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TTC Invests $1 Billion in 1GW Solar Vietnam

Vietnamese conglomerate TTC Group is now seeking investors for 10 to 20 projects, with plans to connect them to the grid by next year. The Ho Chi Minh City-based industrial group is willing to provide up to 30% of the necessary investment, according to Bloomberg and local media outlets. It said recently introduced policies to support PV development have finally brought development costs to a level that can ...

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Vietnam Looks to Increase Renewables

Vietnam needs a long-term renewable energy development vision in line with international commitments to improve its economic efficiency and environmental quality, mitigate climate change and modernise industries. Experts made the suggestion at a recent workshop on energy transition in connection with social equity held by the Central Institute for Economic Management (CIEM). They said the vision will help p ...

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China’s Clean Energy Ambitions

As the United States was withdrawing from the Paris climate pact, China's clean energy ambitions were being reflected in the launch of the world's largest floating solar farm. The 40-megawatt power plant has 160,000 panels resting on a lake that emerged after the collapse of a coal mine in central Anhui province. It is part of Beijing's effort to wean itself off a fossil fuel dependency that has made it the ...

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Singapore’s Cybersecurity Act Will Improve Utilities Security

Cybersecurity Act in Singapore set to improve security culture across Asian utilities, says Black & Veatch Singapore (9 June 2017) – Singapore’s upcoming Cybersecurity Act* is expected to heighten levels of cyber risk awareness among water, power and oil & gas utilities in Singapore and in other parts of Asia, according to a Black & Veatch security expert. “As we’ve seen across the world’s banki ...

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South East Asia, The Hottest Solar Market!!

Investors are increasingly excited about the prospects for much faster growth in the solar power industry in Southeast Asia, which has until now been a backwater for renewable energy. They say that the region is in a perfect position to benefit from rapidly declining prices in solar panels. It has strong economic growth, relatively high costs of electricity and a shortage from traditional sources, undevelop ...

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MWM Cogeneration Plant for Richgro’s Jandakot Facility

In March 2016, a cogeneration power plant with MWM gas engine was installed in Jandakot near the coastal city of Perth, Australia, as part of Australia's first anaerobic digestion plant. Jandakot is the location of the headquarters and production facilities of Richgro, Australia's market leader in the field of biological fertilizers and compost products. Through the combustion of locally produced biogas, th ...

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800MW Phu Cuong Project Formalized

Seven months after it was first proposed the massive 800 megawatt Vietnamese Phu Cuong Wind Farm has been officially formalized under a $2 billion Joint Development Agreement between GE Renewable Energy, Mainstream Renewable Power, and local Vietnamese partner, the Phu Cuong Group. GE Renewable Energy announced on the last day of May that it had signed a formal $2 billion Joint Development Agreement (JDA) b ...

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Voith & CTG Enhance Cooperation

Voith and China Three Gorges Corporation (CTG) enhance their cooperation in the hydropower business Berlin, Germany: On 1 June 2017, Chinese Premier Li Keqiang and German Chancellor Angela Merkel together witnessed Mr. Lu Chun (Chairman of China Three Gorges Corporation) and Dr. Hubert Lienhard (President and CEO of Voith Group) signing an agreement in Berlin, Germany, which enhances their further strategic ...

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