Myanmar faces a critical moment for investment decision-making. The Barack Obama administration's move to lift sanctions on the Southeast Asian country has opened up new opportunities. But the moves that are made today will send political and economic ripples into the future, and the international community must act responsibly. China wants to finance a 3,600-megawatt hydropower dam called Myitsone -- one o ...

Phoenix Solar AG (ISIN DE000A0BVU93), a leading international photovoltaic system integrator listed on the official market (Prime Standard) of the Frankfurt Stock Exchange, has acquired the outstanding minority shares in its Singapore based subsidiary Phoenix Solar Pte Ltd. They were held by a group of former directors of this enterprise. After the transaction Phoenix Solar AG will own 100 per cent of the c ...

With construction expected to commence this year in the Solok Selatan region in West Sumatra province, the project will provide employment opportunities to 1,200 people and support local businesses during the 30-month construction period. Indonesia has around 40 percent of the world’s geothermal reserves, estimated at 28,000 MW, making it an important resource for the country to achieve its commitments to r ...

Equis Asia Fund II has awarded the engineering, procurement and construction (EPC) and operations and maintenance (O&M) contracts for its Indonesian wind farm, Tolo I to a consortium featuring Siemens Wind Power, PT Siemens Indonesia and PT Pembangunan Perumahan (Persero). The contracts were given through Equis’ Indonesian platform Redaya Energi and PT Energi Bayu Jeneponto. Located in Jeneponto in the ...

Thammasat University (TU), Thailand's second-oldest university, has launched an initiative to install solar panels on its rooftops for intra-campus electricity generating with the goal of reaching overall production of 15 megawatts by the end of 2017, the biggest among all universities in Asia and the fourth-largest in the world. Professor Dr. Somkit Lertpaithoon, Thammasat University rector, said the move ...

Pakistan needs massive investment in energy infrastructure as the country endures one of the region’s highest numbers of power outages, causing heavy losses to industry, said the Asian Development Bank (ADB) on Tuesday. The ADB, in a report, said Pakistan faces 31 power outages in a typical month – a little better as compared to 51 in Nepal and 65 in Bangladesh. “On average, firms in developing Asia experie ...

Despite another banner year for renewables growth in China, the country’s grid is still struggling to bring clean electricity to consumers. The problem is so serious in China’s north and west that turbines were forced to sit idle for much of 2016. In response, China’s policymakers are now turning to energy storage to boost the grid’s ability to accommodate wind and solar power. CARBON & CLIMATE Business ...

Vestas has split its Asian sales unit in two, with one focusing on China and Mongolia, and the other to serve the rest of the Asian-Pacific region. As a result of the split, Vestas' senior vice president of Asia-Pacific and China Chris Beaufait has left the company. "Chris has successfully led our daily operations in [Asia-Pacific] since April 2014 and grown the region to a point where creating two new [sal ...

Upon completion, it can handle over 40 percent of daily waste volume from Vietnam’s largest city Australia's Trisun Green Energy Co has secured approval to build a $520-million waste treatment plant outside Ho Chi Minh City, according to the municipal government. The Sydney-based firm will apply plasma gasification technology in the plant to burn 3,000 tons of garbage per day, equivalent to more than 40 per ...

LABOR is pledging today to make Australia the energy capital of Asia with a massive renewal of its commitment to renewable power sources. In a direct challenge to the Coalition’s coal-based political campaign, Labor would relegate fossil fuels to a secondary power sources. And it is calling on Prime Minister Malcolm Turnbull to join a major promotion of wind and solar investment. The objective would be to g ...