Vietnam 

VNĐ5.2 trillion to be invested in wind power in Quảng Trị Province – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

A wind power farm in Hướng Hóa District, Quảng Trị Province. – Photo baotainguyenmoitruong.vn Viet Nam News HÀ NỘI — Quảng Trị Province People’s Committee gave its approval to two companies to develop wind power projects worth a total of VNĐ5.2 trillion (US$221.2 million) in the central province. Hướng Phùng Wind Power Company Limited will be allowed to develop Hướng Phùng 3 Wind Power Plant with a designed capacity of 30MW and a total investment of more than VNĐ1.58 trillion. Covering nearly nine hectares in Hướng Phùng Commune,…

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Singapore 

UOB responds to photo of man wearing poster about his savings allegedly ‘gone with the wind’, Singapore News

UOB is aware of a circulated photo that shows a man wearing a poster about his savings and has met with him to understand his concerns, the bank told Stomp in response to queries. Several Stomp contributors alerted Stomp to the photo, which was posted on Everyday SG’s Facebook page on Sunday (Feb 10). In the photo, a man can be seen wearing a poster alleging that $250,000 from his Central Provident Fund (CPF) and retirement fund is now “less than $11,200”. “$238,000.00 gone with the wind,” said the poster. It…

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Home 

Will trimmed subsidy roll back knock the wind out of Taiwan’s offshore turbine sector?

A retrospective reduction in subsidies for offshore wind power development by Taiwan could take the wind out of international developers’ sails, and erode some of the sector’s attractiveness relative to Japan, mainland China and South Korea as an investment destination. The Taiwan government had proposed an aggressive cutback in subsidies for offshore wind power projects in November 2018, after the ruling Democratic Progressive Party suffered a major election setback at the hands of the opposition Kuomintang Party, which has criticised offshore wind subsidies previously given as too generous. It initially…

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Vietnam 

VN has great potential for wind power development – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — A project called “Support to the Up-Scaling of Wind Power in Việt Nam” has played an important role in promoting wind power investments in Việt Nam. Martin Hoppe, head of Economic Cooperation and Development for the German Embassy, spoke on the project at its closing ceremony in Hà Nội on Friday. German development co-operation on wind power in Việt Nam started in 2009, with the first wind tariff being issued by the Government in 2011. Given the success of this co-operation,…

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Home 

China explores use of foreign expertise to speed up deep-sea wind power development

China is poised to overtake Germany and the UK as the world’s largest offshore wind power producer by 2022, but it needs foreign know-how to cut costs and boost competitiveness, according to the head of Global Wind Energy Council. “We think the best way for China to achieve that is to have foreign participation to enable the transfer of best practices in the European market,” said chief executive Ben Blackwell in an interview. Cost reduction is crucial to the nascent industry segment’s growth because from January 1, all large-scale wind…

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Home 

Trade war and censors blow chill wind through China’s giant tech scene

Wang Miaoyi’s small one-bedroom apartment, which doubles as her design studio, is overflowing with game magazines, figurines and boxes of sci-fi novels. The 30-year old game developer is a child of the county’s tech boom: she studied at one of China’s top universities and her company hit it big with an award-winning game that was published on Nintendo’s Switch console and the PC gaming platform Steam, with plans for roll-out on other game platforms. Now her ambitions – and those of many others across China’s giant tech industry – are…

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Vietnam 

Ninh Thuận to wind up four new wind power plants – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Ninh Thuận Province is promoting investment attraction and creating the best possible conditions for investors to accelerate the progress of renewable energy projects. — Photo motthegioi.vn Viet Nam News HÀ NỘI — Four wind power projects were scheduled to be completed in the south central province of Ninh Thuận by the end of 2018, according to the provincial People’s Committee. They include the second phase of the Đầm Nại wind power plant in Ninh Hải and Thuận Bắc districts, Mũi Dinh plant in Thuận Nam District, and the Trung…

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