Scientists create ‘reverse solar panel’ that can generate electricity from SHADOWS
Scientists say they’ve created a device that allows electricity to be generated from the shadows thanks to different illumination angles. The shadow-effect energy generator (SEG), developed in Singapore, makes use of the contrast in illumination between lit and shadowed areas to generate electricity.
DOE to amend energy forecasts
DOE Secretary Alfonso Cusi noted that this month the Luzon grid has already been reaching a peak demand of 9,000 MW mainly due to higher temperatures as it is the summer season. Cusi added that it is expected to rise to 12,000 MW once the modified enhanced community quarantine (MECQ) is lifted or eased.
Indonesia Coal Miner Aims to Buy Back Bonds at 57% Discount
(Bloomberg) — An Indonesian coal miner offered to buy back its outstanding dollar bonds at a discount of at least 57%, adding to signs of deepening stress for the sector as demand slumps amid the coronavirus pandemic. Singapore-listed Geo Energy Resources Ltd. offered to pay $430 for every $1,000 of principal to noteholders who submit […]
Malaysia resumes CPO exports to India
KUALA LUMPUR (May 21): Malaysia has resumed crude palm oil (CPO) exports to India as the latter has started buying the commodity again from Malaysia after barring such imports in recent months. In a statement today, Plantation Industries and Commodities Minister Datuk Dr Mohd Khairuddin Aman Razali said the country expects India’s June and July 2020 purchasing contracts […]
COVID-19 pandemic causes labour shortage for Malaysia’s palm industry
KUALA LUMPUR, May 21 (Reuters) – Travel restrictions to prevent the spread of COVID-19, the disease caused by the new coronavirus, are causing labour shortages at Malaysia’s palm plantations, officials said. The world’s second-biggest palm oil producer relies on foreigners for 70% of its plantation workforce, drawing mainly from neighbouring Indonesia and from South Asian countries. […]
Danish business to open office in Vietnam
The Danish company Copenhagen Offshore Partners are opening an office in the Vietnamese capitol Hanoi. The Scandinavian company provides project development, construction and operational management services to offshore wind projects. The Danish company has hired their first two Vietnamese employees; Development- and Commercial Manager Khanh Duong and Finance Manager Giang Phung, reports the online news site […]
Indonesia’s clean energy program faces setback, ETI ranking plunges
Indonesia’s readiness to shift toward a clean energy economy took another step back last year because of fossil fuel subsidies and faces a monumental hurdle this year as a result of the coronavirus pandemic. Indonesia’s ranking fell seven places to 70th out of 115 countries surveyed in this year’s Energy Transition Index (ETI), down from 63rd last year. […]
‘Tesla of Thailand’ keeps factories running in virus lockdown
Thailand’s biggest electric-vehicle venture has stayed mostly in gear during the Covid-19 pandemic, with Energy Absolute Plc (EA) ontinuing construction on a lithium-ion battery plant and vehicle development. The company’s EV-boat prototypes are now being river-tested.
