If just 0.1 per cent of Indonesia’s land area was used to generate solar energy, about 40 per cent of the energy demands of the vast archipelago of 260 million people could be met, according to data from the Solar Energy Research Institute of Singapore (SERIS). But the uptake of solar in Southeast Asia’s largest economy is lagging in a region that—despite being twice as sunny as Northern Europe—is strugglin ...
Read more ›Padaeng Expands Hydropower Investment
Padaeng Industry Public Co Ltd (PDI) plans to further expand its capacity to generate renewable energy by signing a memorandum of understanding to jointly invest in two hydropower plants in Laos with a total capacity of 114 megawatts. The investment objective is to help PDI acquire solar and hydropower plants in Asia with total capacity up to 200MW within two years. Francis Vanbellen, PDI’s managing directo ...
Read more ›Asia Faces Uniques Smart Grid Challenges
Compared to deregulated electricity markets in other parts of the world, in much of the Asia Pacific region the electricity supply industry is characterised by incumbent suppliers with exclusive rights to supply to consumers. These monopolistic suppliers are also the only permitted buyers of wholesale power from any licensed power generators. These energy supply chains constrain opportunities for new entran ...
Read more ›Storms drive $22 Billion Investment in Battery Backed Grids
Growing demand for more resilient power supplies will spur $22.3 billion of global investment in battery-backed local energy systems over the next decade, according to Navigant Research. Villages and homes in far-flung places will drive the expansion of microgrids, small-scale solar systems with batteries that can retain power until it’s needed. Navigant expects 14.9 gigawatts to be in operation in 2026, up ...
Read more ›GE Sells Water & Process Division to Suez in $3.4B Deal
Less than a week after GE struck a $2.6 billion deal with ABB for GE’s electrification business, GE Power completed the $3.4 billion sale of its lucrative water and process technologies division to multinational water management firm SUEZ. The sale of GE Water & Process Technologies, a systems and services provider of water, wastewater and process systems solutions, was completed on September 30 but ann ...
Read more ›Tesla Uses Samsung For Australian Energy Storage Project
Tesla's massive Australian energy-storage facility, which CEO Elon Musk vowed to build quickly after regional outages, will be equipped with battery cells from Samsung SDI instead of main supplier Panasonic. The decision to use Samsung SDI is a blow to Panasonic, which has its hands full with orders for electric-vehicle batteries. To meet a self-imposed deadline of 100 days, Tesla turned to the South Korean ...
Read more ›Alsons Invests $72 Million in Hydro
Alsons Consolidated Resources Inc (ACR) has approved an initial investment of $19.6 million (P1 billion) in its latest $72.7 million (P3.7 billion) renewable energy business ― the 15.1-MW Siguil Hydro Power Corp (SHPC) in the Philippines. Located at the Siguil River basin in Maasim, Saranggani Province, SHPC will be owned and controlled by ACR’s power arm Alsons Renewable Energy Corp (AREC). Construction of ...
Read more ›India’s $2.5 Billion Electrification Plan Explained
Almost one in four Indians live without electricity. The majority of those 300 million -- equivalent to the combined populations of Germany, the UK, France Italy and Australia -- live in remote rural areas, complicating previous efforts to connect households to the national grid. And whereas living standards in major Indian cities continue to rise, these rural villages remain largely impoverished -- cut off ...
Read more ›Laos Seals Malaysia Energy Deal
LAOS has agreed to sell 100 megawatts (MW) of electricity to Malaysia via Thailand's power grid in a trade deal signed this week by the involved parties, a senior Lao official has said. The energy purchase and wheeling agreement (EPWA), the first multilateral energy exchange or trade in Asean, was signed during the Asean Ministers on Energy Meeting (AMEM) in the Philippines. Under the two-year agreement, La ...
Read more ›Aquaread Asia Supporting Asia
Aquaread Asia, with a team which is based in Singapore, works closely with our authorised distributors and partners around the Asia region to provide our customers the utmost support and experience with the Aquaread products. We have an established network of experienced distributors located in Singapore, Malaysia, Thailand, Indonesia, Laos, Cambodia, Vietnam, Brunei and Philippines. We provide the full ran ...
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