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Week In ASEAN: Arctech Shows in Future Energy Show Vietnam, Leading APAC’s Top Solar; Mara In Discussions With TNB For Installation Of Solar Energy Panels; And More 

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growatt01-08-2022

Mara In Discussions With Tenaga Nasional Bhd For Installation Of Solar Energy Panels 

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MAJLI​​​​S Amanah Rakyat (Mara) is currently in discussions with Tenaga Nasional Bhd, (TNB), to discuss a possible collaboration in the installation of solar energy panels in Maktab Rendah Sains Mara (MRSM), stated Rural Development Minister Datuk Seri Mahdzir Khalid. He stated that this was in keeping with the country’s ambition to increase its renewable energy capacity to 25% by 2025 and to also allow the country to explore other sources of energy and optimize them. “Among the strategies is we have discussed Mara for a possible cooperation with TNB in order to install solar panels on the roof in Mara building beginning from MRSM in an effort to reduce the energy usage,” he stated in a press conference. He pointed out that renewable energy was a crucial strategy to combat climate change and global heating, which have a negative effect on the planet.

Arctech Shows in Future Energy Show Vietnam, Leading APAC’s Top Solar

On July 13th and 14th, 2022, Arctech, the world’s leading tracking, racking, and BIPV solutions provider introduced its flagship 1p & 2P solar tracking solution namely SkyLine II and SkySmart II, as well as its BIPV solution during Future Energy Show in Vietnam. The largest energy event in Vietnam returned to Ho Chi Minh City once again this July. After an absence of more than three years, owing to the COVID-19 pandemic, the event marks the first time that Vietnam’s energy leaders have been able to gather at scale since 2019. Over 4,000 solar and renewable energy experts from Vietnam and across the region have been in attendance at The Adora Convention Centre in Ho Chi Minh City, to explore the latest innovative solutions and make new connections with industry leaders and strategies for Vietnam’s energy future.

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SAM And HDF Energy Develop Renewable Energy Projects In Vietnam

The signing ceremony of the Memorandum of Understanding between HDF Energy Company and Saigon Asset Management Company (Saigon Asset Management – SAM) for the development of a chain of power generation projects from hydrogen fuel and renewable energy in Vietnam was held at the French Embassy. Attending the event were Mr Nicholas Warnery – Ambassador of the French Republic to Vietnam, Mr Laurent Chopiton – Deputy Economic Counselor, Mr Yann de Kerlivio Frollo – Deputy Director of Business France. On the side of HDF Energy Company, there were Mr Mathieu Geze – Asia Market Manager and Mr Tran Khanh Viet Dung – Business Development Manager. On the side of Saigon Fund Management Company, there were the attendance of Mr Kevin Flaherty – Managing Director and Mr Nghiem Xuan Hoang – Investment Director (Energy & Infrastructure).

G Capital Signs A Solar PPA With Muda Holdings For A 5.5 MWp Solar Project In Pulau Pinang

G Capital Berhad’s 70% owned subsidiary, Solarcity Malaysia Sdn Bhd signed a solar power purchase agreement with wholly-owned subsidiary Federal Packages Sdn Bhd of Muda Holdings Bhd to sell solar energy to Federal Packages starting at a 5.5 MWp solar asset located in Pulau Pinang. Solarcity will construct, install, own, manage, and maintain the additional solar photovoltaic generator system. It will be located at Federal Packages’ premises. G Capital stated that the PPA will run for 25 years after commercial operation. G Capital stated that the plant will be commercially operational by the first quarter 2023. GCAP’s executive director Datuk Yap Yee Ping, said, “We are pleased with another vote of confidence from Muda, evidencing our long-term RE partnership. We welcome this additional 5.5MWp (megawatt peak) award after we commissioned the 7.2MWp solar PV system to subsidiaries of Muda Holdings in 1Q 2022.”

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Vietnam Government To Study Regulations, Policies, Technology And Finance For Solar Power Projects In The Country

The Government Office sent to the Ministry of Industry and Trade and the Ministry of Natural Resources and Environment to study and consider the recommendations of the Vietnam Energy Journal on “the regulations, policies, technology and finance for wind power, solar power and gas power projects in Vietnam”. Previously, Vietnam Energy Magazine was sent to the Prime Minister, Head of the Central Economic Commission, and the Minister of Industry and Trade to report the results of the ” Performance”. The second Vietnam Clean Energy Forum – Towards carbon neutrality – Mechanisms, policies, technology and finance for wind power, solar power, and gas power projects” and some proposals and recommendations.

Aneka Jaringan And Samaiden Join Forces To Tap Solar PV Potential In Indonesia

Aneka Jaringan Holdings Berhad and Samaiden Group Berhad entered into a joint venture agreement, which will create new revenue streams for both companies via engineering, procurement, construction & commissioning (EPCC) of solar photovoltaic systems and power plants in Indonesia. This JV provides Samaiden access to the Indonesian market and allows Aneka Jaringan which already has a presence in Indonesia via its subsidiary, PT Aneka Jaringan Indonesia, to add to its value chain in a fast-growing segment. Indonesia’s renewable energy sector holds promising potential. As Southeast Asia’s largest economy and with an increasing energy demand due to its rapid development, it accounts for 40% of the energy consumption in this region. As committed to the Paris Agreement, Indonesia wants to achieve net-zero emissions by 2060 or sooner. 

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Tenaga Nasional Berhad Announces Initiatives For Net-Zero Emissions By 2050

Tenaga Nasional Berhad (TNB) announced initiatives to fast-track the pursuit of its sustainability aspiration of net zero emissions by 2050 that the company announced last year, in ongoing efforts to achieve ESG targets, as well as ensure continued business growth for the national utility company. These initiatives cut across the electricity value chain, from transitioning power generation to cleaner sources; enhancing the Grid of the Future (GoTF) to enable more green solutions; and facilitating consumer participation in the energy transition, including through electric vehicle (EV) adoption. TNB President and Chief Executive Officer, Dato’ Indera Ir. Baharin Din said that the increasing urgency to address the devastating impact of climate change has spurred the company to accelerate its decarbonisation plans, towards its targets of a 35% reduction in carbon emissions intensity and a 50% reduction of its coal generation capacity by 2035. 

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