $4b in renewable energy in next two years
Singapore-headquartered renewable energy and waste infrastructure developer Equis Development plans to invest over $4 billion in renewable energy projects across the Asia Pacific over the next two years, a top executive told DealStreetAsia.
Weakening currency to have impact on geothermal projects in Indonesia
The Indonesian Geothermal Association (INAGA/ API) recently assessed the impact the current covid-19 situation and the weakening of the Indonesian rupiah could have on geothermal projects in Indonesia. In a statement INAGA Chair Priyandaru Effendi said that both investors and PT PLN (as offtaker) will be affected by the situation.
