Electricity production
Renewable energy production
Foreign partners rush to take over technology product distribution chains
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New powers have appeared in the home appliance & digital product market after merger and acquisition (M&A) deals, creating new alliances. Dang Chuong Linh from the Trade Institute commented that M&A activities have been developing rapidly in both the number and scale. A report showed that 525 ...
Foreign investors acquire 36 percent stake in Vietnam's power firm
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As Vietnam works to promote renewable energy, its power sector is becoming increasingly attractive to foreign investors. In the latest deal, the International Finance Corporation, a member of the World Bank Group, has bought a 16 percent stake in Gia Lai Electricity JSC, a major hydropower ...
Incentives may come for solar power investments
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The Vietnamese Government plans to develop solar power and discuss incentives to encourage solar energy projects in the country. Government to outline incentive options for PM’s consideration as interest in solar power investments continues to rise. Increasing numbers of investors are expressing an interest in solar power ...
Cambodia’s solar sector set for bright future
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The Kingdom’s ability to produce renewable energy boosted with $30m funding from Climate Investments Funds. With almost half the population of Cambodia without access to electricity, the announcement today of $30m in funding for renewable energy projects should come as welcome news. The $8.1-billion Climate Investments Funds, ...
Strong need expected for distributed power generation
The inadequacy of transmission and distribution infrastructure and the topographical challenges in isolated islands such as those in Indonesia and the Philippines have created strong demand for distributed power generation in Southeast Asia. “Indonesia, Myanmar and the Philippines have been facing severe rolling blackouts due to ...
E5 biofuel misses sales targets
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The popularity and consumption of E5 bio-fuel remained below the government’s expectations due to inadequate support with regard to lowering its prices and ensuring supply. Nguyễn Phú Cường, director of the Ministry of Industry and Trade’s Science and Technology Department, recently said that RON A92 would ...
Mekong region could rely on 100% clean energy by 2050: WWF
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Thailand and countries in the Mekong region should be able to rely 100 per cent on renewable energy by 2050 and escape the severe impacts of climate change, a World Wildlife Fund study revealed. The WWF held a press conference in Bangkok on 24 May to ...
Ministry of Industry and Trade, GE sign MoU on wind energy cooperation
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GE, a US based global corporation on May 23 announced that it signed a Memorandum of Understanding with the Ministry of Industry and Trade on developing 1,000MW of Wind energy in Vietnam. Vietnamese President Tran Dai Quang and his US President Barack Obama witnessed the signing ...
Thailand pushes for next-generation automotive
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Thailand has stressed its desire to be the manufacturing hub for eco and hybrid vehicles. During his meeting with top executives of Japanese auto makers on 7 March, Prime Minister Gen Prayut Chan-o-cha said that these cars would pave way for the manufacturing of high-technology electric ...
Programme to focus on sustainable production
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Seventy per cent of enterprises with high energy needs and emissions and 50 per cent of industrial production establishments will apply clean and energy-saving technologies by 2020. This is the agenda of a newly approved national action programme on sustainable production and consumption for the period ...