Philippines declares no new coal plants — but lets approved projects through
MANILA — The Philippines’ energy department has declared a moratorium on new coal-fired power plants, following a reassessment of the country’s energy system. But while the ban halts applications for new plants, it will not extend to previously approved projects that are already in the pipeline.
Energy Regulatory Commission approves cut in fuel tariff
The Energy Regulatory Commission (ERC) has approved a cut in the fuel tariff (Ft) by 0.0289 baht per kilowatt-hour (unit), reducing power bills to the lowest rate in two years.
Thailand’s Board of Investment (BOI) approves 35.7 billion baht worth of investment projects
The Thailand’s Board of Investment (BOI) approved 35.7 billion baht (USD1.1 billion) worth of large investment projects in several sectors.
Cummins installs lean-burn gas generators for southeast Asian plant
U.S. on-site power manufacturer Cummins Inc. has installed its gas-fired generators for a 16-MW power plant in Myanmar.
Asia’s retreat from coal power gathers momentum
This year has seen 56 global banks, insurers, pension funds and asset managers boost coal exit policies
Philippines greenlights oil exploration in disputed sea without China
The Philippines said oil exploration in the disputed South China Sea can proceed without China, in what could be a further sign of the Southeast Asian nation’s tougher stance against Beijing.
Scatec Solar ASA – SN Power to acquire its first wind farm in Vietnam
Oslo, 5 November 2020 – SN Power AS, has signed a binding agreement to acquire 100% of the shares in the 39.4 MW Dam Nai Wind Power Joint Stock Company in Vietnam from Mekong Wind Pte Ltd which is fully owned by the Singapore based Armstrong South East Asia Clean Energy Fund.
Malaysia’s energy giant Petronas targets net zero emissions by 2050
KUALA LUMPUR: Malaysian state-owned energy giant Petroliam Nasional Berhad, or Petronas, said on Thursday it aims to become a net zero emitter of greenhouse gases by 2050 and also plans to increase its investments in renewable energy.
