Indonesia to boost use of renewable energy
JAKARTA, Jan. 30 (Xinhua) — Indonesia has set a higher composition of renewable energy in the country’s energy consumption as the government aims at reducing reliance on fossil fuels and safeguarding energy security. The policy was supported by abundant sources of renewable energy which can be used to generate power and a huge amount of […]
Purdue biofuel study addresses concerns over deforestation
JEFFERSON CITY, Mo. — The impacts of U.S. biofuel policy on deforestation in Malaysia and Indonesia are found to be insignificant, according to the latest research from leading economic modeling experts from Purdue University. The study looked at concerns from renewable fuel opponents claiming that biofuels are to blame for increased agricultural activity in Southeast […]
Power Ledger partners with US registry M-RETS for REC blockchain trading
Today, blockchain firm Power Ledger announced a partnership with the U.S.-based Midwest Renewable Energy Tracking System (M-RETS) to launch a Renewable Energy Certificate (REC) marketplace in the country. M-RETS is a web-based REC registry used by power generators, utilities, marketers, and qualified reporting entities. The centralized solution tracks RECs and facilitates transactions by issuing a […]
Commentary: Electricity in Indonesia getting more expensive thanks to climate change
Extreme weather conditions have caused disruptions and financial losses to electricity companies, says Kamia Handayani. ENSCHEDE: Severe weather conditions triggered by climate change can adversely affect the operation of power plants. Heavy rainfall, heatwaves and lightning can disrupt electricity transmission and distribution networks and cause power outages. A 2019 World Bank report showed natural shocks and […]
BioPower eyes more facilities for biomass
MANILA, Philippines — The BioPower group under AC Energy Inc. is eyeing to put up more biomass plants across the country in hopes the feed-in tariff (FIT) for the technology would be extended. The group is looking to expand its biomass capacity by another 200 megawatts (MW), BioPower director and treasurer Don Mario Dia said […]
Local firm, Singapore partners plan six waste-to-energy projects
ASIA PACIFIC Renewable Energy Solutions, Inc., a Makati-based company specializing in waste-to-energy projects using technology from Singapore, is looking at six areas in the Philippines to build facilities that will process garbage into electricity. “We do have plans and we are finalizing concession agreements with a few regions. We have at least six regions, it’s […]
Bishops, civil society groups urge banks: Stop financing coal ventures
Church leaders and civil society groups advocating clean and renewable energy sources on Thursday appealed to banks and financial institutions funding coal projects to withdraw their support for the development of this dirty fossil fuel. In a statement issued during the launching on Thursday of the drive dubbed “Withdraw From Coal Campaign,” environmental groups said […]
Outside Looking In – UK investment set to power up Việt Nam’s renewables programme
Brian Spence explains how his old and new homelands are increasingly converging in the investment sphere, particularly in renewable energy. S&P Investments takes a genuinely global view as an M&A broker, and we naturally have strong links to the UK due to my having spent decades in the financial services sector before making Việt Nam […]
