SunCon partners with Engie to expand district cooling technology in Malaysia
KUALA LUMPUR: Sunway Construction Group Bhd (SunCon), via its wholly owned Sunway Construction Sdn Bhd (SCSB), has signed a memorandum of understanding with Engie South East Asia (SEA) to set up a joint venture (JV) company. The joint venture aims to boost the country’s environmental sustainability effort through the expansion of district cooling technology.
KEPCO and Doosan Heavy shares up after regulatory nod to Indonesian power project
Shares of Korea Electric Power Corporation (KEPCO) and Doosan Heavy Industries & Construction Co. remained strong Tuesday morning after news that a large-scale thermal power plant construction project in Indonesia involving the two Korean firms passed a feasibility study on Monday.
O&G outfit Reservoir Energy proceeds with IPO despite global challenges
KUALA LUMPUR (June 9): Oil and gas (O&G) service provider Reservoir Link Energy Bhd is proceeding with its plan to be listed on Bursa Malaysia’s ACE Market despite the current turbulence in the global economy.
PLB Engineering unit inks MoU for waste-to-energy plant in Penang
KUALA LUMPUR (June 9): PLB Engineering Bhd’s 65%-owned subsidiary PLB Terang Sdn Bhd (PLBT) has entered into a memorandum of understanding (MoU) with Welle Environmental & Renewable Energy Sdn Bhd to jointly set up a municipal solid waste-to-energy (WTE) plant in Penang.
IFC to boost funding for off-grid solar power in Myanmar
The International Finance Corporation (IFC) is considering investing a further US$87 million in Yoma Micro Power to help Myanmar supply electricity to remote off-grid communities and reduce its carbon emissions. Part of the World Bank Group, the IFC said it had proposed arranging a loan package of $80 million to the energy firm, which builds micro […]
Myanmar to Generate its First LNG Power ‘Very Soon’: Energy Ministry
YANGON — The Ministry of Electricity and Energy (MOEE) says the overdue Chinese-backed liquefied natural gas (LNG) projects in Yangon will operate “very soon” now deliveries from Malaysia have arrived. On Thursday, Malaysia’s state-owned oil and gas company, Petronas, said it delivered 190,000 cubic meters of LNG for the Yangon projects, which will be the first […]
Laos Plans New Coal-Fired Power Plant in Sekong Province
Laos has plans to build a new coal-fired power plant in Sekong province in the southeastern part of the country, raising concerns among local residents and environmental groups who fear damage to area farmland and forests, sources in the one-party communist state say.
AC Energy, UPC to develop Vietnam wind projects
AC Energy Inc. and UPC Renewables have started undertaking two wind projects in Vietnam with an aggregate capacity of 60 megawatts (MW), touted as the country’s tallest wind turbines. In a statement, Ayala Corp.’s power generation arm said the joint venture has commenced the construction of Lac Hoa and Hoa Dong wind turbines in the Mekong […]
