MANILA, Philippines — The Mindanao coal-fired power plant owned by AC Energy Inc. has been named as among the country’s energy projects of national significance (EPNS). The Energy Investment Coordinating Council (EICC), led by the Department of Energy (DOE), has endorsed the 4×138-megawatt (MW) coal-fired power plant in Lanao del Norte in Mindanao owned by […]

Alliance News – Active Energy Group PLC on Monday said it has been awarded a Malaysian patent for its CoalSwitch product. Active Energy is a London-based biomass-focused renewable energy business. CoalSwitch is a biomass fuel that can be either used with, or replace, coal entirely.

Activists in Indonesia have called on three South Korean financial institutions to withdraw their funding for new coal-fired power plants to be built in Java. The plants will be part of a complex that is already the biggest polluter in Southeast Asia, whose proximity to the metropolis of Jakarta could put the health of 30 […]

THE Asian Development Bank (ADB) said it is in the final stages of conducting pre-feasibility studies on coal plant acquisition and retirement in three Southeast Asian countries, including the Philippines.

The Asian Development Bank (ADB) is expected to draw up a revised energy policy over the next 12 months toward helping member developing countries to “reduce dependence on coal fuel and eventually phase out coal,” just falling short of an outright ban on financing coal-fired power projects.  

Financial firms including British insurer Prudential, lenders Citi and HSBC and BlackRock Real Assets are devising plans to speed the closure of Asia’s coal-fired power plants in order to lower the biggest source of carbon emissions, five people with knowledge of the initiative said.

Financial firms, including British insurer Prudential, lenders Citi and HSBC and BlackRock Real Assets are devising plans to speed up the closure of Asia’s coal-fired power plants in order to reduce the biggest source of carbon emissions, five people with knowledge of the initiative said.

American gas and chemical supplier Air Products is set to invest up to $2 billion (£1.6bn) in a coal-to-methanol production facility in Indonesia. Investment holding company PT. Bakrie Capital Indonesia and coal infrastructure company PT. Ithaca Resources will supply coal to the facility and sell the produced methanol within Indonesia – Air Products will build, own and operate […]

A 700 MW coal-fired power plant in Preah Sihanouk province is set to begin construction soon, as authorities announce they have completed an environmental and social impact review. The $1.3 billion project is developed by Cambodia International Investment Development Group Co Ltd (CIIDG), in coordination with partner Huadian Sihanoukville Power Generation Co Ltd.

IndexBox has just published a new report: ‘World – Coal – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings. In 2020, the decline in the global coal market gathered momentum, against the Covid-19 pandemic. The low cost of natural gas, combined with the development of alternative energy sources […]