The south-east Asian country of Laos is bullish on wind energy as it seeks to add to the country’s sustainability and strengthen the power export portfolio. In the latest development, the Laos Government and energy firms are looking to invest more than $2 billion for the development of wind energy of 1.2 GW in Lako area, Sepon District, Savannakhet Province. A memorandum of understanding (MoU) was signed between Laos’ Deputy Minister of Planning and Investment, Sathabandith Insisiengma, Savan Vayu Renewable Company and LTM Lao Company to examine if the wind power projects could be developed in the region. The companies…
Author: Saur News Bureau
The Ministry of Agriculture and Cooperative of Thailand has announced plans to install solar power panels on at least one million of farms as a pilot project. With this move, the Ministry is targeting to reduce electricity bills of farmers by 20-30 per cent in next 15-20 years. Deputy Agriculture Minister Praphat Phothasuthon says that Thailand, like other countries, is facing an energy crisis owing to rising fuel prices. Sri Lanka, another littoral in the Indian Ocean that counts on tourism revenues as a key inflow, already has an economic emergency declared in the country. The ministry will issue a…
Vietnam-headquartered Boviet Solar has signed a contract with a renewable energy provider to supply 255 MW of PV Modules for a utility-scale solar project in the United States. It has a 1.5 GW Monocrystalline PERC Cell & Module Manufacturing capacity. Boviet Solar makes monocrystalline wafer technology integrated with PERC, half-cut, multi-busbar, Monofacial, and Bifacial PV with large cell design, and strong manufactured modules. Since 2019, Boviet Solar’s modules have been on the top performance list of PVEL, and since 2017,it has been on the Tier 1 product title list given by BloombergNEF, claims the company. The developer picked PERC Monocrystalline…
NovaWind JSC and representatives of An Xuan Energy JSC have signed an agreement on cooperation in the implementation of a project for the construction of a wind farm. NovaWind JSC is a division of Rosatom State Corporation for wind energy generation based in Moscow, Russia. The company was founded in 2017. The official statement revealed that the agreement is aimed at organizing cooperation within the framework of the construction of a 128 MW wind farm in the Vietnamese province of Son La, located in the north-west of the country. The pact was signed by Nguyen Quang Luan, CEO of An…
Danish utility and global offshore wind leader Ørsted has declared that it has signed a memorandum of understanding (MoU) with Vietnamese energy contractor PetroVietnam Technical Services Corporation Mechanical & Construction (PTSC M&C). This partnership will pave the way for a collaboration for the development of offshore wind projects in Vietnam and globally between the two companies. The officials statement says that the MoU brings together 30 years of experience of Ørsted of developing, building and operating offshore wind farms. PTSC M&C claims to have a strong expertise and track record in the development of energy infrastructure in the Asia-Pacific region.…
Real estate solutions provider KCN Vietnam and leading French multinational TotalEnergies have entered into a strategic partnership by signing a Memorandum of Understanding (MOU). Both parties have agreed that TotalEnergies would be the exclusive solar energy provider on the rooftops of KCN Vietnam properties. With current and pipeline projects combined, the properties of KCN Vietnam will provide approximately 610,000 square meters of roof space and 280,000 square meters of solar panels. It has been agreed between the two companies that TotalEnergies will operate and maintain the solar panel system for 20 years. Once the solar panels are installed on the…
China-based solar company Risen Energy Co. Ltd yesterday announced its first investment in Southeast Asia, with the aim to produce 3GW of high-efficiency photovoltaic modules to meet growing global demand. The company is expanding its global footprint by opening its latest production base in Kulim Hi-Tech Park, Kedah, Malaysia, in response to the strong support and facilitation provided by the government. Risen Energy has projected to invest a total of RM42.2 billion. This includes capex and operational expenditure over 15 years to undertake design and development activity, and manufacturing of solar cells and solar modules. The facility’s construction at Kulim…
Global conglomerate Samsung SDI has announced that it will invest $1.3 billion in setting up of cylindrical battery lines in Malaysia by the end of this decade to realize its ambition to become a global top tier company. A novel ceremony was held for the construction of a second battery production unit in Seremban, Malaysia. The new facility will be equipped with the state-of-art tools and innovations to step up the product line. The project will be completed by 2025 in a phased manner. The company informed that the mass-production of PRiMX 21700 cylindrical batteries at the manufacturing unit at…
The developer of large-scale turnkey PV plants worldwide, ib vogt has achieved commercial operation (COD) of the 116 MWp Coara Marang Solar Project, in consortium with its Malaysian joint venture partner, Coara Solar Sdn Bhd. COD was reached on September 17, 2022, providing clean solar energy from the photovoltaic plant to the Malaysian electricity grid. The project had already signed a 21-year Power Purchase Agreement (PPA) in June 2020 with the Tenaga Nasional Berhad (TNB), Malaysia’s largest electricity utility. The project was developed along with ib vogt’s Malaysian project partner, Coara Solar, under the third round of the Large Scale…
A new study by the the International Renewable Energy Agency (IRENA) states that Indonesia’s untapped potential for renewable energy can help meet the growing demand and prove to be more cost effective when compared to its dependence on domestic and imported fossil fuels. The report entitled Indonesia Energy Transition Outlook, which has been jointly put forth by by IRENA and the Indonesian Ministry of Energy and Mineral Resources, offers an outlook on the long-term energy pathway for facilitating the transition to a more sustainable system focused on renewable energy. “Energy transition is very important for Indonesia, and we are committed…