Philippines switches on 64 MW solar project
Prime Solar Solutions Corp. has completed a 64 MW solar project in the eastern Philippines. It is one of two facilities by the company that will supply 128 MW per year combined.
Indonesia seeks green investments to combat climate change, boost sustainable growth
The Indonesian Chamber of Commerce and Industry highlighted Indonesia’s significant potential in the green and renewable energy sector, noting that it has the second-largest nature-based solutions capacity in the world after Brazil, at up to 1.5 GtCO2 per year.
Vietnam sets $0.026/kWh tariff for net-metered solar power
Vietnam plans to introduce a net-metering scheme for rooftop PV. The Ministry of Industry and Trade (MoIT) has proposed a tariff of VND 671 ($0.026)/kWh for surplus solar power.
Levanta Renewables to acquire rooftop solar system in Vietnam
Levanta Renewables, a leading Southeast Asia-focused renewable energy platform backed by Actis, is acquiring a 28.7MWp rooftop solar system from related companies of locally invested Tien Nga JSC.
Inauguration of 28.9 MWe Binary Geothermal Plant in the Philippines
Turboden S.p.A., a Mitsubishi Heavy Industries Group Company announced the successful operational launch of the 28.9 MWe geothermal power plant at the Energy Development Corporation’s (EDC) Palayan Bayan expansion project.
Indonesia supplies electricity to meet needs in PNG border: Jokowi
Indonesian President Joko Widodo (Jokowi) appointed state-owned electricity company PT PLN to officially supply the electricity network in the Wutung border area, Papua New Guinea (PNG), to support local community activities.
Malaysia is well positioned as a promising regional hub for CCUS
Malaysia is well positioned as a promising regional hub for carbon capture, utilisation and storage (CCUS), contributing to sustainable practices in the oil and gas sector as highlighted in National Energy Transition Roadmay (NETR), MIDF Amanah Investment Bank said.
Vietnam renewable energy firms to benefit from direct purchase agreements
Vietnam’s renewable energy developers, especially those with projects located near industrial parks, economic zones and export processing zones, are likely to win big with the newly approved mechanism for direct power purchase agreement (DPPA), say analysts.