Several provincial authorities in Vietnam are developing guidelines for renewables that should improve the country’s solar market, but stubbornness from the monopoly utility EVN means that the largest-scale projects remain the preserve of big risk-takers, according to a representative of international law firm Baker McKenzie.
Ho Chi Minh City-based conglomerate TTC Corp plans to start constructing three solar projects, totalling 150MW of capacity, in Vietnam in the first half of next year.
Chinese clean energy firm Linyang Energy has signed an MoU with Singapore-based solar developer Sunseap to work on distributed solar, floating solar, module supply and energy efficiency projects locally in Singapore.
Philippines-based commercial bank, BDO Unibank, has issued its first green bond investment for US$150 million to sole investor the International Finance Cooperation (IFC), to expand finance for private sector investments and to tackle climate change.
The Energy Commission of Malaysia (EC) has released the list of winning developers in its second Large-Scale Solar (LSS) tender round, offering roughly 563MWac of capacity.
A consortium involving Malaysia-based developer Cypark Renewable Energy and Revenue Vantage has won a 43.18MW (30MWac) solar PV project in Malaysia from the Energy Commission (EC), according to a filing on Bursa Malaysia.
Malaysia utility Tenaga Nasional Berhad (TNB) has received a Letter of Acceptance of Offer from the Energy Commission (EC) to develop a 45MW (30MWac) solar PV project at Bukit Selambau, Kedah, according to a filing on the website of exchange holding company Bursa Malaysia.
