Home Tag "MYANMAR"

Off-grid areas in Myanmar to enjoy solar power

A total of 450,000 people in rural Myanmar can expect to receive access to electricity following an agreement between the government and World Bank. The two parties have agreed to channel US$3.5 million in funds towards generating solar energy in off-grid areas of the country. “Getting electricity with solar technology in off-grid areas is important […]

EBRD, GCF & CIFs Funding Solar Plant in Kazakhstan

Turning on the Lights for 450,000 People in Rural Myanmar

More than 450,000 people in rural Myanmar are expected to gain access to clean energy for the first time following the signing of a grant agreement between the World Bank Group and the Government of Myanmar. The Results-Based Financing for Off-grid Solar grant agreement, worth US$3.45 million, is co-funded by the Global Partnership for Results […]

LONGi joined Climate Week NYC 2020 in global efforts to achieve a net-zero world

Myanmar to invite tenders for solar power: MOEE

The Ministry of Electricity and Energy (MOEE) will invite local and foreign investors to tender for a solar power plant project, said U Soe Myint, Deputy Permanent Secretary at the ministry. The Independent Power Plant should be able to generate 1000 megawatts of solar power, which the government would purchase based on a 20-year Build-Operate-Own […]

LONGi joined Climate Week NYC 2020 in global efforts to achieve a net-zero world

Yoma’s green power project delivers electricity to tens of thousands in Myanmar

Yoma Micro Power has set up its 250th solar-hybrid power plant in rural Myanmar, with the innovative renewable energy plants expected to deliver power for the first time to an estimated 25,000 people across the country, according to a press release. Under a unique business model, Yoma Micro Power uses the solar-hybrid plants to generate […]

EBRD, GCF & CIFs Funding Solar Plant in Kazakhstan

ADB, European Union, and ASEAN Countries Partner to Boost Green Infrastructure

BRUSSELS, BELGIUM: The European Union (EU) announced today it is preparing to support the Association of Southeast Asian Nations’ (ASEAN) Catalytic Green Finance Facility (ACGF) with €50 million ($54.9 million) to help governments prepare and catalyze public and private financing for climate-friendly infrastructure projects across Southeast Asia. Launched in April 2019 and managed by the […]

LONGi joined Climate Week NYC 2020 in global efforts to achieve a net-zero world

Myanmar has only achieved 50% electrification, according to State Counsellor

  Myanmar has achieved 50 percent of nationwide electrification in December, according to a release from Myanmar State Counsellor Office on Friday. Myanmar State Counsellor Aung San Suu Kyi addressed the opening ceremony of a solar power plant in Manaung, Rakhine state. “While our neighbouring countries have achieved 80 percent, 90 percent, and even a […]

EBRD, GCF & CIFs Funding Solar Plant in Kazakhstan

Singapore-listed Yoma in tie-up with Ayala unit for renewable energy projects in Myanmar

SINGAPORE: Myanmar-focused Yoma Strategic Holdings said on Monday (Oct 14) it will form a strategic partnership with AC Energy, the energy platform of Philippine conglomerate Ayala Corporation. The two companies are looking to establish a 50:50 joint venture (JV) to scale up Yoma Micro Power (S) Pte Ltd (YMP) and to explore developing around 200 […]

EBRD, GCF & CIFs Funding Solar Plant in Kazakhstan

ADB, Infrastructure Asia Sign Agreement to Promote Innovative and Green Finance for Sustainable Infrastructure in Southeast Asia

SINGAPORE: The Asian Development Bank (ADB) and Singapore’s Infrastructure Asia today signed a cooperation agreement to help governments in Southeast Asia adopt innovative and green finance approaches to identify and develop bankable and sustainable infrastructure projects in the region, where the annual infrastructure investment needs total $210 billion until 2030. The agreement was signed during […]

EBRD, GCF & CIFs Funding Solar Plant in Kazakhstan

Myanmar Energy Analysts Alarmed at Floating Power Plant Plans for Yangon

Yangon – Industry experts have criticized the Ministry of Electricity and Energy’s plan to produce electricity with gas and liquefied natural gas (LNG) via a floating power plant to meet the rising demand in Yangon by mid-2020. The ministry invited international bids in June for the 1,040-megawatt (MW) project. U Aye Kyaw Kyaw, secretary of […]

EBRD, GCF & CIFs Funding Solar Plant in Kazakhstan

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