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Climate advocate calls for ban coal-fired plants to extend to pending projects

THE DEPARTMENT of Energy (DoE) needs to expand its moratorium on coal-fired power plants to include more facilities, including those that have secured prior approval and those that are under construction, an environment policy expert said.

San Miguel Drops Coal Projects From Expansion Plans

San Miguel Corp., one of the Philippines’ largest power generators, will drop new coal projects from its expansion plans as it prepares for a transition to a low-carbon future.

Indonesia’s coal exit plan

Indonesia, the second-biggest coal exporter in the world, is now taking more steps to reduce its dependency on “black gold” as it starts to consider clean energy.

Global decarbonisation may weaken Indonesia’s coal exports but boost base metals: Citi

GLOBAL decarbonisation will likely weaken Indonesia’s coal exports in the medium to long term, but this could be mitigated by a pickup in exports of base metals, Citi economists said in a July 6 note.

Philippine banks move at slow pace in defunding coal

At least 10 Philippine banks give $841 million in loans and participated in $1.3 billion worth of underwriting activities involving at least five coal companies since the 2015 Paris climate agreement

Indonesia sets coal benchmark price at highest in a decade on Chinese demand

JAKARTA, July 5 (Reuters) – Indonesia set its coal benchmark price at the highest in more than a decade, an official document published by its energy and minerals ministry showed on Monday, supported by sustained demand from China.

SMC dropped 3 coal-fired projects, DoE says in letter to think tank

SMC GLOBAL Power Holdings Corp. will no longer be pursuing three planned coal-fired projects with a total capacity of 1,500 megawatts (MW), the Department of Energy (DoE) said in a letter released by non-government organizations.

Cambodia embraces dirty energy fearing drought-driven shortages

Successive droughts in recent years have caused a power crisis in Cambodia, prompting the government to rapidly invest in and build coal and oil plants.

Japan’s Mitsui exits Indonesia’s Paiton coal-fired IPP

Japanese trading house Mitsui has decided to sell its stake in the Paiton coal-fired power plant in Indonesia’s east Java, marking its exit from power operations in the country.

Cambodia gold production starts at nation’s first commercial mine

Cambodia entered the ranks of the world’s gold producers with the start of output in the Okvau region of Keo Seima district in Modulkiri province where Australian mining company, Renaissance Minerals, has carried out 14 years of exploration and research. Its Cambodian subsidiary aims to produce three tonnes of pure gold a year over an […]