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Hanoi Smart City Project

A ceremony was held for the Nhat Tan-Noi Bai smart city project in Hanoi, earlier this week. The project is backed by the Hanoi’s People’s Committee, BRG Group, and Japan’s Sumitomo Corporation Group. It is the first smart city project in Hanoi. The project is based on smart urban planning for the Nhat Tan-Noi Bai route, which is over 11km long. The smart city project along this rou ...

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JERA Purchases 22% stake in Summit Power International for $327mln

Jera, a joint fuel-procurement venture between Tokyo Electric Power and Chubu Electric Power, has agreed to buy 22% of Bangladeshi power company Summit Power International for 35 billion yen ($327.1 million), the company said on Monday. Jera is Japan's biggest thermal power generator, but domestic power demand is declining as the population shrinks. The company plans to shore up its business by expanding in ...

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ADB $37 Mln Loan for Largest Floating Solar Project in Region

After commissioning the largest solar farm in Southeast Asia last month Vietnam is to kick its use of renewable energy to a higher level with the largest installation of floating solar photovoltaic (PV) panels in the region. A $37 million loan agreement signed October 2 between the Asian Development Bank (ADB) and Da Nhim–Ham Thuan–Da Mi Hydro Power Joint Stock Company (DHD), a subsidiary of Viet ...

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Terra Drone launches UAV AI-based solution for power asset inspection developed after inspecting over 90,000 km power lines by BVLOS

The solution suite leverages AI technologies to automate damage detection of rust on bolts, loosening of tower parts, bird’s nest etc of power transmission and distribution equipment Terra Drone Corporation, the world’s largest provider of industrial drone solutions, has launched a new UAV and AI-based solution set for the maintenance of power transmission and distribution equipment. The solution was develo ...

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Sunfire Sign Agreement with Total SA

Sunfire, a leading global cleantech company, has signed a cooperation agreement with the French major energy company Total SA. Sunfire will provide a megawatt-scale high temperature electrolyser for use in industrial environments as part of the E-CO2MET research and development project. The company will also be responsible for the integration at the site as well as the operation and maintenance of the elect ...

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Coal will still be king in Asia until at least 2027!

The rest of the world is working to transition towards renewable energy but Southeast Asia will retain the dominance of coal in its energy generation sector for at least eight more years, a new study revealed. According to CNBC, a new Wood Mackenzie study revealed that coal is expected to continue its dominance in Southeast Asia's energy sector. The product's use will keep growing until its expected sl ...

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Southeast Asia’s Largest floating Solar Plant Signs $37mn ADB Loan

 The Asian Development Bank (ADB) today signed a $37 million loan agreement with Da Nhim–Ham Thuan–Da Mi Hydro Power Joint Stock Company (DHD) to finance the installation of a 47.5 Megawatt (MW) floating photovoltaic (PV) solar powerfacility on the man-made reservoir of DHD’s existing 175 MW Da Mi hydropower plant. The project marks the first large-scale installation of floating solar PV panels in Viet Nam ...

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AC Energy Invest $20 Million in RE Projects in Asia Pacific

THE power unit of conglomerate Ayala Corp. is investing $20 million to partly finance the development, construction and operations of renewable-energy (RE) power projects in the Asia-Pacific (AsPac) region, with a goal of building a portfolio of over 1 gigawatt in the next few years. AC Energy, through AC Renewables International Pte. Ltd., will undertake these power projects together with UPC Ren ...

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Grundfos Choose Asia to Launch Distributed Pumping System

Grundfos Asia Pacific Regional Business Building Services Director Anders Christiansen with Distributed Pumping System Innovative solution for air-conditioning systems consumes up to 50% less energy than current conventional methods  Grundfos, the global leader in pump and water technologies based in Denmark, recently picked Asia to launch the industry’s first Distributed Pumping System (DPS), an innov ...

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Sarawak Aims to be Asean Power Grid Provider

Sarawak is looking at being the central provider of the Asean Power Grid as the regional powerhouse, says Deputy Chief Minister Tan Sri Datuk Amar Dr James Masing. Masing, who is also Infrastructure and Ports Development Minister, said to be able to fit into the larger regional picture, Sarawak had to reinvent itself and be at the forefront of the energy sector. “Sarawak’s resources and strategically advant ...

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