Energy
Mega First unit secures RM634m loan for Laos hydro power project
Mega First Corporation Bhd has secured loan facilities totalling US$150mil or RM634.87mil to part finance the building of its Don Sahong hydropower project in Laos.It said on Tuesday its unit Mega First Investments (L) Ltd had entered into facility agreements with various financial institutions for club ...
Joseph Chin
PDI plans investments in two Lao hydropower plants
Padaeng Industry Public Co Ltd (PDI) plans to further expand its capacity to generate renewable energy by signing a memorandum of understanding to jointly invest in two hydropower plants in Laos with a total capacity of 114 megawatts. PDI signed an MoU with EDL-Generation Public ...
The Nation News Staff
Shell says cancels sale of Thai gas field stakes to Kuwait's KUFPEC
Royal Dutch Shell said on Wednesday it has cancelled a $900 million deal to sell its gas field stakes in Thailand to Kuwait Foreign Petroleum Exploration Company (KUFPEC). Shell and KUFPEC announced the deal in January, and it was due to be completed in the first ...
Florence Tan
Mind the hype: Despite huge potential, solar energy in SE Asia is behind a cloud
Sunny Southeast Asia has double the solar energy potential of Northern Europe, but the market hype is not living up to the reality on the ground. Thailand leads and Indonesia lags in a sector direly needed to fight climate change and meet the region’s ballooning ...
Robin Hicks
Flood control ‘lacking’
Cambodia and Vietnam currently lack a system to effectively forecast and control flooding in the Sesan and Srepok river basins, both at the national and intergovernmental level, according to a study published by the Mekong River Commission (MRC). Keep reading ...
Yesenia Amaro
ASEAN needs to double power capacity in less than 20 years
ASEAN needs to more than double its power capacity in less than 20 years to meet burgeoning demand. British energy research and consultancy group Wood Mackenzie reported last week that the region requires $500 billion worth of investment to achieve such a goal. Keep reading ...
Masayuki Yuda
Malaysia inks cross-border power deal with Thailand and Laos
Malaysia will be able to purchase up to 100mw of hydropower from Laos starting next year, thanks to the signing of the Energy Purchase of Wheeling Agreement between Malaysia, Laos and Thailand. Keep reading ...
The Malaysian Insights News Staff
China’s Mekong plans threaten disaster for countries downstream
Thirty million people depend for a living on the Mekong, the great Asian river that runs through Southeast Asia from its origins in the snowfields of Tibet to its end in the delta region of Vietnam, where it fertilizes one of the world’s richest agricultural ...
Richard Bernstein
Solar, wind advances offer Mekong countries alternatives to dams, coal: Experts
Mekong Region countries like Cambodia should reconsider their plans to expand hydropower dams and coal plants, as the costs of alternative energy sources, such as solar power, are rapidly falling, a U.S. think-tank said, while improved regional grid connections can also ease growing energy demand.Experts ...
Nem Sopheakpanha, Seourn Vathana, and Sun Narin
Faulty construction, heavy rain cause dam to flood Lao villages
Hundreds of thousands of cubic feet of muddy water have flooded eight villages in central Laos’ Xaysomboun province after the reservoir of a dam upstream burst its banks last week following heavy rain, damaging infrastructure, farmlands, and water supplies. Keep reading ...
RFA's Lao Service News Staff