Power demand to rebound 6.0pct in 2021

KUALA LUMPUR: Local power demand is expected to rebound with a 6.0 per cent growth in 2021 following an average gross domestic product (GDP) projection at 6.0 per cent next year, said Hong Leong Investment Bank Bhd (HLIB).

No foreign investors for biomass, geothermal projects

THE Philippines is yet to get the interest of foreign investors to develop biomass and geothermal power projects despite allowing full foreign ownership of these facilities, a government official said on Monday.

Singapore developer swoops on 500MW Oz solar

Singapore-based developer Keppel Renewable Energy has signed an agreement to acquire a 45% stake in Harlin Solar to develop a 500MW greenfield photovoltaic project in Queensland, Australia.  

Market for coal remains vibrant in Philippines

The market for coal—the trading and use of the fossil fuel—continues to be vibrant in the Philippines despite global efforts to reduce carbon dioxide emission and the government’s recent announcement of a moratorium on new coal projects.