News

June 4, 2020
Wind energy can power a green recovery for Asia

The global COVID-19 outbreak has impacted the health and wellbeing of millions of people, creating unprecedented economic and social challenges, disrupting business and supply chain operations and affecting 2.7 billion workers globally… It is only through the lens of “re-building better” for the future, investing in low-carbon technologies and accelerating the energy transition that we can ensure lasting and sustainable economic recovery. A global green recovery is the only pathway to a more resilient future. And in this time of crisis, the wind industry has a vital role to play as a strategic partner for governments to stimulate economic growth and enable job creation while upholding emissions targets to meet our climate goals.

June 4, 2020
Malaysia launches 1 GW solar tender

Malaysia’s Ministry of Energy and Natural Resources has announced the fourth round of the nation’s Large Scale Solar (LSS) procurement scheme will open on Sunday. The ministry tweeted, the maximum size of projects eligible has been halved, from 100 MW to 50 MW, to enable more developers to participate. Each developer will be limited to a maximum of three bids. Half of the available capacity will be for 10-30 MW projects with the balance for larger facilities and successful applicants will have until the end of 2023 to get their plants connected to the grid. The Malaysian government has already held three procurement rounds under the national tender program.

June 4, 2020
nValid seals PPA for 76-MW solar project in Laos

Renewables developer nValid Precision Engineering Pte Ltd has signed a power purchase agreement (PPA) with Electricite du Laos (EdL) that will result in the construction of an up to 76-MWp solar power plant in Laos. This will be the first utility-scale solar photovoltaic (PV) facility in the Lao People's Democratic Republic, nValid said in a statement, adding that it also marks the start of a growing solar PV pipeline to be developed in Southeast Asia over the next three to five years. The portfolio will include not only ground-mounted projects, but also rooftop installations and floating solar arrays in Laos, Cambodia, Vietnam and Myanmar.

June 4, 2020
COVID-19 intensifies the urgency to expand sustainable energy solutions worldwide

Despite accelerated progress over the past decade, the world will fall short of ensuring universal access to affordable, reliable, sustainable, and modern energy by 2030 unless efforts are scaled up significantly, reveals the new Tracking SDG 7: The Energy Progress Report released today by the International Energy Agency (IEA) the International Renewable Energy Agency (IRENA), the United Nations Statistics Division (UNSD), the World Bank, and the World Health Organization (WHO). According to the report, significant progress had been made on various aspects of the Sustainable Development Goal (SDG) 7 prior to the start of the COVID-19 crisis.

May 28, 2020
Australia’s Power Ledger inks Thailand digital energy trading deal

Western Australian headquartered blockchain cryptocurrency and energy trading platform Power Ledger has signed a deal to establish a digital energy trading business in Thailand, in partnership with Thai Digital Energy Development (TDED). Under the partnership Power Ledger and TDED - a subsidiary of Thailand's Provincial Electricity Authority (PEA) and renewable power company BCPG Group - will jointly create a blockchain-based digital energy business developing peer-to-peer energy trading and environmental commodity trading solutions in Thailand.

May 28, 2020
Vietnam has potential for 160 GW of offshore wind energy

The Danish Energy Agency (DEA) and the Vietnamese Electricity and Renewable Energy Authority are working together on input for a roadmap for offshore wind power development in the south-east Asian country that has estimated potential for 160 GW. The report aims to help the Vietnamese government take steps to streamline the development process for wind farm projects. The efforts were discussed at a webinar organised by DEA and the Vietnamese authorities today, which included participants from the Vietnamese Ministry of Industry and Trade, Electricity and Renewable Energy Authority and representatives from Vietnam’s four coastal provinces.

May 28, 2020
A rushed reach for the sun in Myanmar

Myanmar is rushing ahead with a major solar power initiative amid the Covid-19 pandemic, giving potential investors just a month to submit bids and raising questions about the tender’s intent and viability. The Ministry of Electricity and Energy published a notice on its official Facebook page dated May 18 inviting companies to submit pre-qualifying bids to construct solar energy plants on a 20-year concession basis. The ministry will buy power from 30 “designated connection points” on a build-operate-own basis, according to the announcement.

May 28, 2020
Can Asia be the world’s first region to achieve energy transformation for all?

Charlotte Hugman, Climate & Energy Benchmark Research Analyst at the World Benchmarking Alliance, ponders if Asia can be the world’s first region to achieve energy transformation for all. When a national economy cannot largely detach itself from heavily polluting industries, it can be significantly more challenging to decarbonise. Asia is one such region where the energy question remains highly complex and delicate...But, if done right, it is an opportunity for Asia to become the model for global decarbonisation and energy transformation.

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