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Singapore-listed Yoma in tie-up with Ayala unit for renewable energy projects in Myanmar

SINGAPORE – Myanmar-focused Yoma Strategic Holdings said on Monday it will form a strategic partnership with AC Energy, the energy platform of Philippine conglomerate Ayala Corporation. The two companies are looking to establish a 50:50 joint venture (JV) to scale up Yoma Micro Power (S) Pte Ltd (YMP) and to explore developing around 200 megawatts […]

Myanmar Metals is keenly focused on CSR as production relaunches on Bawdwin mine

With large-scale production ending during World War II, Myanmar Metals is introducing new technologies to the Bawdwin mine whilst pushing its CSR strategy The Bawdwin mine was discovered 600 years ago. Located in Myanmar, 150km from the Chinese border, the site was originally used by Chinese miners and then British. Prior to his presidency in […]

Solar micro-grids and energy access in Myanmar

Villages in Myanmar are taking electricity generation into their own hands, turning to solar micro-grids to power their homes. One of the solar pioneers in the country is Yoma Micro Power. It specialises in solar-powered generation and micro-grid distribution. Each of its 51 micro plants can power a small town and its surrounding areas. By […]

Company vows to supply solar power to 500 villages

Mandalay Yoma Solar Energy, which operates solar mini-grids to power rural regions, will generate solar power in 500 villages within three to five years, the company said. “First, we will supply electricity to 50 villages, and we estimate that up to 500 villages will be electrified within three to five years,” said Nathalie Riseau, the […]

Myanmar wins award for research on biomass production

The Myanmar Aerospace Engineering University was selected among participants from 182 countries as this year’s winner of the Energy Globe Award in Japan. Myanmar’s research presented the concept, design and construction of the device for thermogravimetric measurements alongside the results from tests carried out on wood pellets. The main objective is to study the viability […]

IFC report recommends alternatives to high-risk Myitsone

A government-sponsored study warned against restarting the highly controversial Myitsone dam and recommended alternatives to develop the country’s hydropower sector. The final version of the Strategic Environmental Assessment (SEA) of the hydropower sector, supported by the energy and environment ministries and authored by the International Finance Corporation, has been published. The SEA involved a range […]

Myanmar to manufacture electric buses

“We need to use alternative fuels, as the fossil fuels we are burning today will be exhausted soon”, said Union Minister for Industry U Khin Maung Cho at the signing of an agreement to manufacture electric buses and erect charging stations in Myanmar. At the signing ceremony, held at the Research and Development Bureau in […]

130 MW solar project announced in Myanmar

Thailand-based Modern Energy Management (MEM) says it has teamed up with an undisclosed investor to develop a 130 MWp solar PV project in Myanmar. It is expected to come online in Q4 2019. Overall, the country is said to have a large-scale solar pipeline totaling 1.5 GW. The renewable energy advisory firm will reportedly help […]

SolarHome bags more funding to expand into Myanmar, Indonesia and Cambodia

SolarHome, an off-grid solar firm focused on Southeast Asia, has raised US$5 million to date, having recently closed a US$1 million convertible note offering with impact venture capital firm Insitor Impact Asia Fund. The new funding will help SolarHome to extend its network of hubs throughout Myanmar, offer more products and expand into Indonesia and […]

Where Will Myanmar’s Energy Come From?

Myanmar’s high growth in electricity demand — rising by around 13 percent annually — is a challenge for the government. Demand is estimated to reach 4,500 MW by 2020 and 13,410 MW in 2030. Currently there is no plan to meet this high demand. High-level policy shifts and unclear policies within the cabinet and ministries […]