Asia – Pacific – The Leading Solar Magazine In India

Mattan Engineering launches RM285m solar power plant

November 15, 2019 Anand Gupta

MATTAN Engineering Sdn Bhd has launched its RM285 million large-scale solar 50MWac photovoltaic (PV) generation facility in Rembau, Negri Sembilan. The project, which was completed in January this year, has a 21-year power purchase agreement with Tenaga Nasional Bhd. The renewable energy (RE)-based facility’s construction cost was partially financed by Malaysia Building Society Bhd. “We […]

Asia - Pacific

Solarvest IPO oversubscribed by 35 times

November 15, 2019 Anand Gupta

KUALA LUMPUR: Solarvest Holdings Bhd said today its initial public offering’s (IPO) Malaysian public portion was oversubscribed by about 35 times after 10,205 applications for 708.32 million new shares were received for the 19.53 million new shares allocated. Solar-photovoltaic specialist Solarvest’s IPO for its Bursa Malaysia ACE Market listing involves a public issue of 98.83 […]

Asia - Pacific

Japan’s JERA in talks on Taiwan’s Formosa 3 offshore wind project

November 15, 2019 Anand Gupta

The world’s biggest buyer of LNG reported net profit of $1.26 billion for the period from April to September, backed by strong earnings from its LNG trading operation TOKYO: Japanese power generator JERA is in talks with Macquarie Capital to buy close to a half stake in Taiwan’s Formosa 3 offshore wind project, its president […]

Asia - Pacific

Column: China, India are both the problem and solution for coal, climate change

November 14, 2019 Anand Gupta

LAUNCESTON, Australia: One thing becomes absolutely clear when reading the IEA’s latest World Energy Outlook; if the world is to have even the remotest chance of making its climate goals, then China and India are going to have to do something about their coal use. The International Energy Agency’s report said coal is responsible for […]

Asia - Pacific

ADB Secures GCF Funding for Innovative Climate Finance Fund in Shandong, PRC

November 14, 2019 Anand Gupta

MANILA, PHILIPPINES: The Green Climate Fund (GCF) today approved $100 million in funding for an Asian Development Bank (ADB) project in Shandong province in the People’s Republic of China (PRC) that will showcase new ways to mobilize private, institutional, and commercial financing for climate change mitigation and adaptation. This is the first GCF funding for […]

Asia - Pacific

Gov’t agencies to launch Mindanao solar-powered water project

November 14, 2019 Anand Gupta

DAVAO CITY: Various government agencies will launch the Mindanao Water Supply and Irrigation Systems Project here on December 6, the Mindanao Development Authority (MinDA) said on Wednesday. In a press statement, MinDa said the project will be launched in partnership with the Department of the Interior and Local Government (DILG), Development Bank of the Philippines […]

Asia - Pacific

Six Villages in Naga Self – Administered Zone to go solar

November 14, 2019 Anand Gupta

Arrangements are being made to go solar in six villages in Naga Self-Administered Zone, according to an official from Sagaing Region Department of Rural Development. The expense for the installation of solar in the villages will be undertaken with the funds of regional government. A total of 164 households_ 84 households in four villages in […]

Asia - Pacific

Plus Solar is one of the top nominees for EY’s 2019 Entrepreneur of the Year Award

November 14, 2019 Anand Gupta

In Plus Solar, we believe in powering sustainable growth. Recently, our co-founders Ko Chuan Zhen, Ryan Oh Zhi Kang and Poh Tyng Huei were selected as one of the top nominees for EY’s “Entrepreneur of the Year-2019 Malaysia’s Top Nominees” for the category of “Emerging Entrepreneur”. Not only was this recognition acknowledged by Plus Solar, […]

Asia - Pacific

Prime minister inaugurates 7 power plants

November 14, 2019 Anand Gupta

As of Wednesday, Bangladesh’s electricity generation capacity reached a total of 22,562MW Prime Minister Sheikh Hasina has inaugurated seven new power plants, which added 790MW of electricity to the national grid. She launched the newly-constructed power plants through a video conference, from her official residence Ganobhaban on Wednesday. The seven power plants are: Anwara 300MW […]

Asia - Pacific

Vietnam is the leading solar photovoltaic market in ASEAN

November 13, 2019 Anand Gupta

Vietnam leading ASEAN’s solar PV market. With the International Monetary Fund (IMF) expecting Vietnam’s economy to grow by 6.5 percent in 2019 and 2020, it is only natural that one of the region’s fastest growing countries is turning towards renewable energy to secure its energy needs. What is not normal, though, is the pace in […]