Proposed steep tariff cut risks disruption in Vietnam’s wind market, industry body warns
The Vietnamese government is mulling a significant reduction of feed-in tariff rates for wind. The Global Wind Energy Council has cautioned the move could see disgruntled investors pack their bags, derailing the nation’s wind targets.
Sarawak Energy marks milestone for 1285 MW hydropower plant
Sarawak Energy’s largest hydropower project to date, the 1,285-MW Baleh Hydroelectric Project (HEP) in Malaysia, has reached a major project milestone with the successful completion of its dual diversion tunnels, river diversion and closure works in October.
Gas, LNG well-positioned to meet sustainability aspiration: Petronas CEO
KUALA LUMPUR: Gas and liquefied natural gas (LNG) are well-positioned to meet the global aspiration for affordable, secure and sustainable energy.
PCC OKs AC Energy’s power plant in Rizal
MANILA, Philippines — AC Energy Philippines Inc. (ACE PH) and its partner have secured regulatory approval to pursue the joint development of a planned 150-megawatt (MW) diesel modular generator set power plant in Pililia, Rizal.
PT SMI, European Union, KfW, and AFD Join Forces to Accelerate Investment in Sustainable Infrastructure in Indonesia
JAKARTA, Indonesia, Dec. 3, 2020 /PRNewswire/ — PT Sarana Multi Infrastruktur (Persero) (“PT SMI”) and the European Union (“EU”), together with German KfW Development Bank (“KfW”) and Agence Française de Développement (“AFD”) are taking concrete steps to work together in achieving sustainable development in Indonesia under the SDG Indonesia One Platform. Sustainable infrastructure development is believed as one of […]
High expectations on renewable energy
Renewable energy (RE) projects from wind, sunlight, and biomass are expected to make up for the shortage of electricity supply and gradually replace thermal and hydroelectric sources of power. This is especially important in the context that thermal power plants, especially small hydroelectric power plants, are negatively affecting the environment.
Proposed Feed-in-Tariff reduction could “seriously damage” growth of wind power in Vietnam
New proposed Feed-in-Tariff (FIT) extension by Vietnamese government would reduce tariffs for onshore and intertidal wind power by 17.4 per cent and 13.6 per cent respectively, one of the most dramatic reductions seen for wind power globally.
Vietnam: New Wind Power FIT Proposed, GWEC Warns of Negative Effects
Vietnamese Ministry of Industry and Trade has proposed new Feed-in Tariff (FIT) rates as part of the country’s plan for an extension of the FIT scheme for wind energy projects entering operation from November 2021 to December 2023.
