The Philippine government, in an attempt to adjust to the new post Coronavirus investment paradigm, announced that it plans to modify the existing legislation regarding renewable energy (RE) projects. At the moment, the government allows a 60:40 equity arrangement,...
Singapore-based Cleantech Solar, a leading commercial and industrial focused solar PV (photovoltaic) developer with operations across Asia, has secured a USD 75 million green loan from ING Bank NV, Singapore Branch (ING). This is the largest green loan in the Asia...
In June 2020, it was announced that the first large scale floating solar power facility in Thailand, with a capacity of 12.5 MW, had started supplying power to the national grid. The announcement was made by JA Solar, a leading Chinese manufacturer of high-performance...
Chan May LNG JSC, which has American and Vietnamese investors, will develop and operate a power plant in Hue, with a generation capacity of 4,000 MW. It will consist of a liquefied natural gas (LNG) port for loading and off-loading, an on-shore LNG terminal, and a...
An Indonesian state-owned company, PT Geo Dipa Energi (GDE) is to receive USD 300 Million from Asian Development Bank (ADB). The fund will be used to expand its geothermal power generation capacity by 110 MW through the construction and commissioning of two geothermal...
The Malaysian Energy and Natural Resources Ministry via the Energy Commission (EC) has announced this year’s competitive bidding for the development of a 1,000 MW Large-Scale Solar (LSS) photovoltaic (PV) power plant (LSSPV) in Peninsular Malaysia. Applications are...
Vivant Corporation, a Philippine-based holding company that is focused on energy generation and distribution services, announced that it has awarded two new solar project contracts to Malaysian solar energy system specialist Solarvest. This marks the maiden entry of...
FueLNG, a joint venture between Keppel Offshore & Marine (Keppel O&M) and Shell Eastern Petroleum (Pte) Ltd, announced the launch of Singapore’s first LNG bunkering vessel on 1 June 2020. The construction of the 7500 cubic meter LNG bunkering vessel is on...
The Thai government has started granting licenses to private sector entities as it liberalizes its gas market and aims to position the country as a regional liquified natural gas (LNG) trading hub. This follows the grant of a license to state-owned utility, the...
In June 2020, a new 550 MW solar project was announced to be built in Luning County, in Vietnam’s Pingfu province. It will be built by China Power Construction Group, which has entered into an agreement with Thailand’s Super Energy. No completion date has been...
The Danish Energy Agency (DEA) and the Vietnamese Electricity and Renewable Energy Authority are working together to prepare an Input to Roadmap report for offshore wind development in Vietnam. In May 2020, the Danish Energy Agency and Vietnamese authorities organized...
On April 22, Daewoo Engineering & Construction (Daewoo E&C) signed on as the main contractor for the Tangguh Expansion Ph2 project, an Indonesian LNG liquefaction plant project, located in the Bintuni Bay area of Papua Barat, western Indonesia. Tangguh...
