Total initiates construction of 7-MW solar rooftop in Thailand
November 22 (Renewables Now) – French energy major Total SA (EPA:FP) on Friday provided an update on almost 10 MWp in solar projects developed by its subsidiary Total Solar Distributed Generation (Total Solar DG) in Southeast Asia. In Thailand, Total Solar DG has started building a 7-MWp solar rooftop for local wood-based panels manufacturer S […]
Thailand’s EGATi builds $2.37-bln coal-fired power plant in Vietnam
HANOI, Nov 22 (Reuters) – Thailand’s EGAT International Co started construction on Friday of a 55 trillion dong ($2.37 billion) coal-fired power plant in central Vietnam, Vietnamese state media reported. The 1,320-megawatt Quang Tri 1 plant is being built in Quang Tri province, reported Vietnam News Agency. EGAT International is a wholly owned subsidiary of […]
Renewables: Total Continues to Expand its Footprint in Southeast Asia in Distributed Solar
Total (Paris:FP) (LSE:TTA) (NYSE:TOT), through its affiliate Total Solar Distributed Generation, has added six new solar projects with a total capacity of around 10 megawatts-peak (MWp) to its renewables portfolio in Southeast Asia since October 2019. These distributed generation projects are located in Thailand, the Philippines, Indonesia and Singapore. “Total Solar Distributed Generation is today […]
Thailand’s EGAT awards tender to buy its first spot LNG cargoes
State-run Electricity Generating Authority of Thailand has awarded its first spot tender to import liquefied natural gas (LNG), two industry sources said. The company bought two LNG cargoes of 65,000 tonnes each for delivery in December 2019 and April 2020 through a tender, one of the sources familiar with the matter said. Details of the […]
Aramco IPO: It’s a Thanks, but No Thanks From Malaysia’s Petronas
KUALA LUMPUR/LONDON — With Saudi Aramco yet to name any major foreign investors in its upcoming share sale, Malaysia’s state energy company Petronas [PETR.UL] decided to take a pass on Friday. Expectations that Aramco customers and allies around the world would take significant stakes in the company have so far not materialized, with the listing […]
SocGen’s heads of Asia trade finance depart after Singapore bunker fuel losses
[SINGAPORE] Societe Generale’s regional heads of trade and commodities finance for the Asia-Pacific have left the Paris-based bank, raising concerns among Singapore-based shipping fuel traders that it may wind back financing services to the sector. France’s third-biggest listed lender said this year it would shrink or exit some businesses to cut costs at its investment […]
SSY enters energy derivatives business
London-based brokers Simpson Spence Young (SSY) is launching a new energy derivatives service through its derivatives business SSY Futures, based in New York, London and Singapore. Covering the gas and power markets, SSY will be offering its clients the ability to manage their physical energy risk. The company has hired experienced energy broker James Whistler […]
Greenpeace: Companies’ coal expansion will block Philippines’ transition to low carbon future
Greenpeace: Companies’ coal expansion will block Philippines’ transition to low carbon future 41shares40 Gaea Katreena Cabico (Philstar.com) – November 22, 2019 – 4:47pm MANILA, Philippines — The Philippines is heavily relying on coal—a major contributor to the catastrophic climate change—and will continue to be more in the future, hindering the country’s transition to sustainable low […]
