Showing 11-20 of 511 results

AC Energy to leave coal projects

Ayala-owned AC Energy Philippines is breaking free from coal-fired generating facilities, hence, it is casting the divestment of its shareholdings in the 1,336-megawatt Dinginin power project and the 360MW Mariveles coal plant, its joint venture with the Aboitiz group.

AC Energy’s Mindanao coal plant named project of national significance

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 […]

Active Energy awarded Malaysian patent for CoalSwitch

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 urge end to South Korean funding of Indonesia coal plants

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 […]

ADB studying feasibility of acquiring, retiring coal plants in PHL

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.

ADB to help members cut reliance on coal

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.  

ADB, Citi, HSBC, Prudential hatch plan for Asian coal plant closures: Sources

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.

ADB, fin firms draw plan to close Asia coal-fired power plants

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.

Air Products to invest up to $2bn in coal-to-methanol production facility in Indonesia

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 […]

All clear for construction of 700MW coal plant

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.