The withdrawal, a part of its master restructuring plan, will ensure that EVN concentrates on its core business of power production and trading to better serve society and the economy. The targeted companies include An Binh Bank (ABBank), An Binh Securities (ABS), Global Insurance Corporation (GIC), and Saigon Vina Real Estate Company (Land Saigon). The Central Power Real Estate Joint Stock Company (Land Mi ...

A ceremony was held on Monday launching the 35 megawatt Photovoltaic (PV) Power Plant of the local government of Marawi City and Lim Solar Philippines Venture, costing P4.7 billion.

The plant, will rise in Marawi City's sprawling 30-hectare newly-converted industrial land.

Various sectoral representatives attended the ground-breaking ceremony and laying of the time capsule, among them from officials and s ...

Solar Schools officially launched New Zealand’s first solar crowd funding initiative for schools today with the installation of a 60 panel Photovoltaic (PV) system at Henley School in Nelson. Solar Schools is a collaboration between the Nelson Environment Centre, SolarCity, and the Nelson Building Society (NBS). All schools around New Zealand can register with Solar Schools, whose team will tailor the best ...

The Asian Development Bank says it will spend around $438 million over the next three years on improving transport in the Pacific region. Transport routes from the Pacific to overseas markets are among the world's longest. Its 2013 Pacific Transport Update, released on Monday, says transport investment will be crucial in meeting the development challenges of the Pacific. Robert Guild, director of Pacific Tr ...

Taiwan and Mongolia signed a memorandum of understanding on renewable energy development Feb. 17 in Taipei City, paving the way toward greater cooperation between the two nations. Under the memorandum, both sides will establish joint strategic partnerships on renewable energy in the Asia-Pacific and forge institutionalized collaboration spanning energy audit and efficiency management, as well as solar and w ...

A subsidiary of Singapore-based Navigat Group said on Monday it had begun supplying power under a purchasing agreement that will be the template for future deals by Myanmar, which has one of the lowest electrification rates in Asia. MAXpower (Thaketa) Co Ltd said it spent $35 million building a 50MW gas-fired plant in a suburb of the main city, Yangon, becoming the first entirely foreign-owned company to en ...

John Kerry, the US Secretary of State, has stressed the importance of tackling climate change in a speech in Indonesia, saying that it may be the world's "most fearsome" weapon of mass destruction. Kerry, who delivered the speech on Sunday in the capital, Jakarta, spoke critically about climate change sceptics adding that everyone and every country must take responsibility and act immediately. "We simply do ...

‘Signature in the Skies’ is set to visit India in April 2015 Come early next year and Indians will witness a spectacle in the skies as world's first day and night flying solar-powered wide bodied aircraft will fly into India as part of its round the globe journey. Termed as ‘Signature in the Skies,’ the flying laboratory will provide Indian clean energy and aviation enthusiasts a lifetime experience. Switze ...

It is expected that transformation in the key areas of capacity augmentation and distribution grid automation will drive the transmission and distribution sector in the Asia Pacific region for the year. 2014: Investments in T&D Network Rides Heavily on Expanding Capacity Additions Asia Pacific’s growing demand for electricity is likely to increase power generation by 4.1% in 2014. This needs to be activ ...

Buoyant peak power demand, favorable coal prices and a resurgent Southeast Asian economy are likely to drive investments in the Asia Pacific power generation industry for 2014. 2014: Peak Power Demand Remains Buoyant due to Sustained Economic Growth The rising electricity demand is likely to augment power generation in the Asia Pacific (APAC) region by 4.1% in 2014. As per the IMF's outlook, Indonesia, Mala ...