Farmers in the Pangasinan province of the Philippines are all set to get an impetus in their farm productivity with a ₱3.985 million solar-powered irrigation pump (SPIP) aid, especially in Barangay Calmay-Lebueg. The project aims mainly at the agrarian reform beneficiaries (ARBs) in this community after the Department of Agrarian Reform’s (DAR) final inspection. DAR Ilocos Regional Director and Concurrent Provincial Agrarian Reform Program Officer II Ma. Ana Francisco said that the SPIP is scheduled for a turnover to the Calmay-Lebueg Farmers Irrigators Association, Inc. this year. “The facility can irrigate up to 15 hectares of farmland benefiting 21 ARBs…
Author: Saur News Desk
To contribute significantly to the electric vehicle ecosystem development and accelerate electric mobility in Indonesia, the country’s State-owned Enterprises (SOEs) have decided to focus on work in synergy. State-owned Enterprises Minister Erick Thohir disclosed this intention recently. In a recent statement, he said, “Transition towards electric vehicles will surely improve national energy security. Moreover, the effort will promote cheaper, more eco-friendly transportation in the future.” He further elaborated,” With its abundant reserves of minerals needed for electric vehicles, Indonesia will contribute significantly to electric vehicle ecosystem development by pursuing collaboration through its SOEs.” He stressed the importance of the companies’…
In order to accelerate progress toward a clean energy transition, APEC (Asia-Pacific Economic Cooperation) energy officials are strengthening cooperation while ensuring sustainable and inclusive economic growth in the Asia-Pacific region. Speaking during the group’s meeting on May 21-22, Ariadne BenAissa, the Lead Shepherd of the APEC Energy Working Group (EWG) said,”Energy is the foundation on which our economies are built, and it is what makes everything else possible.” However, she opined that the current energy systems are the primary driver of climate change, which is the greatest existential threat. The APEC region contributed to 59 percent of the global total…
London-based Corio Generation and Daewoo Engineering and Construction (Daewoo E&C) have joined hands to jointly develop offshore wind projects in South Korea. As per the MoU, Corio and Daewoo E&C have agreed to explore collaboration opportunities in developing bottom-fixed offshore wind projects. The pact will also cover all three projects in Corio’s portfolio in Busan like 200 MW Gijang, the 40 MW Cheongsapo, and the up to 96 MW Dadaepo offshore wind farms, with plans to follow further opportunities across the Asia-Pacific region. Under the agreement, Corio will develop projects, make investments and look into project management while Daewoo E&C…
Singapore based Pacific Stream Renewables has officially announced its launch as a fully integrated renewable energy platform. As per its statement, the firm is co-founded by established renewable energy veterans Carlos García García, Ignacio Miralles de Imperial and Andres Martin Buldu. The newly launched firm already has to its credit the development, construction, finance and operation of renewable energy projects in the Asia Pacific region for leading renewables companies such as X-elio, Trina Solar, Keppel, FRV, Canadian Solar, Total, and Equis. The other key management members with leading regional expertise and involved in the launch of Pacific Stream Renewables, include…
Bahrain based Investcorp, an alternative investment firm, has announced the completion of acquisition of a controlling stake in Shandong Jianuo Electronics Co. Ltd. Jianuo is based in the Shandong Province and China’s Greater Bay Area, it provides specialty premium components used in fast-growing high-end applications such as electric vehicles power management, battery charging infrastructure, solar and wind power generation, and 5G base station infrastructure. In its statement, the firm informed that Jianuo is well-positioned to benefit from the domestic and international drive for energy transition, decarbonisation and increasing automation.The firm has become a highly regarded R&D and advanced manufacturing partner…
In a move to boost renewable energy resources, Vietnam has approved the Power Development Plan VIII (PDP8). With this, it aims to aggressively develop renewable energy sources for electricity generation and reduce its dependability on coal. The plan is expected to ensure national energy security by supplying adequate electricity and to achieve the target of an average GDP growth rate of approximately 7 per cent per year over the 2021-2030 period and 6.5-7 per cent on-year over the 2031-2050 period. As per the statement, the total estimated investment for the development of power sources and transmission grids for the 2021-2030…
Following the proposal of the shareholders, China’s Evergrande New Energy Vehicle Group will dispose of two subsidiaries and will undergo restructuring, according to a firm’s filing with the Hong Kong stock exchange, recently. The filing noted that as per the recent voting done by the shareholders, more than 50% of the votes favoured the proposal raised in late April. The EV unit on April 25 announced the plan to sell two debt-laden companies to another unit under China Evergrande as part of the auto firm’s restructuring. The firm disclosed in its previous stock filing that the EV unit was expected…
The Future Energy Show & Solar Show Philippines, the largest energy event in the country, has begun on 15 and 16 May, 2023 at SMX Convention Center Manila. This aims to bring together the energy community that would draw a roadmap for the future of energy in the country. Being one of the most significant events for the sector in the Philippines, the 2023 edition is reported to be the biggest edition with over 150 global and regional leading energy solution providers. The participants include CHINT Electric Global, Enphase Energy, Trigon Asset Management, Renova, Jinko Solar, Trina Solar, Longi, Sungrow,…
TotalEnergies ENEOS has signed a pact with Golden Victory Vietnam Co., to develop a 4.6 megawatt-peak (MWp) solar photovoltaic (PV) system at its facility in Nam Dinh Province, Vietnam. With this, their total solarisation system size to 7.5 MWp. Golden Victory is one of the biggest shoes and footwear manufacturers and a key supplier for globally renowned sportswear brands. The PV system has over 7,900 of modules installed and is expected to produce approximately 5,200 megawatt-hours (MWh) of renewable electricity, annually. It would help the firm in significant cost savings for Golden Victory and reeducate company’s carbon footprint by about…