Local energy firms, investors weigh in on solar project tender
Local energy companies are pessimistic about a recent government tender for Myanmar’s biggest solar power project. “There are some tall hurdles for local investors who wish to bid for the tender. The government should also consider local investors for the project but the terms and conditions rule out most Myanmar investors,” said U Kyaw Kyaw Hlaing, chair […]
Keppel, Mitsubishi Heavy to study hydrogen-powered data centres in Singapore
Keppel Data Centres Holding and Mitsubishi Heavy Industries Asia Pacific (MHI-AP) have inked a Memorandum of Understanding (MoU) to jointly explore the implementation of the hydrogen-powered tri-generation plant concept for data centres in Singapore.
Spanish utility trumps Philippine bid for clean energy player Infigen
Infigen Energy (ASX: IFN) has headed off a hostile Philippine takeover bid by recommending shareholders spurn that earlier offer and accept a higher cash offer from a Spanish energy giant, Iberdrola. Through a deal with Infigen’s largest holders of its stapled securities, Iberdrola has already sewn up 20% of Infigen.
Vietnam, Sweden discuss clean energy development
Hanoi (VNA) – A seminar in Hanoi on June 16 discussed the potential of Vietnam-Sweden cooperation in energy development, especially clean energy. The seminar was held jointly by the Ministry of Industry and Trade (MoIT)’s Electricity and Renewable Energy Authority and the Swedish Embassy’s Department of Commerce.
VPower Group’s JV starts powering Myanmar with LNG
VPower Group International Holdings Ltd has successfully expanded its footprint into the LNG-to-power industry through a partnership with China National Technical Import and Export Corp (CNTIC). On 14 June 2020, the power station in Thaketa Township of Yangon, Myanmar, built by the 50-50 joint venture of VPower Group and CNTIC (CNTIC VPower), started generating electricity […]
Myanmar solar tender conditions knock out foreign bidders
Myanmar has effectively excluded potential foreign bidders from a major solar farm tender by imposing tough conditions, including a refusal to accept online submissions even while a COVID-19 ban on international flights has been extended.
S’pore energy firm to build S$2.35 billion coal power plant in Laos
The government of Laos has approved the construction of the country’s second coal plant, which will be carried out by a firm in Singapore, Evolution Power Investment Corporation (EPIC). This announcement came at a time when countries are gearing towards cleaner renewable energy sources and turning away from coal which is cheap but polluting.
Industry demands renewable energy to fill quotas
A rapid shift away from traditional energy sources and towards renewables is required to increase Cambodia’s appeal for manufacturing investment, as large multinationals seek destinations with affordable clean energy to meet legislated quotas.
