SPC opens first service station in Myanmar
YANGON: Singapore Petroleum Company (SPC) opened its first service station in Myanmar on Saturday (Mar 30). The joint venture with Shwe Taung Group’s Shwe Taung Energy marks SPC’s first entry into the retail energy business in Myanmar. Shwe Taung Energy operates gasoline and diesel distribution centres across the country. “Customers are promised an enhanced refuelling […]
Rural areas rely on renewable energy sources to gain electricity
Small scale hydropower plants, wind turbines and renewable energy sources are potential sources to supply electricity in rural areas, said Union Minister Thaung Tun for Investment and Foreign Economic Relations. “The government is implementing to improve living standards for locals and infrastructure buildings in Chin State. In doing so, there will be many opportunities to […]
France’s ENGIE to assist with Myanmar electrification
ENGIE has teamed up with a Myanmar-focused off-grid energy specialist to help spur rural electrification across the Southeast Asian country with mini-grids combining PV, diesel and battery storage. The French energy giant has been increasingly active in the off-grid clean energy space in India and Africa since 2016, and this month has taken a minority […]
ENGIE targets solar-diesel-storage mini-grids in Myanmar with Mandalay Yoma
ENGIE has teamed up with a Myanmar-focused off-grid energy specialist to help spur rural electrification across the Southeast Asian country with mini-grids combining PV, diesel and battery storage. The French energy giant has been increasingly active in the off-grid clean energy space in India and Africa since 2016, and this month has taken a minority stake in Mandalay Yoma […]
Myanmar to build LNG power stations to meet energy requirements in 2022
Myanmar is planning to start three liquefied natural gas (LNG) power projects and a combined cycle power project to meet energy requirements in 2022, said Union Minister Win Khaing of Electricity and Energy. “The ministry provided electricity to 30 per cent of households recent years and the supply will be up to 50 per cent […]
Investors to be invited to boost LPG, CNG businesses
Investors will be invited to boost gas exploration as well as LPG and CNG businesses, said Union Minister Win Khaing for Electricity and Energy. He said investment in such businesses would help improve Myanmar’s electricity sector. “To improve the electricity sector, we will invite investors to cooperate with us in exploring gas and developing LPG […]
Solar energy startup SolarHome secures additional US$1M from Trirec
SolarHome, a solar energy startup that focusses on serving households in Myanmar, has announced that it has secured another US$1 million for equity from Trirec, an investment company that supports energy tech companies. Trirec is an existing investor in SolarHome, which makes this funding a follow-on financing that’s a part of SolarHome’s Series A round, […]
Sembcorp ushers in new chapter with $310m power plant
Driven by the surging need for electricity in Myanmar, Singapore’s Sembcorp Industries Ltd recently launched its US$310 million Sembcorp Myingyan independent power plant in Mandalay, according to Group President and CEO Neil McGregor. McGregor said at the launch the 225-megawatt power plant would generate around 1,500 gigawatt hours of electricity per year for supply to […]
