Lithuanian President Daila Grybauskaite is scheduled to visit Indonesia on Wednesday (17/05) to meet with President Joko "Jokowi" Widodo and discuss bilateral cooperation. Foreign Affairs Ministry spokesman Arrmanatha Nasir said on Friday (12/05) that the leaders will discuss opportunities in increasing economic cooperation, especially in trade, as Indonesia is interested in gaining access to the Lithuanian ...

Foreign Minister Fumio Kishida and Vietnamese Deputy Prime Minister Pham Binh Minh said their countries will cooperate further on infrastructure projects in areas such as urban development and energy. Kishida said he and Minh also pledged when they met Monday in Tokyo to promote free trade, including under the Trans-Pacific Partnership free trade pact, of which both Japan and Vietnam are signatories. The fu ...

The Asian Development Bank (ADB) estimates that developing Asia will need to invest $800 billion in water and sanitation infrastructure between 2016-2030. These massive investment needs make efficient financing mechanisms all the more crucial. The national asset holding company model being used in Malaysia is one that could be usefully replicated and adapted to generate low-cost, long-term financing for oth ...

A few weeks ago, Indonesia’s government approved the Energy and Mineral Resources Minister Decree (MD) No. 12/2017, altering the calculation method for the renewable power projects’ feed-in tariff (FIT). So, whereas before the FITs were set by the government, the MD No.12/2017 allows the FITs to be the result of negotiation between the country’s state-owned power utility PLN and independent power producers ...

The Vietnamese power industry is undergoing an unprecedented transformation, and navigating it requires a full understanding of the entire energy ecosystem, experts say. At a conference titled “Powering Viet Nam” held in Ha Noi on Thursday, they said it was necessary to consider optimum exploitation of all power sources and deploy new technologies in storing and distributing it. Leaders of US multinational ...

For the past two decades, China has been in the midst of an unprecedented dam-building boom, developing over 300 gigawatts (GW) of hydropower. But coal-fuelled development in many of its cities has left them choking from air pollution and lent urgency to alternatives such as solar, wind, nuclear and hydropower. China has the world’s largest potential hydropower resource and could develop around 540 GW, as p ...

The plant will be using the largest turbines ever to be installed in the country. Singapore-based renewable energy developer The Blue Circle and a Vietnamese partner started construction on an $80 million wind power plant in Vietnam's south-central province of Ninh Thuan on Friday. The Blue Circle, one of Southeast Asia's leading wind energy developers, is building the 40-megawatt Dam Nai plant with Vietnam ...

Indonesia plans to overhaul its energy policy to attract investment of as much as $200 billion over the next decade, as the former Organization of the Petroleum Exporting Countries (Opec) member seeks to reverse a decline in its crude-oil production. The amendments to the energy policy, once approved by President Joko Widodo, will allow explorers various financial incentives, including tax-free import of dr ...

Symbior Solar and Paragon Group Granted 10MWp Solar PV Project in Bangladesh as First in Their Joint Pipeline Symbior Solar (“Symbior”), a leading developer of solar PV power plants in Asia, and Paragon Group (“Paragon”), a leading Agro-based industrial group in Bangladesh, announced today that they received a Letter of Acceptance (“LoA”) for 8MWac or approximately 10MWp to be installed in Tetulia in the no ...

China will lead growth in global wind power capacity of almost 65 percent over the next five years, with other Asian countries also developing more renewable energy, the Global Wind Energy Council said. Cumulative wind energy capacity was 487 gigawatts at the end of 2016, a 12.6 percent rise from the year before and should grow by almost 65 percent to 800 gigawatts by the end of 2021, the council said in it ...