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Coronavirus Disrupting RE Projects

As the coronavirus outbreak rages on, renewable energy is taking a hit. Factory shutdowns in China have disrupted global supply chains for wind turbines and solar panels, with consequences for clean energy progress this year around the world. The spread of COVID-19, now declared a pandemic by the World Health Organization, is expected to slow solar energy’s rate of growth for the first time since the 1980s. ...

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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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Working from home due to Coronavirus pandemic?

I have spent many years working from home, or on travel, where ever I have an internet connection. At first, working from home is a novelty, you have all the freedom you desire, without having someone looking over your shoulder, or having to deal with office politics, but it is very easy to be distracted and lose focus on the task at hand. I have compiled my 10 top tips for ensuring that you get the most ou ...

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Counties Power uses Fugro Roames 3D technology to model electricity network

Fugro is currently delivering on a contract for electricity network owner Counties Power in New Zealand to create an accurate and dynamic virtual 3D model of their entire power network. With vegetation around powerlines causing reliability concerns, Counties Power, which supplies electricity to more than 43,000 homes, farms and businesses, is benefitting from Fugro’s Roames solution to optimise maintenance ...

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Cybersecurity critical for Asia’s Smart Cities

Civic leaders around the world are looking to automate the infrastructures that make their cities run in a drive to reduce costs and cope with rising populations. From transit networks and utilities, through to refuse collection and streetlighting, making services “smart” by connecting devices to the Internet is appealing to those managing cities and large towns. In fact, UBS predicts that Asia’s smart city ...

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Jera acquires 2GW in Formosa 3 Wind Farm

Japanese company Jera has acquired a stake in the up to 2GW Formosa 3 offshore wind farm off Taiwan for an undisclosed price. Jera now holds a 43.75% share in the project, with Macquarie’s Green Investment Group (GIG) and German developer EnBW holding 31.25% and 25%,respectively. Formosa 3 is located off Changhua county on the central-western coast of Taiwan and comprises three separate sites. GIG and EnBW ...

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Total Solar Distributed Generation Signs One of Thailand’s Largest Corporate Solar Power Purchase Agreements with Betagro

Total Solar Distributed Generation (DG) will provide agro- industrial company Betagro with solar-powered rooftops for 24 facilities across Thailand. The 25 MWp system will generate an estimated 38 GWh of renewable electricity per year, providing about 15% of the company's total power consumption. Annually, it will reduce CO2 emissions by 26,000 tons, which is equivalent to removing 4,325 cars annually. “Cus ...

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Vena energy issue $325m in green bonds

Vena Energy, one of Asia-Pacific’s leading independent power producers (IPP) and pure renewable energy company, has announced the successful issuance of a benchmark USD 325 million (5-year 3.133 percent fixed rate) green bond offering. This is the first corporate USD Green Bond issuance from a Singapore-based company. The Green Bond rated BBB- by Standard & Poor’s and listed on the Singapore Exchange, i ...

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Indonesia should use auctions & not FiT for Renewable goals

Indonesia should enact clean energy auctions, not feed-in tariffs (FiTs), to meet its renewable energy goals, according to the Institute for Energy Economics and Financial Analysis (IEEFA). In a new report out last Friday, the think tank hailed the country's recent announcement that it will replace 13GW+ of aging fossil fuel plants with clean energy as a matter of “national priority”, to drive pro ...

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GWEC Postpone event due to Covid-19

Health and safety concerns in the wake of the spread of the novel coronavirus (Covid-19) have prompted organisers of international wind power and energy summits to cancel or postpone their events. The European Chamber of Commerce Taiwan (ECCT) and the Global Wind Energy Council (GWEC) have decided to postpone the Global Offshore Wind Summit that had originally been scheduled for 21-23 April, 2020, to a date ...

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