KUALA LUMPUR, Jan 13 (Reuters) – The Malaysian Biodiesel Association on Thursday urged industry officials to come to terms with a steady decline of imports of palm-based biofuels in the European Union, with the country’s exports this year seen at their lowest level in five years.

Malaysia is eager to increase palm oil exports to Bangladesh as the country seeks to increase its global market share of the industry. The government has also been engaging with countries in the Middle East such as Saudi Arabia and Iran, as well as eastern Europe and South Asia.

The International Finance Corporation (IFC) has approved a US$30 million financing package for a waste-to-energy (WtE) power plant in Vietnam.

Jakarta (ANTARA) – The utilization of 30 percent biodiesel (B30) in 2021 helped Indonesia save US$4.54 billion in foreign exchange or equivalent to Rp64.6 trillion, the Energy and Mineral Resources Ministry has informed.

Construction on a major rice husk biomass power plant has begun in southeastern Phnom Penh’s Chbar Ampov district and is expected to be completed by July, in seven months.

JAKARTA, Nov 22 (Reuters) – Indonesia’s consumption of biodiesel in 2021 could be higher than initially estimated, an energy ministry official told a virtual conference on Monday.

ndonesia has agreed to end deforestation by 2030 which is good news for opponents of the country’s palm oil industry. The country has been criticised for clearing forests for palm oil cultivation used in a range of products including biodiesel production.

Transitioning from fossil fuel-based electricity generation to exploiting

Jakarta: Indonesia and Malaysia have agreed to intensify bilateral cooperation in the palm oil industry and to counter the negative campaign on palm oil.

Jakarta (ANTARA) – The Indonesian Government has sought investments for three renewable energy projects at the 2nd Indonesia-Japan Business Forum (IJBF), Indonesian Ambassador to Japan Heri Akhmadi said in a statement received here on Wednesday