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Japan and Germany vowed to deepen cooperation on defense and climate protection and work more closely together to reduce excessive dependencies in critical… ....
Based on corporate announcements and news flow on Friday, companies in focus next Monday may include CTOS Digital Bhd, Malton Bhd, Pavilion Real Estate Investment Trust, Pacific & Orient Bhd, Carimin Petroleum Bhd, Global Oriental Bhd, and Cuscapi Bhd. ....
Yunneng’s woes win it an exception By Angelica Oung / Staff reporter The Bureau of Energy (BOE) has agreed to allow Yunneng Wind Power Co (允能風力發電), the project developer of a 640 megawatt (MW) wind farm off the coast of Yunlin County, to adjust its shareholding structure as the company faces financial difficulties. Yunneng is 48 percent owned by German wind farm developer Wpd AG, 27 percent owned by a consortium led by Japan’s Sojitz Corp and 25 percent owned by Thailand’s Electricity Generating Public Co Ltd. Wpd plans to sell a 23 percent stake in Yunneng to French energy giant TotalEnergies SE, hoping that capital from the new shareholder would help maintain the Yunlin project’s normal operations and safeguard suppliers’ interests. ....
Myanmar approves $2.5bn gas power project Myanmar s military junta has approved a gas-fired power plant project that will cost $2.5bn, the country s Directorate of Investment and Company Administration (DICA) said on May 7. This is part of the $2.8bn worth of projects that the junta, which seized power in February, has sanctioned. The electricity generated by the power plant will be sold domestically, DICA said. It did not disclose which company will be setting up the power plant. The country s first gas-fired power plant came online in June last year. The plant is operated by CNTIC VPower – an equal joint venture between China National Technical Import Export Corp and VPower Group. There are a number of other companies planning to develop gas-fired power projects in Myanmar. ....