Jera, a joint fuel-procurement venture between Tokyo Electric Power and Chubu Electric Power, has agreed to buy 22% of Bangladeshi power company Summit Power International for 35 billion yen ($327.1 million), the company said on Monday. Jera is Japan's biggest thermal power generator, but domestic power demand is declining as the population shrinks. The company plans to shore up its business by expanding in ...

After commissioning the largest solar farm in Southeast Asia last month Vietnam is to kick its use of renewable energy to a higher level with the largest installation of floating solar photovoltaic (PV) panels in the region. A $37 million loan agreement signed October 2 between the Asian Development Bank (ADB) and Da Nhim–Ham Thuan–Da Mi Hydro Power Joint Stock Company (DHD), a subsidiary of Viet ...

The solution suite leverages AI technologies to automate damage detection of rust on bolts, loosening of tower parts, bird’s nest etc of power transmission and distribution equipment Terra Drone Corporation, the world’s largest provider of industrial drone solutions, has launched a new UAV and AI-based solution set for the maintenance of power transmission and distribution equipment. The solution was develo ...

Sunfire, a leading global cleantech company, has signed a cooperation agreement with the French major energy company Total SA. Sunfire will provide a megawatt-scale high temperature electrolyser for use in industrial environments as part of the E-CO2MET research and development project. The company will also be responsible for the integration at the site as well as the operation and maintenance of the elect ...

The rest of the world is working to transition towards renewable energy but Southeast Asia will retain the dominance of coal in its energy generation sector for at least eight more years, a new study revealed. According to CNBC, a new Wood Mackenzie study revealed that coal is expected to continue its dominance in Southeast Asia's energy sector. The product's use will keep growing until its expected sl ...

 The Asian Development Bank (ADB) today signed a $37 million loan agreement with Da Nhim–Ham Thuan–Da Mi Hydro Power Joint Stock Company (DHD) to finance the installation of a 47.5 Megawatt (MW) floating photovoltaic (PV) solar powerfacility on the man-made reservoir of DHD’s existing 175 MW Da Mi hydropower plant. The project marks the first large-scale installation of floating solar PV panels in Viet Nam ...

THE power unit of conglomerate Ayala Corp. is investing $20 million to partly finance the development, construction and operations of renewable-energy (RE) power projects in the Asia-Pacific (AsPac) region, with a goal of building a portfolio of over 1 gigawatt in the next few years. AC Energy, through AC Renewables International Pte. Ltd., will undertake these power projects together with UPC Ren ...

Grundfos Asia Pacific Regional Business Building Services Director Anders Christiansen with Distributed Pumping System Innovative solution for air-conditioning systems consumes up to 50% less energy than current conventional methods  Grundfos, the global leader in pump and water technologies based in Denmark, recently picked Asia to launch the industry’s first Distributed Pumping System (DPS), an innov ...

Sarawak is looking at being the central provider of the Asean Power Grid as the regional powerhouse, says Deputy Chief Minister Tan Sri Datuk Amar Dr James Masing. Masing, who is also Infrastructure and Ports Development Minister, said to be able to fit into the larger regional picture, Sarawak had to reinvent itself and be at the forefront of the energy sector. “Sarawak’s resources and strategically advant ...

Coal is still a dominant fuel in the rapidly growing economies of Southeast Asia, even amid a general global move toward cleaner energy sources, data from several recent reports show. “The narrative surrounding coal has been pessimistic across the world. This will result in the gradual slowdown of new coal-fired capacity in Southeast Asia,” said Jacqueline Tao, research associate at Wood Mackenzie, a commod ...