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TNB To Boost Renewables

The government is targeting to grow renewable energy’s (RE) proportion of generation mix from the current 2% to 20% by 2025-2030, amid escalating prices of fuel to supply the electricity industry. This bodes well with the electricity supply industry (ESI), now grappling with the escalating global coal price. Eventually, this new target might allow for more stable tariffs in the future, analysts said. Some 5 ...

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TEPCO Acquire Stake in Coc San Hydro Plant Vietnam

Tokyo Electric Power Company Holdings Inc (TYO:9501), or TEPCO, announced today that it has acquired a minority stake in the 29.7-MW Coc San hydropower plant (HPP) in Vietnam. TEPCO said in a statement it has bought 36.38% of the shares in Singapore-based Viet Hydro Pte Ltd, which is the majority owner of the company that operates the plant, namely Lao Cai Renewable Energy JSC (LCRE). Separately, InfraCo As ...

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Reneum Platform Launches

Sindicatum Blockchain Technologies launches renewable energy investment platform Reneum Singapore-headquartered Sindicatum Blockchain Technologies today launched its Reneum platform at the Paris Peace Forum. Reneum’s aim is to mobilise additional investments in renewable energy of $100bn by 2030, when 60 per cent of the world’s energy use should come from renewable sources if we don’t want to all fry from c ...

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Singapore Leads ASEAN in Embracing Green Energy

Singapore takes the lead in embracing green energy across ASEAN: report Rising energy consumption and cost pressures continue to hinder the region's sustainability efforts, the report said. Singapore is setting an example across ASEAN as it takes the lead in embracing green energy following its moves to transform itself into a trading hub for LNGs, according to Capgemini’s 2018 World Energy Markets Observat ...

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MAN Energy Solutions Develops Presence in Finland

MAN Energy Solutions Takes Next Step in Developing Presence in Finland MAN Energy Solutions has won the contract to design and deliver an LNG regasification terminal for the Forchem company in Rauma. Forchem, an innovative and industry-leading company producing chemical and Animal feed products from tall oil, has chosen to convert the boiler for generating steam for the refinery processin to natural gas/ bi ...

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