Solar Rules Weaken Vietnam’s Love-Hate Relationship to Coal

Near the southern Vietnam beaches filled with kite surfers and mud baths, there sits a hydropower plant called Da Mi. It is no longer just generating power from dams and falling water, however. Crews added solar panels to the reservoir last year, creating what the Asian Development Bank called the first large floating solar project […]

Govt signs PPA for first LNG plant in Myanmar

Myanmar has signed a power purchase agreement (PPA) to buy electricity from a liquefied natural gas (LNG) plant. The project company of CNTIC VPower Group inked a five-year PPA with the Ministry of Electricity and Energy’s Electric Power Generation Enterprise (EPGE) on June 10.

Hong Kong top FDI source for Myanmar this fiscal year

Hong Kong has emerged as the top source of approved foreign direct investments (FDI) into Myanmar in the first seven months of fiscal 2019-20, accounting for around 32 percent of the overall commitments. From October 2019 to April 2020, the total number of FDI commitments from 39 entities registered in Hong Kong amounted to US$1.3 billion, […]

Indonesia’s palm oil dispute with EU set to continue

The world’s biggest palm oil producer, Indonesia, has asked the dispute settlement body of the World Trade Organization (WTO) to establish a panel to examine the EU Renewable Energy Directive (RED II), which it claims discriminates against biofuels produced from palm oil.