Researchers seek alternatives to Mekong River hydropower dam
The Mekong River, flowing from the Tibetan Plateau through Myanmar, Laos, Thailand, Cambodia and Vietnam to the South China Sea, is a hotbed of ecological diversity. The roughly 60 million people who live in the region, many in poverty, depend on the river and its tributaries for food and income. But a surge in hydropower […]
Posco Daewoo to construct free solar plant in Myanmar
Posco Daewoo, the trading unit of Posco, held a groundbreaking ceremony for a solar plant that it will build for free of charge on an island in Myanmar in hopes of boosting ties with the country, the company said Sunday The latest project, put together at the request of Myanmar’s Ministry of Electricity and Energy, […]
Hydropower Projects in Nepal and Myanmar Remain Uncertain
Background Hydropower is the foundation of the Chinese transition from fossil fuels to renewable energy sources. In the past two decades it has added more than 300GW of hydroelectricity to its grid. China sees itself as a global leader in the development of hydropower and is willing to help finance and build hydropower projects abroad. […]
Singapore startup SolarHome raises $10m debt from crowdfunding platforms
Singapore-based solar energy startup SolarHome announced that it has raised $10 million in debt financing from a consortium of investors including Japan-based cross-border crowdfunding platform Crowdcredit and Sweden-based crowdfunding platform Trine, it said in a statement on Wednesday. The investment follows on the $4.2 million raised via convertible notes earlier this year from Trirec, Insitor […]
Pay-as-you-go energy startup SolarHome raises US$10M in debt financing to accelerate Myanmar expansion
SolarHome, a Singapore-based company that brings pay-as-you-go solar solutions into off-grid households in Southeast Asia, has received US$10 million in debt funding from a consortium of international investors, including Crowdcredit, a cross-border crowdfunding platform based in Japan, and Trine, a Sweden-based crowdfunding platform for off-grid solar. This follows a US$4.2 million in convertible note funding raised in […]
Hlawgar power plant to get upgrades
Ministry of Electricity and Energy will upgrade Hlawgar power plant before the summer of 2019. Upon completion, the power plant can generate an additional 336,000 kilowatt-hours a day. Hlawgar power plant is one of the important power plants in Yangon. The commercial operation of the power plant launched in 1995. Now it can generate about […]
4000 villages now have access to solar grids
The government said its solar electrification project has allowed almost 200,000 households to access power supply over the last two years. Over 4000 villages and 180,000 households have been electrified during two years of five-year solar electrification project implemented by the agriculture ministry’s Department of Rural Development (DRD), U Sai Thura Kyaw, director of that department, […]
Myanmar increases electricity production rate within a month
Myanmar has increased Electricity production rate of over 470 megawatts more within a month, raising the total to 3,430 megawatts, according to Ministry of Electricity and Energy. Myanmar produced maximum amount of 3,431 megawatts on November 25 while it produced only 2,956 megawatts as of October 25. Electricity consumption rate in Yangon Region currently demands […]
