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Three Singapore firms to invest $100m in Southeast Asian renewables projects
Projects in the Philippines, Indonesia, and Myanmar are already in the pipeline for financing. Singapore-based firms WEnergy Global, ICMG Partners, and Greenway Grid Global (GGG),…
TTC Group launches Vietnam’s largest solar plant
The 49MW plant is expected to supply 103 million kWh per year and power 47,000 families. The TTC Group and Gia Lai Electricity JSC (GEC),…
TNB bags $35.10m for 30MW solar project
Malaysian utility Tenaga Nasional Berhad (TNB) bagged $35.10m (RM144m) to finance its second large scale solar project in Kedah, Malaysia which has a generation capacity…
Philippine conglomerate Aboitiz eyes selling electricity to $4.4b iron and steel project
It could sell 300MW to 600MW of power. Aboitiz Power, the power unit of Philippine conglomerate Aboitiz Group, has plans to sell electricity to the…
Glow Energy expects to sell 124MW co-generation plant in Q1
Five utilities have lined up to buy the plant valued at around $188.47m. Thailand utility and ENGIE subsidiary Glow Energy eyes a deal to sell…
Vietnam abandons net-metering method for rooftop solar projects
Buyers now need to directly pay for the electricity they receive from sellers. Vietnam will change the trading method for rooftop solar projects by replacing…
HD Bank supports 210-MW solar project in Vietnam
Vietnamese conglomerate Sao Mai Group last week announced a partnership agreement with domestic lender HD Bank to finance an up to 210-MW solar project. The…
Tenaga reaches fin close on 30-MW solar project in Malaysia
Malaysian utility Tenaga Nasional Bhd (KLSE:TENAGA), or TNB, will get MYR 144 million (USD 35.2m/EUR 30.5m) in financial support for a 30-MW solar project in…
TNB boosts 755kW of projects in Malaysian island
TNB will rehabilitate a hydro station and install solar panels on the island’s jetty. The subsidiary of Malaysian utility Tenaga Nasional Berhad (TNB), TNB Energy…
Banpu eyes shipping 2 million tonnes of coal to Vietnam in 2019
The country is the 10th largest destination of its coal exports. Thailand’s Banpu eyes shipping 2 million tonnes of coal to Vietnam buyers in 2019,…
