ORIX to Issue the first Green Bonds in Japan
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Asia – Pacific
Vietnam retains high prices to encourage solar growth
Vietnam Electricity (EVN) has agreed to keep the current feed-in tariff of 9.35 US cents per kWh for rooftop solar power until next year as recommended by the Ministry of Industry and Trade. The ministry had said it was essential to maintain this tariff until 2021 to encourage the development of rooftop solar. The […]
BGRIM-Energy China consortium to build world’s largest hydro-floating solar project for Egat
The Nation : The consortium of BGRIM Power – Energy China , comprising B Grimm Power Plc (BGRIM) and China Energy Engineering Group Shanxi Electric Power Engineering Co Ltd. (Energy China) has signed a EPC contract to build the world’s largest hydro-floating solar hybrid project for the Electricity Generating Authority of Thailand (Egat). Under the […]
Govt. aiming to boost renewables to 50% by 2030
Says with hydro it could be higher, pipeline of projects identified Significant increase from current 10% of renewables PUCSL approval given for 150 MW solar power and 60 MW of wind power Measures are being taken to ensure 50% of Sri Lanka’s total power generation is derived from renewable energy, including large hydropower plants by […]
Japanese plastics firm shines for Asia in ranking of world’s greenest corporate giants
Japanese plastics manufacturer Sekisui Chemical is the highest ranked Asian firm in a global index of the most sustainable corporations by Canadian publisher Corporate Knights. CK’s boss says it is ‘worrying’ that there are not more Asian firms in the list. apanese firms rose up the ranks while Singaporean companies lost ground in an annual […]
China consortium to construct world’s largest solar project
The consortium of BGRIM Power – Energy China , comprising B Grimm Power Plc (BGRIM) and China Energy Engineering Group Shanxi Electric Power Engineering Co Ltd (Energy China) has signed an engineering, procurement, and construction contract to build the world’s largest hydro-floating solar hybrid project for the Electricity Generating Authority of Thailand (Egat). BGRIMM Power […]
Move underway to purchase power from solar mini-grids to save investors
The government has initiated a move to purchase electricity from solar mini-grid power projects to save investors from financial losses they have been suffering for the expansion of the national grid in off-grid project areas. According to official sources, the Power Division has recently made a decision in this regard and sent a proposal to […]
Egat, B.Grimm ink major hybrid power deal
The state-run Electricity Generating Authority of Thailand (Egat) has signed a contract with B.Grimm Power-Energy China Consortium to develop the world’s largest hydro floating solar hybrid power project at Sirindhorn dam in Ubon Ratchathani. Egat and the consortium signed the agreement on Monday evening. The project has a power capacity of 45 megawatts for the […]
South Korean power company eyes $650m renewable energy project in Indonesia
A South Korean power producer is looking to finance a hydropower plant project in Central Java that would be the coal buyer’s first renewable energy deal with Indonesia. Korea Southern Power (KOSPO) is currently reviewing a feasibility study to develop the 230-megawatt (MW) Maung hydropower plant in Banjarnegara, Central Java, with Indonesian state-owned construction firm […]
Shapoorji Pallonji to sell power project in Bangladesh, cut debt
The group’s Bhola power project in Bangladesh may be valued at around $270 mn The gas-fuelled project is being developed by Shapoorji Pallonji Infrastructure Capital Co. as an independent power producer and will help meet electricity demands of 200,000 homes in Bangladesh New Delhi : Shapoorji Pallonji group, the debt-laden construction empire run by billionaire […]