PT PLN (Persero), Indonesia’s state-owned electricity company, has tied up with two major Chinese clean energy corporations, the State Grid Corporation of China (SGCC) and Trina Solar China, at the Indonesia-China Business Forum (ICBF). With this partnership, the firm will focus on developing new and renewable energy (NRE) in Indonesia. PLN and the Chinese corporations will work together on developing a smart grid as the backbone of clean energy electricity in Indonesia. The PLN-SGCC partnership aims at collaborative studies on utilizing renewable energy, electric power storage, power grid integration, and smart grid management to enhance the reliability, quality, and cost-effectiveness of the power…
Author: Saur News Desk
Indonesia has invited European countries to cooperate in the green economy sector to support energy transition programs and achieve the targets of lowering carbon emissions. Speaking at the 2023 Indonesia-Europe Business Forum (IEBF) in Jakarta, recently, Deputy Minister of Foreign Affairs, Pahala Nugraha Mansury, said, “I believe that Indonesia and Europe share the same view on how to advance energy transition and the green economy. We also see plenty of opportunities to cooperate in the blue economy sector in certain regions and countries.” The Indonesian government has been promoting the adoption of new economies with the objective of helping the…
ACEN Corp., the energy firm under the Ayala Group, has secured a P5-billion loan from Metropolitan Bank & Trust Co. to further expand its renewable energy portfolio. As per reports, the proceeds will be used for general corporate purposes, including but not limited to capital expenditures for RE (renewable energy) projects of the ACEN Group. ACEN did not disclose any further details about the loan but noted that it was part of its procurement of P32 billion in loans to fund renewable energy development plans. In March, ACEN said that its board had approved the procurement of additional credit facilities…
Vena Energy, Vivant Energy and Aboitiz Renewables have joined hands to develop and operate the 206 megawatts (MW) San Isidro Wind Project in Central Philippines. In its statement, Vena Energy said the Sonshore, an Isidro Wind Project will be one of the largest onshore wind projects in the country. It comprises 33 wind turbines with 6.25 MW each. The project is located in Northern Samar in the Visayas region. The project is expected to reach a financial close and start construction in the fourth quarter of 2023 and benign commercial operation in the first quarter of 2025. “Vena Energy is excited…
BayWa r.e. Solar Trade, the solar trading arm of BayWa group has launched the sale of Electric Vehicle (EV) chargers in partnership with Huawei in Thailand at the ASEAN Sustainable Energy Week 2023. As per the statement, BayWa r.e. and Huawei unveiled the EV Chargers at the Queen Sirikit National Convention Center (QSNCC) in Bangkok, officiated by Junrhey Castro, Managing Director of Solar Trade in Southeast Asia, and Nitinan Pooltananan, Business Development Manager at Huawei Digital Power Thailand. Junrhey Castro, Director of Solar Trade in SEA, said, “As a recognised leading Solar Trade Business, we are thrilled to be working together…
Indonesia is looking to build its clean energy capacity and infrastructure projects with the help of China. Indonesia will seek help from China during the upcoming Belt and Road Forum in Beijing. As per the Cabinet Minister, President Joko Widodo will attend the meeting. As per reports, acting Chief Investment Minister Erick Thohir said that any partnership with China would parallel the Just Energy Transition Partnership (JETP) – a $20 billion deal Indonesia has with a U.S.-led group of countries to help decarbonise its energy sector. “China has made great strides in renewable energy development and has massive hydropower. So,…
Located in the Philippines, Panpacific University, together with renewable energy firm WEnergy Power Pilipinas Inc., has unveiled a set of 99 solar panels at the University premises. Dr. Engelbert Pasag, the Chief Operations Officer of Panpacific University, explicated to the audience the advantages that the installation of solar panels offers. He said that such an intitiative will not only curb electricity bills at the university, but also impart knowledge to students about sustainable practices. The launch also saw the presence of Quintin Pastrana, the President of WEnergy Power Pilipinas Inc., He added that the solar panels can produce up to…
Japanese energy firm JERA has signed a pact with major power utility firm Vietnam Electricity (EVN) to jointly craft a decarbonisation roadmap for EVN. As per the agreement, the two parties will impart data and support discussions about the decarbonisation of Vietnam’s power sector, JERA said in a statement. Through the MoU, JERA will particularly focus on prioritising the thermal power sector, introducing ammonia and hydrogen to EVN thermal plants, and achieving zero carbon dioxide emissions on domestic and overseas operations. It may be noted that EVN is the major producer of electricity in Vietnam, operating 40% of the country’s…
An ambitious solar power project will soon be constructed at (BPSU ) Bataan Peninsula State University by Philko 18 Group of Companies Inc., in collaboration with BPSU and the Philippine National Oil Company (PNOC). The project, to be built at BPSU, aims to streamline the energy consumption of BPSU by harnessing the abundant solar resources in the region. As per reports, the construction phase for the solar power project is estimated to be six months for the solar panels and one year for the solar farm. The solar rooftop will produce an estimated 675 kilowatts of power, while the solar…
Civil Aviation Authority has signed a memorandum of cooperation with OQ Group and SkyNRG, a sustainable aviation fuel solutions leader based in the Netherlands, aimed at studying the development of a sustainable aviation fuel (SAF) production facility in Oman. As per the pact, the trio will leverage global expertise to set the core prerequisites of setting up an innovative facility focusing on the research of cutting-edge technologies that drive the production of SAF. The agreement was signed by Naif bin Ali al Abri, Chairman of Civil Aviation Authority; Ghaleb bin Saeed al Maamari, Vice-President of Alternative Energy at OQ Group; and Oskar Meijerink,…