Japanese Energy company, Kyushu Electric Power Group (Kyuden Group) announced that it will participate in a Microgrid Project on the islands of Palawan and Cebu in the Philippines. The Kyuden Group has formed a strategic partnership with PowerSource Group, a...
Speaking at the Singapore International Energy Week (SIEW) 2019 on 29 October, Singapore’s Minister for Trade & Industry Chan Chun Sing announced that the city state is setting a new target of deploying at least 2 Gigawatt peak (GWp) of solar energy by...
Pavilion Energy Singapore and Total Marine Fuels Global Solutions (TMFGS) signed a 10-year agreement on 26 December 2019 to jointly develop an LNG bunker supply chain in the port of Singapore. This agreement follows the Heads of Agreement inked by the two companies in...
A new waste-to-Energy plant in Thailand, with an installed capacity of 4.8 MW, started commercial operations in December 2019. The facility generates Energy from industrial waste using pyrolysis technology. The project was developed by Progress Interchem (Thailand) Co...
According to media reports, Vietnam’s Ministry of Industry and Trade (MOIT) has approved state-owned Vietnam Electricity (EVN)’s proposal to continue buying power from rooftop solar projects. In May 2019, EVN announced that it will purchase excess power generated...
The Asian Development Bank (ADB) has announced that it will invest THB 3 billion (USD 99 million) in a THB 10 billion (USD 330 million) green bond issuance from Thai Energy company, Energy Absolute. The proceeds will then support the long-term financing of the...
A USD 26.7 million non-government guarantee credit agreement has been signed between Mr Remi Genevey, Director of Asia Department of French Development Agency (AFD) and Mr Nguyen Xuan Nam, Deputy General Director of Electricity of Vietnam (EVN). This is a loan funded...
Toshiba Energy Systems & Solutions Corporation (Toshiba ESS) has won a contract with PT Inti Karya Persada Tehnik (IKPT), a leading Engineering, Procurement and Construction (EPC) company. Toshiba ESS is to supply a set of stream turbine and generator for Dieng...
Singapore-based United Overseas Bank (UOB) has launched U-Solar, the first solar industry ecosystem in Asia to power the development and adoption of renewable Energy across Southeast Asia. Through U-Solar, the bank offers a suite of financial solutions to support the...
Philippine company OrionGroup International has signed a memorandum of understanding (MOU) with US firm, Burns & McDonnell for Energy and construction projects in the Philippines valued at USD 1.2 billion. According to OrionGroup International, which specializes...
The World Bank’s Board of Executive Directors has approved a USD 150 million loan for Indonesia to scale up investments in geothermal Energy by reducing the risks of early-stage exploration. The loan is accompanied by USD 127.5 million in grants from the Green Climate...
Three ASEAN countries, namely Lao People Democratic Republic (PDR), Thailand and Malaysia (LTM) confirmed an increase in the maximum committed Energy capacity trading of the Power Integration Project (PIP) during the 37th ASEAN Ministers on Energy Meeting (AMEM) held...
