Week In ASEAN: Sembcorp, Bamboo Capital Plan 1.5 GW of Renewables in Vietnam; And More

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Sembcorp, Bamboo Capital Plan 1.5 GW of Renewables in Vietnam

Sembcorp Utilities, a wholly-owned subsidiary of Sembcorp Industries Sembcorp Ind has signed a collaboration agreement with BCG Energy, a wholly-owned subsidiary of Vietnam’s Bamboo Capital Group, to develop renewable energy projects in Vietnam. Under the collaboration, the companies will “leverage each other’s strengths and resources” to jointly develop up to 1.5 gigawatts (GW) of wind and solar projects in Vietnam, Sembcorp said in a bourse filing. The first phase will involve initial funding of US$30 million to develop a 550-megawatt portfolio of utility-scale nearshore and onshore wind assets in the Ca Mau, Tra Vinh, and Soc Trang provinces. BCG Energy has secured the projects, which are expected to come online by the end of 2022.

Cleantech Solar Successfully Deploys 2 MW On-Site Solar PV System For Barry Callebaut in Malaysia

Cleantech Solar has commissioned a 2 MW rooftop solar PV system at one of Barry Callebaut’s biggest cocoa facilities in the Asia Pacific. The project was delivered under a long-term power purchase agreement (PPA) signed between Barry Callebaut Manufacturing Malaysia, a 100% subsidiary of the Barry Callebaut Group, the world’s leading manufacturer of high-quality chocolate and cocoa products, and Cleantech Solar, a leading provider of renewable energy solutions to corporations in Southeast Asia and India.

SP Group Partners With Banpu NEXT For Clean Energy Solutions Across The Asia Pacific

Banpu NEXT and SP Group signed a memorandum of understanding (MoU) to collaborate on developing clean energy solutions in the Asia Pacific – led by Mrs. Somruedee Chaimongkol Chief Executive Officer of Banpu and Banpu NEXT and Mr. Stanley Huang, Group Chief Executive Officer of SP Group are the signatories, Mr. James Rama Phataminviphas, Group Senior Vice President – Energy Technology, Mr. Suwit Pruckwattananon, Senior Vice President – External Relations of Banpu NEXT, Mr. Brandon Chia, Managing Director, SEA & Australia, Sustainable Energy Solutions, SP Group, and Mr. John Chng, Director, SEA & Australia, Sustainable Energy Solutions, SP Group are the witnesses.

Solar An Alternatives to Philippines Energy Mix, Says Gatchalian

Senator Sherwin Gatchalian is looking at nuclear and solar energy as an alternative or additional energy source for the Philippines. Gatchalian, head of the Senate Energy Committee, stated that he prefers “in principle” smaller nuclear reactors over larger ones for flexibility and safety. In accordance with him, small nuclear power plants will be more adaptable and secure to use, as their deployment will be made easy and will come with technology to handle nuclear waste. He believes that nuclear energy can play a crucial role in the transition towards clean energy, as it is emission-free, but it comes with the danger of storing its waste and if there is a problem, the cost will be prohibitively expensive. However, smaller nuclear plants are still undergoing the development phase, he remarked in a radio interview on Monday.

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