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Week In ASEAN: Solar Philippines and Medco Energie Inks PPA for 50 MW Solar Farm; And More

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Solar Philippines and Medco Energie Inks PPA for 50 MW Solar Farm

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Filipino-owned Solar Philippines (SP) and its joint venture partner Medco Energi Inc. (Medco) inked a power purchase agreement (PPA) with Indonesia’s state-owned power utility PT Perusahaan Listrik Negara (PLN) for a 50-megawatt solar farm venture to be sited in Bali. The power supply pact will be for a duration of 20 years. The solar farm will comprise 25MW installation in East Bali and the other 25MW development in West Bali. Project construction is expected to start next year. For that deal in Indonesia, Solar Philippines has given its subsidiary – Solar Philippines Nueva Ecija Corporation (SPNEC) – an option “to subscribe for SP’s share in the JV, in which it holds 49 percent.”

Sembcorp Breaks Ground for New Sustainable Industrial Park Concept, VSIP Binh Duong III

Sembcorp Development, a wholly-owned subsidiary of Sembcorp Industries, held the groundbreaking ceremony for the third expansion of the Vietnam Singapore Industrial Park in Binh Duong Province of Vietnam, referred to as VSIP Binh Duong III. The ceremony was witnessed by Vietnam Prime Minister Pham Minh Chinh, signifying the continued support of the Vietnamese government for the well-established VSIP projects as a driver of industrial development in the country. The project’s groundbreaking follows the recent presentation of the investment licence to Sembcorp during the Vietnamese President’s state visit to Singapore in February 2022.

Cleantech Solar Commissions 1 MW Rooftop Solar PV System For Senior Aerospace in Thailand

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Cleantech Solar has commissioned a 1 MW on-site rooftop solar PV system at the manufacturing facility of Senior Aerospace Thailand in Laem Chabang. The project provides solar power to Senior Aerospace under a long-term Power Purchase Agreement (PPA), signed between Senior Aerospace (Thailand) Ltd., a subsidiary of Senior plc – an international manufacturer of high-technology components and systems for the principal original equipment manufacturers in the worldwide aerospace, defense, land vehicle, and power & energy markets, and Cleantech Solar, a leading provider of renewable energy solutions to corporations in Southeast Asia and India.

Black & Veatch, The Green Solutions Sign MoU to Advance Green Energy Production in Vietnam

Black & Veatch and The Green Solutions (TGS) have signed a Memorandum of Understanding (MoU) to advance the production and supply of green hydrogen and green ammonia in Vietnam. Specializing in renewable energy project development, manufacturing, and services, TGS leads efforts to harness green energy in Vietnam for the manufacture of green hydrogen and green ammonia. Black & Veatch, a global leader in hydrogen energy development, brings its vast expertise in clean energy technologies and ammonia processing to the project team. Under the MoU, Black & Veatch and TGS are targeting to produce 180,000 tons of green ammonia and 30,000 tons of green hydrogen per year to support regional decarbonization efforts.

SP Group Partners CJ Olivenetworks Vina To Expand Vietnam Rooftop Solar Portfolio

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SP Group (SP) and CJ OliveNetworks Vina Co. (CJONS) announced a partnership to boost Vietnam’s clean energy transformation through the development of rooftop solar projects. SP, a leading utilities group and sustainable energy solutions provider in Singapore and the Asia Pacific, and CJ ONS, a subsidiary of South Korea’s CJ OliveNetworks in Vietnam, signed a memorandum of understanding (MOU) to jointly invest, build, and develop up to 50 Megawatt-peak (MWp) of rooftop solar projects across Vietnam over the next two years. The partnership has secured its first project to install and operate 2.5MWp of rooftop solar for a CJ Vina Agri Co Ltd (CJ Agri) manufacturing plant by June 2022. The agreements were signed by Mr. Phat Nguyen, Managing Director of Vietnam, SP Group, Mr. Jang Myung Soo, Chief Executive Officer, CJ ONS, and Mr. Nam Ki Don, General Director, CJ Vina Agri.

NEFIN Group Joins Forces with Mondelēz International To Install Rooftop Solar at Its Plants

Carbon neutrality solutions provider, NEFIN Group announced its partnership with global snacking giant, Mondelēz International (Malaysia) to install solar panels on the roof of its manufacturing plants in Shah Alam, Selangor, and Prai, Pulau Pinang. Having pioneered several industrial rooftop solar systems for multinational companies across the Asia Pacific, the partnership is set to accelerate Mondelēz’s sustainability efforts by reducing its environmental impact through renewable energy. As a global leader in snacking with operations in more than 150 countries, Mondelēz International is paving the way to a new more sustainable future, by creating snacks the right way for both people and the planet to love. 

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Vena Energy Partners with MGreen for 68 MW Solar Projects in Philippines

Vena Energy, Asia-Pacific’s leading renewable energy company, announced that it has entered into a joint-venture agreement with Meralco Renewable Energy Inc (MGreen) for the development of the 68 MW “Garcia 2” Solar Project, located in the municipality of Currimao in Ilocos Norte in the Philippines. The Garcia 2 Solar Project is expected to commence operations in the first quarter of 2023. The Garcia 2 Solar Project will feature 157,000 photovoltaic solar panels spanning a total area of 85 hectares, capable of satisfying the annual electricity requirements of up to 132,103 local households while reducing approximately 124,468 tonnes of greenhouse gas emissions, and saving an estimated 138 million litres of water compared to thermal energy generation.

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