A $2-billion power generation unit of state-owned utility Vietnam Electricity (EVN) will have an initial public offering on the country’s main bourse next month. The Power Generation Corporation 2 (EVNGENCO 2), based in the southern city of Can Tho, will…
National utility Vietnam Electricity (EVN) has signed three memoranda to purchase power from Laotian companies amid expected energy shortages. EVN will buy power from two hydropower plants and one coal-fired power plant in neighboring country Laos starting…
Japan may ban sales of new petrol-engine cars by the mid-2030s in favour of hybrid or electric vehicles, public broadcaster NHK reported on Thursday, aligning it with other countries and regions that are imposing curbs on fossil fuel vehicles. The move would…
Thai energy firm Gunkul Engineering Plc has acquired the 50-megawatt Phong Dien II solar power plant in the central Thua Thien Hue Province for $39.9 million. The plant is set to begin commercial power generation on December 15 with a feed-in tariff of 7.09…
Vietnam Electricity (EVN) will face increasing financial difficulties in the coming years as its payment obligations to independent power projects keep rising. National utility EVN’s gross margin fell from 15.1 percent in 2015 to 12.9 percent last year due to…
State power utility EVN will buy around 1.5 billion kWh of electricity a year from Laos for two years starting in 2021. Under contracts it signed on Saturday, Vietnam Electricity (EVN) will buy over 596 million kWh a year from two hydropower plants belonging…
A halt to investment in new coal-fired power plants is required to check the trend of increasing coal consumption, a report warns. The report, released on Monday by the Ministry of Industry and Trade in collaboration with Denmark’s Energy Agency, said the…
Pizza retailer Domino’s has announced a renewable energy strategy that will see it roll-out solar power systems and energy controllers across all Domino’s stores across Australia. The strategy is aiming to reduce Domino’s operational impact on the…
Accrelist-owned AI retail store We9go has fully launched after an eight-month trial. The Geylang Road shop uses AI, facial recognition and radio frequency identification to track inventory, collect data on shopper preferences, facilitate payment processes and…
ZTE has launched the first 5G smartphone in China, the ZTE Axon 10 Pro 5G. The vendor’s flagship 5G smartphone is ready for commercial use on China’s upcoming 5G networks. The device has achieved downlink speeds of 2Gbps under China’s 5G experimental network…
It used to be that wireless charging was a nice-to-have but not got-to-have feature. These days, however, high-end smartphones have started to pick up on the interest and including this as standard feature. So when IHS Markit made its forecasts of the…
Vietnam’s power prices went up 8.36 percent Wednesday after remaining unchanged for two years. A senior official of the Ministry of Industry and Trade told that prices have gone up from VND1,720 (7.4 cents) per kWh to VND1,864 (8 cents), exclusive of VAT. The…
It’s been over one year and a half since Apple first announced AirPower, the infamous wireless charging pad which still hasn’t been released, despite the promise of a launch during 2018. Reports and rumors about the status of AirPower have been floating…
If a huge battery is the most important feature you want on a new smartphone, you are in luck. Motorola has started accepting pre-orders for the Moto G7 Power. The phone’s claim to fame is the 5000mAh battery that Motorola says will keep the phone running as…
Malaysian state oil company Petroliam Nasional Bhd (Petronas) started trial runs at the crude distillation unit (CDU) for a joint-venture refinery with Saudi Aramco in Malaysia last week, two sources with knowledge of the matter said this week. The move marks…
PV Power, the country’s second largest power producer, will list on the Ho Chi Minh bourse this month with a market capitalization of $1.5 billion. The Ho Chi Minh Stock Exchange (HoSE) has approved that the firm lists 2.34 billion shares (trading code POW)…