The Norwegian ambassador in Hanoi proposes wind energy as Vietnam’s new energy source
The Norwegian ambassador in Hanoi Grete Lochen was present at the Vietnam Onshore Offshore Wind Summit 2020 in Hanoi to deliver the opening speech. A recurring theme in the ambassador’s speech was ‘collaboration and sustainability in the act of going green’, referring to Vietnam’s new ‘Green Growth Strategy’ that promotes the process of improving the […]
Rekind Completed Phase One of Muara Laboh PLTP Project
PT Rekayasa Industri (Rekind) again showed its best performance at the end of 2019. JAKARTA, Indonesia, Feb. 5, 2020 /PRNewswire/ — The National EPCC (Engineering, Procurement, Construction, Commissioning) company has completed the Muara Laboh Phase One Geothermal Power Project (PLTP) located in Solok Selatan Regency, West Sumatra. This was marked by the announcement of the commercial operation of the […]
Indonesia to issue feed-in tariffs to boost renewable energy sector
JAKARTA: Indonesia plans to issue a presidential regulation on a feed-in tariff system in a bid to boost investment in its renewable energy sector. The feed-in tariffs will be divided into two stages. The first will offer renewable power plant developers a fixed electricity price for 12 years. At the second stage, and on the […]
Panel suggests easing rules for LNG trade
The National Energy Reform Committee has proposed relevant agencies and companies ease conditions to allow free trade of liquefied natural gas (LNG) and peer-to-peer power trading in the country. This committee implemented the energy reform plan in September 2018 with an emphasis on deregulating the electricity sector and enhancing competitiveness among private operators in the […]
New geothermal feed-in-tariffs for Indonesia expected in the coming months
News from Indonesia report on ongoing work on a presidential regulation (Perpres) regarding the price of electricity from renewable energy power plants and plans to announce those within the first six months of this year. The price of renewable energy electricity will be arranged in stages to accelerate the return on project investment. This regulation […]
Vietnam Goes Big on Solar Power
Solar power is making a strong showing in Vietnam after years of shuttling from one extreme to the other, with the nation looking sometimes like it would revert to coal, and other times like it would invest in renewable energy. By the end of last year Vietnam had surpassed Malaysia and Thailand to reach the […]
OCBC, UOB provide US$44m green loan to Myanmar conglomerate
THE Yangon branches of OCBC Bank and United Overseas Bank (UOB) have extended a US$44 million green loan to Myanmar’s Shwe Taung Group. Close to US$30 million of the loan came from OCBC, while UOB provided the balance, according to a joint statement by OCBC and Shwe Taung on Wednesday. The Myanmar conglomerate’s subsidiary, City Square Commercial […]
France keen to invest more in Myanmar, says official
After a pause of eight years, France is going to expand existing investments and make new ones in Myanmar, a senior official of the Myanmar Federation of Chamber of Commerce and Industry (UMFCCI) has revealed. “They have trust in Myanmar. As French organisations have learnt there are many prospects here, they are coming to invest […]
