Clean Energy News

20 April 2021

Thailand floats hydro-solar projects for its dams as fossil fuel supplement

Thailand is close to completing one the world's biggest floating hydro-solar hybrid projects on the surface of a dam, a step toward boosting renewable energy production after years of criticism for reliance on fossil fuels. About 144,417 solar panels are being installed on a reservoir in the northeast province of Ubon Ratchathani, where workers are completing the last of seven solar farms covering 300 acres (121 hectares) of water. The state-run Electricity Generation Authority of Thailand (EGAT) is touting the pilot project as one of the world's largest hybrid hydro-solar power ventures and aims to replicate it at eight more dams over the next 16 years.

20 April 2021

Philippines touted as 2nd best investment destination for renewables in SE Asia — report

THE Philippines is the second best investment destination for renewable energy (RE) in Southeast Asia with resources that can generate up to 3,000 gigawatts (GW), and a “highly-liberalized” active spot market, according to a report from HSBC Global Research.

17 April 2021

Vietnam’s largest wind power plant goes into operation

Trung Nam, Vietnam’s largest wind farm, officially came into operation in Loi Hai and Bac Phong Communes, Thuan Bac District of South-Central Ninh Thuan Province. This Trungnam group project, combined with a 204 megawatt (MW) solar power plant, forms a unique complex of solar and wind energy farms in the nation and in Southeast Asia. The solar-wind power park complex will supply a total of 950 million kilowatt hours (kWh) per year to the electricity grid of the Southeast Asian country.

15 April 2021

Facebook partners CleanMax to move to 100% renewable energy in India 

Facebook has partnered with CleanMax in a view to move to 100 per cent renewable energy in India as part of its sustainability efforts. Under the agreement, Facebook and CleanMax will assemble a portfolio of wind and solar projects, supplying renewable power into India’s electrical grid, in states where the social networking giant's facilities are also present, a statement said on Thursday. 

13 April 2021

Renewables are booming in Vietnam. Will the upswing last? 

Vietnam's upcoming power development plan is set to scale up its trajectory towards clean energy. Experts say the plan's success will depend on energy planners' ability to integrate renewables into the power system. 

12 April 2021

Bangladesh launches first green bond 

With the World Bank celebrating the success of a solar home system installation program which has provided electricity to an estimated 20 million people, an NGO has floated a near-$12 million environmental investment which could drive further PV capacity. 

12 April 2021

Indonesia's Pertamina eyes green finance with focus on geothermal projects 

Indonesia’s national oil and gas company is planning to issue its maiden green bonds within 12 months as it moves to secure funds to progress its renewable energy projects, in particular geothermal developments. In addition to the planned green bonds, subsidiary Pertamina Geothermal Energy has plans for its initial public offering plus there is the potential for a merger of the three Indonesian state-owned geothermal players. 

10 April 2021

Vietnam Smashes 2020 Solar Capacity Records 

Once again Vietnam has set another local record in its solar sector. This time it is for rooftop solar installation. At the end of 2020, the country’s rooftop solar installations added 9.3 gigawatts (GW) to its national grid. Vietnam outdid itself with a new record by creating an eight-fold increase in rooftop solar by the end of December 2020 from only 378 megawatts (MW) in 2019. What is more jaw-dropping is that 6 GW out of the 9.3 GW was built in the last month of 2020; when the solar rooftop feed-in-tariff from the government was about to expire.    

7 April 2021

Vietnam plans more solar, wind power cuts 

Vietnam is set to cut up to 1.74 billion kilowatt-hours of renewable energy in the second half this year to deal with national grid overload. A plan proposed by the National Load Dispatch Center (NLDC), under the national utility Vietnam Electricity (EVN) intends to cut 180 million kilowatt-hours per month in the third quarter and 350-400 million kilowatt-hours per month in the last quarter. This time frame corresponds with the expected third and further quarter annual flooding in the northern, and central-southern regions, respectively, when hydropower power supply would increase.