Angat hydro power plant to undergo major rehab
GE Renewable Energy has won a contract to rehabilitate and extend the operating life of the 53-year-old Angat hydro electric power plant by another 50 years. The France-based company said in a statement its technology would also increase the total capacity of the generator complex by 8.4 megawatts. Operated by Angat Hydropower Corp., a consortium […]
Ayala Group secures bigger stake in West Palawan offshore contract
MANILA, Philippines — ACE Enexor Inc. (formerly Phima Petroleum and Geothermal Inc.) has secured a bigger stake in service contract (SC) 55 offshore west Palawan after one of its partners withdrew. The Department of Energy (DOE) approved the assignment by Century Red Pte. Ltd. of its 37.5 percent interest in SC 55 to Palawan55 Exploration […]
Vietnam looks to more than double power generation capacity by 2030
HANOI, Feb 19 (Reuters) – Vietnam will more than double its power generation capacity over the next decade to support a fast-growing economy, new guidelines for a national energy development strategy show. The Southeast Asian nation aims to boost capacity to 125-130 gigawatts (GW) by 2030, from about 54 GW now, the Communist Party’s powerful […]
Ministry reverts to old proposal on fixing solar power tariffs
The Ministry of Industry and Trade is arguing against using a bidding mechanism for deciding solar power tariffs, saying it could have negative impacts. In its latest report to the government Tuesday, the MoIT has suggested that solar power projects approved before November 23, 2019 that begin operating before January 1, 2021 should enjoy fixed […]
SMEs urged to invest in pro-environment technologies amid climate-change threat
Amid persistent threats from climate change, small and medium enterprises (SMEs) need to take a more proactive approach in doing business by always considering their impact on the environment while meeting customer expectations. Epson, in its SME Study on Digital Transformation in Southeast Asia, found that almost 30 percent of respondents in six of the […]
OpenSys Technologies eyes 30% profit contribution from new solar solutions
OPENSYS Technologies Sdn Bhd, a subsidiary of OpenSys (M) Bhd, is allocating RM650,000 of its total capital expenditure this year for system development amid the growth potential of the solar sector in Malaysia. Following the launch of buySolar — Malaysia’s first one-stop online marketplace for solar services and products — the company has several more […]
EV market slows on low awareness, limited charging stations
A LACK of awareness among consumers and limited charging facilities are hampering the growth of the hybrid and electric-vehicle (EV) market in Malaysia. UMW Toyota Motor Sdn Bhd (UMWT) president K Ravindran, said market awareness on the benefits of hybrid and EV cars is still low, while owners of such vehicles are facing inconveniences as […]
Once Criticized by Musk, Singapore Is Finally Welcoming Electric Cars
Singapore, once criticized by Elon Musk for not supporting electric vehicles, now plans to phase out fossil fuel-powered vehicles in the city-state by 2040. The government is planning to offer incentives to encourage the adoption of cleaner vehicles such as hybrids and electric cars, including rebates of up to S$20,000, and will invest to increase the number of […]
