A Frenchman is credited with being the first to discover the photovoltaic effect that produces electricity from sunlight. The first solar panel was built in the US. But when Abu Dhabi decided to build the world’s largest individual solar power project, they looked east for help. The country partnered with Chinese and Japanese companies to construct a facility, which opened this year, with a peak capacity of ...

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 ...

Vestas has developed a customised solution for a 50 MW intertidal project in Bạc Liêu Province, Vietnam for the local EPC construction company Bac Phuong JSC. Vestas will supervise the installation of the turbines in shallow waters close to shore in the Mekong Delta region to exploit the full potential of the region’s favorable wind conditions. The company will work closely with the customer in order to ove ...

STANDARD Chartered has pulled financing for three coal-fired power plants in South-east Asia amid a global push to cut greenhouse gas emissions, throwing into doubt projects worth an estimated US$7 billion and piling pressure on the coal industry. Banks and investors are facing pressure from environmental groups to stop funding power projects fired by the polluting fossil fuel, seen as a major risk to globa ...

The role of hydropower in creating a South Asia regional electricity market is significant. There is a need for regional planning for harnessing of natural resources. By RV Shahi  South Asia, with a population of 1.89 billion—about 24% of global population—is one of the most underdeveloped regions of the world. Its development is linked to mutual cooperation and following a well-orchestrated strat ...

In the United States, coal, that supervillain of fossil-fuels, is in a death spiral. But on a global scale, there’s no spiral, just an arrow pointing to Asia. Turns out coal isn’t dying; it’s moving. A report out Tuesday from the International Energy Association reveals the extent to which coal has provided the power for Asian countries like Indonesia and Vietnam as their economic growth pulls millions out ...

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 ...

Kazakhstan's Zhanatas wind power plant, the largest of its kind in Central Asia, will get loans of 46.7 million U.S. dollars from the Asian Infrastructure Investment Bank (AIIB). The 100 megawatt wind power plant, located in south Kazakhstan's Zhambyl Region, is the first project funded by the AIIB in Kazakhstan. Upon completion, it will deliver electricity of approximately 319 GWh per year, according to a ...

Energy demand in Asia will double ten years from now, according to the Asian Development Bank (ADB). Enhancing renewable energy usage in Asia will be vital, which investors, energy providers, and the World Green Organisation (WGO) discussed at the 2nd ESG forum organized by the Asset Events. Despite sustainability being top of the agenda for many Asian governments, corporates and investors, coal remains one ...

State Grid Corp. of China has agreed to acquire a 49% stake in Oman’s state-owned power transmission company in the first major privatization by the Middle East’s largest non-OPEC oil producer. The Chinese state-owned company announced the deal on its website Monday, without providing any financial details. The statement confirmed an earlier Bloomberg News report. State Grid will buy the stake in a transact ...