Conglomerate Ayala Corp. has gone cold for its supposed maiden solar power venture, but remains fired up with its other energy projects. John Eric Francia, group head for corporate strategy and development of Ayala Corp. and chief executive of AC Energy Holdings Inc. said the country’s oldest conglomerate has shelved a planned 35-megawatt (MW) solar farm in Davao del Sur. The Mindanao solar farm, Ayala’s fo ...

Eaton Pushes Forward with Environmental Sustainability in Asia Pacific   Power management company Eaton is cementing its leadership in sustainability across the region, as three of its Asian facilities are honored in its zero waste-to-landfill program. The three Asian sites recognized for their contribution to environmental sustainability are located in China.   Since 2010, Eaton’s facilities worldwide ...

Water-starved South Asia creates 'Rice Bucket Challenge' Water-starved South Asian nations have devised their own answer to the Ice Bucket Challenge taking the social media world by storm, instead filling buckets with rice and other supplies for the needy. Since June, thousands of people worldwide have doused themselves with a bucket of icy water, then posted a video recording of the stunt online and challe ...

Suranan Chainawawichit, 49, has lived in the Bangkok district of Phaya Thai since 2001. As it is in central Bangkok, she thought she would not have to worry about blackouts. She was wrong.  "When there is strong wind or a sign of rain, I can guess that I might need to stop working for about an hour or so if the light goes out. Sometimes it feels insecure as my business relies on electricity,”... ...

AziPac Ltd. is a newly established exploration and production company focussed on exploring for oil and gas in the maritime basins offshore the Asia Pacific region and the Bay of Bengal. AziPac is backed by Seacrest Capital Group, the global energy investor. AziPac will be headquartered in Singapore. Portfolio At launch, AziPac has secured a number of exploration licences in the Southeast Asian offshore and ...

China's government says it will open 80 projects in eight state-run industries to private and foreign investors as part of efforts to make its slowing economy more efficient ...

 Inter RAO - Engineering, a Russian engineering contractor (EPC) in the power industry, has implemented AVEVA engineering and design software and Information Management solution. Inter RAO - Engineering’s decision was based on AVEVA’s reputation for successful project implementation in Russia and abroad, the high competency level of AVEVA specialists and AVEVA’s flexible approach to meeting clients’ require ...

 Federal Minister for Planning Development and Reform, Ahsan Iqbal on Tuesday said the foreign donors are our development partners, considering their role and contribution in our development throughfinancing. He said, “We must ensure proper utilization of funds and timely completion of projects.” He said this while chaired the meeting of ‘foreign assisted PSDP projects review committee’ attended by delegati ...

US oil and gas giant ExxonMobil Corporation  intends to team up with state-owned Vietnam Oil and Gas Group – PetroVietnam – to invest about $20 billion in a gas-fired power complex, according to the Ministry of Industry and Trade sources. The project will include construction of two power plants with a combined capacity of 6,000 to 6,500 megawatts. The plants would span across 200 hectares in total, but the ...

Angelito U. Lantin, MGen senior vice-president and general manager, said the two companies have formed San Buenaventura Power Ltd. that will serve as joint venture vehicle that will develop the new power facility beside the existing 460-MW Quezon coal plant in the municipality of Mauban. “Several development activities are under way. For the selection of EPC (engineering, procurement and construction) contr ...