WB and GIF support Vietnam in Solar Pilot Auction Program
The Governing Council of the Global Infrastructure Facility (GIF) has approved a fund US$ 1.5 million for supporting the World Bank (WB) and the Vietnamese Government to implement the Solar Pilot Auction Program. According to The GIF in coordination with the Energy Department of WB will help Vietnam to design and build the Auction Program […]
Deputy PM talks with WB guests about power development
NDO/VNA – Deputy Prime Minister Trinh Dinh Dung hosted a reception in Hanoi on December 20 for Regional Director of the World Bank (WB)’s Infrastructure Department in the East Asia and Pacific Region Ranjit Lamech and WB Country Director in Vietnam Ousmane Dion. The Deputy PM thanked them for providing active and important support for […]
Flaring solar investment ruptures infrastructure in 2019
To capitalize on incentives, investors racing to complete solar power plants before June-end caused the national power grid to overload. Thanh, the owner of an energy firm in Hanoi with previous experience in hydroelectric investment, spoke of his confidence when putting money toward a solar power plant in late 2018, which was promptly licensed and […]
ASEAN countries could lose out geopolitically in the energy transition
The energy transition has given impetus to a new geopolitical literature. While the post-World War II geopolitical literature was centered on competition over petroleum resources
Expert: Govt needs to develop use of LNG for transport sector
KUALA LUMPUR, Dec 20 — The government needs to take steps to develop the use of liquefied natural gas (LNG) as fuel for the transport sector as it is the cleanest and most suitable fossil fuel in today’s environmentally-friendly era. Subject matter expert, LNG development (bunkering) Mohd Rafe Mohamed Ramli said the use of LNG […]
United States shows interest in energy sector
Ambassador Patrick Murphy has expressed willingness to push private investors in the United States to work with the Kingdom’s oil and gas sector, so long as Cambodia is keen to coordinate with them.
Govt pushes 2020 development plan in Laos
VIENTIANE (Vientiane Times/ANN) – The government is holding a special meeting to establish common ground among state agencies about ways to ensure effective implementation of the national development plan for 2020. Prime Minister Thongloun Sisoulith presided over the opening of the two-day open government meeting at the National Convention Centre, which is scheduled to end […]
AC Energy invests P570 million in 300 MW diesel power plant in Rizal
MANILA, Philippines — AC Energy Philippines Inc. (ACEP) has invested P570 million in a 300-megawatt (MW) diesel power plant in Rizal. In a disclosure to the Philippine Stock Exchange yesterday, ACEP said it signed a subscription agreement with Ingrid Power Holdings Inc. Under the agreement, ACEP subscribed to 50,000 Ingrid common shares worth P4.9 million […]
