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$2.5 Billion Renewable fund for South East Asia

A RENEWABLE-ENERGY fund will invest more than $2.5 billion in Southeast Asian renewable energy projects to support the region’s recovery from the pandemic, with a focus on the Philippines, Vietnam and Indonesia. In a statement issued Monday, the South East Asia Clean Energy Facility (SEACEF) said it will offer high-risk venture capital-type funding initiative to “fill the gap” in financing early-stage clean ...

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KEPCO to build 2 coal plants in Indonesia

SEOUL -- At a board meeting of Korea Electric Power Corporation (KEPCO), a state electricity company in South Korea, commercial interests were put first to endorse an equity investment in the construction of two coal-fired power plants in Indonesia where environmental harm caused by coal-fired power plants has caused serious public concern. KEPCO said the board of directors approved a 15 percent equity inve ...

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Canopy Power and EDF to Jointly Develop Renewable Energy Microgrids in Asia

Singapore-based microgrid specialist Canopy Power and leading French energy company EDF begin a partnership, which will initiate new business opportunities in renewable energy microgrid projects. Canopy Power and Electricité de France (EDF) have signed a cooperation agreement to develop microgrid projects in the region, based on a jointly devised market offering. Both companies are confident that this coope ...

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CLP awards Fugro second Super Typhoon consultancy project

Following Fugro’s successful completion of the Super Typhoon Phase 1 project in 2017, CLP Power Hong Kong Limited (CLP) has awarded Fugro a sizeable contract for Super Typhoon Phase 2. This new consultancy project involves uprating and reinforcing the circuit lines of CLP’s 400 kV transmission overhead line (OHL) network in Hong Kong and nearby Shenzhen. Super typhoons, storms that reach sustained wind ...

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Electricity consumption breaking records in Vietnam

Electricity consumption capacity in Vietnam recorded an all-time high of 38,800 MW on Tuesday, according to Vietnam Electricity Corporation (EVN). The consumption capacity on the national grid reached the record level at around 2 p.m. Tuesday, breaking the previous high of 38,147 MW achieved in June last year. Electricity consumption capacity on the grid also hit new heights in northern Vietnam, at 19,500 M ...

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12 things to know about Renewables in Asia

ADB partners with the private sector to develop utility-scale renewable energy projects to provide reliable, affordable, and clean electricity across Asia and the Pacific. 12 Things to Know: The Rise of Renewable Energy in Asia and the Pacific Asia and the Pacific must meet its rapidly-growing energy demands using clean energy that safeguards the environment and spurs action on climate change. Acr ...

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Cleantech Solar and ING Sign APAC’s Largest Commercial Rooftop Solar Project

Cleantech Solar, one of the largest commercial and industrial (C&I) focused solar PV developers in Asia, has secured a US$75 million green loan from ING Bank N.V., Singapore Branch (ING). ING was the sole Mandated Lead Arranger and Green Structuring Advisor. This is the largest green loan in Asia Pacific to date in the C&I renewables sector, with the proceeds used to finance Cleantech Solar’s expans ...

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MAN Energy Solutions Publishes Corporate Responsibility Report 2019

MAN Energy Solutions has published its Corporate Responsibility Report 2019 under the title ‘Building a sustainable future’. In it, the company renews its commitment to a consistent focus on sustainable and low-emission solutions in the coming years, and provides an overview of the progress made. "Even if all events are currently overshadowed by the Covid-19 pandemic, we must not forget a subject that will ...

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Vestas win 50MW Wind Project in Vietnam

Vestas has secured a contract to supply turbines and engineering, procurement and construction (EPC) services for a 48MW intertidal wind project in Vietnam. The company will provide a full turnkey solution, spanning delivery, installation and commissioning of 12 V150-4.2MW turbines delivered in 4.0MW operating mode, as well as the project’s civil and electrical work. Construction of the Tra Vinh V1-3 projec ...

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Keppel and Mitsubishi Heavy Industries to Jointly Explore Hydrogen-Powered Tri-Generation Plant Concept for Data Centres in Singapore

Keppel Data Centres Holding Pte Ltd (Keppel Data Centres) and Mitsubishi Heavy Industries Asia Pacific Pte. Ltd. (MHI-AP) have inked a memorandum of understanding (MOU) to jointly explore the implementation of the hydrogen powered tri-generation plant concept for data centres in Singapore. Together, the parties will study how a hydrogen powered tri-generation plant-supported data centre can meet the expandi ...

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