Lower oil prices hurting China and Southeast Asia
The coronavirus pandemic has squeezed global demand. Sales by Chinese refineries dropped by 20 per cent. Non-tax revenue could drop to US.7 billion in Indonesia. Malaysia could lose up to US.8 billion. Vietnam, Thailand, Singapore and Brunei are also expected to suffer financially.
Vestas scores 67MW double in Vietnam
Vestas has won turbine orders totalling 67MW for two wind farms in Vietnam. The order covers supply, transport, installation and commissioning of 16 V150-4.2MW machines for an unnamed customer and projects.Both projects are planned to achieve commissioning in the third quarter of 2021.
Enercon seals 310MW Vietnamese six pack
Enercon has secured new turbine orders totalling 310MW for six wind farms in Vietnam. The contracts cover the supply of 74 E-138 EP3 E2/4.2MW machines scheduled to be installed by the end of next year. Enercon said that earlier this month it had completed a 64MW project featuring E-126 EP3 hardware in the Vietnamese province of Ninh […]
Singapore utility ends gasoil deal with Hin Leong
Singapore utility Sembcorp Cogen has terminated its gasoil supply and storage agreement with troubled oil trading firm Hin Leong. Under the deal, Hin Leong sold gasoil to the utility and provided storage and management services for the fuel. The agreement had been in place since 2009.
New partnership to explore Floating Data Centre Park in Singapore
Keppel Data Centres has signed separate MoUs with Toll Group and Royal Vopak to study the feasibility of developing a Floating Data Centre Park (FDCP) and LNG-to-power infrastructure in Singapore. Keppel Data Centres and Toll Group will explore the development of a near-shore FDCP at the Loyang Offshore Supply Base, which is operated by Toll […]
Singtel deploys solar panels on Bedok Data Centre
Singtel on Tuesday announced that it has completed a new solar energy installation at its Bedok Data Centre, the company’s largest renewable energy installation to date. The 1.65 MWp solar energy installation on the data center’s wide rooftop consists of 4,292 solar panels across an area of approximately 8,205 sq m, or the size of two […]
Electricity market prices expected to increase post-ECQ
THE market operator of the Wholesale Electricity Spot Market (WESM) is expecting spot prices of electricity to increase in May, as demand is also projected to gradually rise soon after the enhanced community quarantine (ECQ) is lifted on April 30. In a market report released Thursday, the Independent Electricity Market Operator of the Philippines (IEMOP) said […]
No power shortage during dry season: Ministry
The Ministry of Mines and Energy said there is no shortage of electricity during this year’s dry season as compared to last year. Even so, the ministry said it would continue to boost electricity access in all households across the country by at least 78 percent this year. Speaking in a press conference held at the […]
