- Renewables
15 October 2021
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- Vietnam
Investors in wind power projects are racing to complete construction this month to enjoy an incentive feed-in tariff, but face procedural hurdles and those caused by Covid-19.
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Investors in wind power projects are racing to complete construction this month to enjoy an incentive feed-in tariff, but face procedural hurdles and those caused by Covid-19.
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MANILA, Philippines — The Department of Energy (DOE) is pushing for the further development of hydropower resources to boost the country’s renewable energy supply.
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IN the past few weeks, there have been a steadily increasing number of alarming reports of energy price and supply problems in other parts of the world, in particular Europe, China, India, South America and the US. As it is the tendency of the Philippines — the government, the media and the public alike — to ignore a global crisis until it walks up and pokes them in the eye (see coronavirus pandemic), the spreading calamity has barely entered anyone’s awareness, let alone made any kind of impression. There is not much anyone here can do to forestall the coming disaster, but we can perhaps at least avoid being blindsided by it and take a few mitigating steps.
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BACOLOD CITY – A lawmaker from Negros Occidental has urged the Energy Regulatory Commission (ERC) to review pricing regulations in the Wholesale Electricity Spot Market (WESM) on the heels of higher power rates experienced by Negrense consumers.
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French company EDF Renewables has made an undisclosed investment into a rooftop solar power developer subsidiary of VinaCapital, seeking to profit from the booming industry in Vietnam.
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The Philippines must turn to renewable sources to solve its energy crisis, environmental experts urge, as the country comes under pressure from big corporations to buy into liquefied natural gas (LNG).
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Two Chinese-backed LNG (liquefied natural gas) power plants in Yangon have halted operations since July as they have become financially unsustainable, signaling that Myanmar’s commercial capital could be in for more frequent blackouts.
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The Asian Development Bank (ADB) will boost its climate financing goals by US$20 billion to a new target of $100 billion for the 2019-2030 period, and aims to launch its concept for retiring coal-fired power plants at the COP26 climate conference in Scotland next month, the lender’s chief said on Tuesday.