Singapore’s central bank has launched a public consultation on the detailed threshold and criteria for incorporating the financing of phasing out coal-fired power plants into its green finance taxonomy.

GLASGOW – Singapore on Thursday (Nov 4) joined the Powering Past Coal Alliance, an international coalition of countries, cities, regions and businesses that promotes the transition from coal to clean energy.

Singapore will phase out the use of unabated coal power by 2050 and end direct government finance of this kind of power internationally, its government has announced. Unabated refers to coal power generation without the use of any technologies to reduce CO2 emissions, such as operational carbon capture and storage or utilisation.

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.

MANILA, Philippines — San Miguel Corp. (SMC) intends to continue developing clean coal power plants, as well as pursue renewable energy projects and battery technology developments with room still to grow in its power portfolio. As of end-2018, SMC Global Power Holdings Inc. has an installed capacity of approximately 19 percent of the national grid, […]

The joint venture of SMC Global Power Holding Corp. and Meralco PowerGen Corp. plans to spend P99 billion to put up a 1,200-megawatt coal project in Mariveles, Bataan. Mariveles Power Generation Corp., the joint venture firm, said in an environmental impact statement submitted to the Environmental Management Bureau it would construct and operate the Mariveles […]

Cambodia is feeling the squeeze from the soaring global coal and oil prices. Electricity du Cambodge (EDC)would certainly be hurting from this reality, and most likely re-assessing its plans to add more coal power stations.

Jakarta (ANTARA) – State-Owned Enterprises (SOEs) Minister Erick Thohir encourages the processing or gasification of coal mining materials into gas in order to meet the current gas energy requirements.

Near the southern Vietnam beaches filled with kite surfers and mud baths, there sits a hydropower plant called Da Mi. It is no longer just generating power from dams and falling water, however. Crews added solar panels to the reservoir last year, creating what the Asian Development Bank called the first large floating solar project […]

South Korea’s largest state-owned electric power distribution company and government banks will invest in a proposed coal power venture in Indonesia after years of deliberation, contradicting the ruling party’s pledge that it would phase out coal finance, made in the run-up to the nation’s recent parliamentary election.