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DBP grants P750-M credit line to boost renewable energy storage

MANILA – State-owned Development Bank of the Philippines (DBP) has granted a PHP750-million revolving credit line to a fledgling energy firm for the manufacture and export of cost-effective and sustainable energy storage systems for power generation activities of renewable energy companies, a top official said.

AMBD plans to expand domestic sukuk market

BANDAR SERI BEGAWAN — Autoriti Monetari Brunei Darussalam (AMBD) plans to expand the domestic sukuk programme to further diversify investment opportunities, the central bank’s managing director said on Wednesday.

Singapore exploring ammonia bunkering for first Castor Initiative vessel

The point that shipping’s drive to decarbonise its operations as part of wider energy transition movement across many sectors of the economy was highlighted at webinar held on Tuesday by the Norwegian Business Association of Singapore (NBAS) as part of Ocean Now

ADB signs $116m green loan for three wind farms in Vietnam

The Asian Development Bank (ADB) has signed a $116 million green loan with three local firms to finance the construction and operation of three 48 megawatts (MW) wind farms in Quang Tri province, Vietnam.

PM Hun Sen promotes ‘green growth’

Prime Minister Hun Sen said that Cambodia will strengthen and expand regional and international cooperation for sustainable development and promote the “concept of green” as mainstream.

Cambodian PM attends second P4G summit held virtually in Seoul

Hun Sen, Prime Minister of the Kingdom of Cambodia this evening participated in the Leaders’ Dialogue Session of the Second P4G Summit – Partnering for Green Growth and the Global Goals 2030, held virtually in Seoul, the Republic of Korea under the theme “Inclusive Green Recovery towards Carbon Neutrality”.

Cambodian PM renews call for freer int’l trades, adherence to multilateralism

PHNOM PENH, June 1 (Xinhua) — Cambodian Prime Minister Samdech Techo Hun Sen on Monday renewed his call on countries to open international trades and uphold multilateralism in order to rebuild a resilient global economy in the post-COVID-19 era.

Keppel saved $68m from energy-efficient initiatives

Green initiatives might seem like a burden for companies already grappling with a challenging operating environment, but they have paid off in spades for Keppel Group.

ADB secures 144MW Vietnamese financing

The Asian Development Bank (ADB) has secured a $116m (€95.1m) green loan to build and operate three 48MW wind farms, totaling 144 MW, in Quang Tri Province, Vietnam.

Sembcorp targets 10GW of installed renewables capacity by 2025

A new strategic plan from Sembcorp Industries will see the Singapore-based energy company aim to increase its renewables capacity almost fourfold to 10GW by 2025.