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APAC Countries Not on Track to Reach Sustainable Goals

A new United Nations report has warned that countries in the Asia and Pacific region are not on track to achieve any of the 17 sustainable development goals (SDGs) and are in some cases even going in the “wrong direction”. The United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) published on Wednesday a progress report on the global targets to be achieved in 10 years’ time. Data ...

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Next Energy First Investment in Thailand

Nexif Energy, the Singapore-headquartered Asian and Australian power firm, announced that it had secured debt facility and partnership agreements for a 92-MW gas-fired co-generation project in Thailand, the company’s first investment in the country. Debt funding for the project is provided by a consortium composed of Kasikornbank Public Company Ltd, Sumitomo Mitsui Banking Corporation, and Standard Chartere ...

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Coronavirus Slowing Chinese Projects in Asia

From an artificial island in Sri Lanka to a bridge in Bangladesh and hydropower projects in Nepal and Indonesia, China’s trillion-dollar Belt and Road plan is stuttering under the effects of the deadly coronavirus. The outbreak that emerged in China in late December and spread to dozens of countries has cut off the Chinese labour supplies and equipment imports needed to keep major infrastructure projects ru ...

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Attracting investment in Hydro Power

 Hydropower is a strategic industry in Central Asia, as industrial production is developing and digitalization is ongoing in the region. How to attract investment in the hydropower sector, improve cooperation and develop green energy in the region? These issues were discussed by the participants of the international congress "Hydropower Central Asia and Caspian 2020" held in Bishkek, Kyrgyzstan on Febr ...

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Hydropower to help Nepal reduce deficit with India

The cooperation between India and Nepal in the hydropower sector would help the Himalayan nation, blessed with enormous hydel potential, reduce huge trade deficit with India, a top Indian diplomat said on Monday. Charge d''Affaires of Embassy of India, Nepal Ajay Kumar while addressing a programme organised by Nepal India Friendship Society in Kathmandu to mark the 71st Republic Day of India said the relati ...

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Worlds largest hydro/solar floating power project Thailand

The consortium of BGRIM Power – Energy China , comprising  B Grimm Power Plc (BGRIM) and China Energy Engineering Group Shanxi Electric Power Engineering Co Ltd. (Energy China) has signed a EPC contract to build the world’s largest hydro-floating solar hybrid project for the Electricity Generating Authority of Thailand (Egat). BGRIMM Power – Energy China consortium as selected bidder with the deal wort ...

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Limiting climate change by switching to hydropower

Human activities currently consume close to 150,000 terawatt-hours of energy each year – 25 times more than in 1800. Today’s energy supplies are largely derived from fossil fuels, which have been proved to contribute significantly to climate change. “It's clear that they are great pollutants,” Eddie Rich, CEO of International Hydropower Association, a non-profit organisation working to advance sustainable h ...

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Thai Hydro run-off dam met with reservation

The hydro-electric power plant planned in Luang Prabang will not have any big transboundary impact on Thailand, said the head of Laos' Department of Energy Policy and Planning, who argued that with Thailand's support, the project stands to benefit everyone. Department chief Chansaveng Buongnong said hydro-electric power generation lies at the heart of Laos' core economic development strategy due to the abun ...

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Sarawaks plans new Borneo power grid

KUCHING: Federal government is seeking to increase Malaysia’s target of renewable energy generation to 20 per cent in the next six years to improve on the energy trilemma of security, reliability and affordability.Regionally, Asean has set out to make 23 per cent of its primary energy renewable by 2025, compared to 9.4 per cent in 2014, five years ago, in tandem with global megatrends in population gro ...

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Denham Capital Buy 2 Hydropower projects in Vietnam

A Denham Capital venture acquired 94% of the equity in Song Giang Hydropower JSC, which owns two hydropower projects in Vietnam with a combined 49 megawatts of capacity. Nexif Energy, which Denham formed in 2015 with Singapore’s Nexif Pte, will get the 37-megawatt Song Giang 2 plant, which has been operating in Khanh Hoa province since December 2014, as well as the 12-megawatt Song Giang 1 plant under const ...

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