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 […]
Thai Activists Raise Alarm Over New Proposed Lao Mekong Dam
KRABI, THAILAND – Thai activists and organizations have raised alarm bells following last month’s announcement that the Mekong River Commission will begin its prior consultation process on the Sanakham hydropower plant, a new Mekong River dam project in northern Laos.
Energy ministry rejects miners’ request for relaxation on coal royalties
The Energy and Mineral Resources Ministry has expressed its opposition to granting Indonesian coal miners’ request to relax coal royalty payments amid the COVID-19 pandemic. The ministry’s director for non-tax state revenue of coal and minerals, Johnson Pakpahan, said on Friday that such relaxations would “disrupt government cash flows” at a time when Indonesia planned to […]
Energy for All scheme to open at end of the month
Community-owned power projects from renewable sources, known as Energy for All, will open for interested parties for co-investment by the end of this month after a months-long delay. The scheme was not launched late last year as originally scheduled because of a lengthy preparation process. The coronavirus pandemic caused further delays.
Developing Vietnam’s Renewable Energy Industry
Over the last decade, there has been rapid growth in Vietnam’s energy industry. The demand for electricity in Vietnam has significantly increased in line with its overall economic growth. According to the Vietnam National Load Dispatch Centre data, the average daily electricity consumption was 615 million kWh per day in the first few months of 2020, […]
Wind power on horizon
An 80MW wind power investment project in Kampot province will be ready to deliver electricity as soon as the developer completes negotiating a power purchase agreement with state-run electricity supplier Electricite du Cambodge (EdC). Ministry of Mines and Energy spokesman Victor Jona on Sunday said the developer, The Blue Circle (Cambodia) Co Ltd, is a subsidiary […]
Malaysia opens RM4 bil bid for 1GW of solar plants
KUALA LUMPUR: Malaysia has opened competitive bidding for one gigawatt (GW) of solar plants worth about RM4 billion, the largest capacity offered under its Large Scale Solar (LSS) scheme. Public Investment Bank Bhd disclosed that the previous three cycles of LSS boasted capacities of between 370 megawatts (MW) to 500MW.
