Vietnam’s Offshore Wind Power Industry Attracts Danish and Norwegian Firms
During recent talks with officials from Vietnam´s Ministry of Industry and Trade (MoIT), several Danish and Norwegian companies expressed their interest to promote offshore wind power in the Southeast Asian country. The CEO of Orsted Group, the world’s biggest...
First Philippine Holdings Allots Capex for Clean and Renewable Energy Projects
First Philippine Holdings Corp. earmarked PHP 51 billion (USD 953.2 million) of its capital expenditures mainly to fund the expansion of its power generation and property businesses. According to a source, about 56% of its capex budget, or PHP 29 billion (USD 542...
Reservoir Link, AAH to Form JV Company For Energy Storage Solutions
Malaysia’s energy-related services provider, Reservoir Link Energy Bhd and investment company, ADS Asset Holdings Sdn Bhd (AAH) are forming a joint venture and shareholder agreement (JV & SA) to collaboratively co-fund, construct and develop energy storage...