The south central province of Ninh Thuan will help investors speed up the implementation of renewable energy projects, with the goal of having 2,000MW of solar power and more than 60MW of wind power connected to the grid by the end of this year, chairman of the provincial People's Committee Luu Xuan Vinh said. … [Read more...] about Ninh Thuan vows to facilitate renewable energy projects
Renewable energy is cheaper than fossil fuels
Shares gain for seven straight sessions, fueled by banking and mining stocks
“Q1 business results and macroeconomics statistics expectantly published in April may also place negative impacts on market movements. Profits of listed companies in Q1 may be below expectation under the influence of COVID-19 pandemic,” Bach said. … [Read more...] about Shares gain for seven straight sessions, fueled by banking and mining stocks
Asia-Pacific response to COVID-19 and climate emergency must build a resilient and sustainable future
This stands in stark contrast with the region’s impressive gains in material prosperity, which have been powered by intensive resource use. We are currently paying the price amid a public health emergency in a region with 97 of the 100 most air-polluted cities in the world and 5 of the 10 countries most vulnerable to climate change. Economic policymaking is understandably focused on maximising growth to reduce poverty and create jobs. Yet, we need to question this when the methods of growth undermine its sustainability over the long term. … [Read more...] about Asia-Pacific response to COVID-19 and climate emergency must build a resilient and sustainable future
New FIT for solar power to take effect on May 22
In the case of Ninh Thuan province, finished solar farms which are named in the power development planning and started commercial operations before January 1, 2021 with the total combined capacity of 2,000MW will enjoy the 9.35 US cents per kWh rate from the day they start commercial operation. The duration of this rate is 20 years. … [Read more...] about New FIT for solar power to take effect on May 22
Brazil oil auction raises disappointing US$17 billion: Official
Brazil's National Petroleum Agency (ANP) Director-General Decio Oddone speaks during government auction for offshore oil fields. (Photo: AFP/Mauro Pimentel) The government had hoped to collect more than US$26 billion from the auction of so-called pre-salt reserves trapped beneath the ocean floor off Brazil's southeast coast. … [Read more...] about Brazil oil auction raises disappointing US$17 billion: Official
