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8 charts on the private sector’s growing backing of clean energy

While private sector backed investments in renewable energy are on a steep growth trajectory in Asia, there is potential for much more, according to a new report by consulting firm EY and the European Climate Foundation. The joint report looked into the investment scene for renewable energy projects in eight Asian markets (Southeast Asia, Japan, […]

A credit to the community

With carbon credit trading getting off the ground in Thailand, the community responsible for Ban Ton Phueng community forest in Tambon Mae Pong, Chiang Mai province, is hoping its efforts to manage carbon emissions will help generate income.

A green recovery of the global economy — Kim Jensen

AUGUST 28 — Over the last few years, the climate crisis has risen to the top of the government and corporate agenda, with the call for urgent climate action heard loud and clear around the world. However, the Covid-19 pandemic has shifted the focus globally to the pressing issue at hand.

A roadmap to low carbon economy

LETTERS: As the United Nations Framework Convention on Climate Change (UNFCCC) kicked off in Madrid, it is time to revisit the Malaysian milestone on the Paris Climate Agreement effective 2016. Malaysia has achieved a 33 per cent carbon emission intensity of GDP reduction this year relative to 2005 levels towards targeted 45 per cent emission […]

A sustainable garment hub in Vietnam designed to reduce the carbon footprint of making a T-shirt

If you’ve ever checked the label on that new shirt you just bought, there is a good chance that it was made in Vietnam. After years of rapid growth, the country is now the world’s second-largest exporter of textile and garment after China. Textile and garment manufacturing accounts for no less than 16 per cent of Vietnam’s […]

AC Energy supplying Ayala Land with RE until 2050

As part of their parent conglomerate’s goals of having net zero greenhouse gas emissions, AC Energy (ACEN) has signed a power supply agreement (PSA) with sister firm Ayala Land to provide it with renewable energy (RE) until 2050.

Accelerating progress on SDGs in Malaysia

Six big transformations are needed to accelerate the progress of Sustainable Development Goals (SDGs) in Malaysia. Professor Jeffrey Sachs, who is an SDG advocate for the United Nations (UN), suggested governments have 25 to 30-year plans as a pathway to get an idea of where society should be and how to get there in that […]

ACEN secures P13.7 billion funding for Batangas power plant

ACEN Corp. has secured up to P13.7-billion in energy transition financing with the Bank of Philippine Islands (BPI) and Rizal Commercial Banking Corp. (RCBC) for its 2×135-megawatt (MW) coal-fired power plant in Calaca, Batangas.

ACEN’s Batangas coal plant to shift to clean technology

ACEN Corp., the energy platform of the Ayala Group, is set to pursue the Energy Transition Mechanism (ETM) to convert its 2×135-megawatt (MW) coal-fired power plant in Calaca, Batangas to cleaner technology.

ACWA Power, PTT Public Company Limited and Electricity Generating Authority of Thailand set to support Thailand’s decarbonisation aspiration

Riyadh, Saudi Arabia/ Bangkok, Thailand: ACWA Power, a leading Saudi developer, investor, and operator of power generation, water desalination and green hydrogen plants worldwide; PTT Public Company Limited (PTT), Thailand’s national integrated  energy company; and Electricity Generating Authority of Thailand (EGAT), an electric power related state-owned enterprise which aims to secure the power reliability under the […]