INA and BII announce landmark partnership to foster green investments in Indonesia
In a significant step toward enhancing bilateral investment ties between Indonesia and the United Kingdom, Indonesia Investment Authority (INA), the sovereign wealth fund of Indonesia, and British International Investment (BII), the UK’s development finance institution (DFI) and impact investor, today announced a strategic partnership aimed at fostering sustainable economic development and cooperation.
Power firms shifting focus to green projects with Cambodia standing to gain
Chinese companies’ investment in new energy globally surges 55.6% in 2022 Chinese power companies are increasingly focusing on renewable energy projects such as solar and wind power globally, an industry report showed.
Renewable energy transition needs RM637bil in new investments
KUALA LUMPUR: Malaysia will require an estimated RM637bil in new investments until 2050 in its transition to renewable energy (RE), says Natural Resources, Environment and Climate Change Minister Nik Nazmi Nik Ahmad.
JBIC Signs $300 Million Loan Agreement With Vietcombank For Renewable Energy Projects In Vietnam
The Japan Bank for International Cooperation (JBIC) has signed a loan agreement with the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) to set up a credit line of up to USD 300 million for renewable energy projects in Vietnam. JBIC’s portion of the credit line is USD 165 million, with the remainder […]
Singapore, US to study feasibility of regional energy connectivity
The Singapore Ministry of Trade and Industry, the Energy Market Authority, and the United States Department of Energy will be conducting a feasibility study on regional energy connectivity.
Myanmar Regime Signs Energy Agreement With China
With Myanmar suffering an acute energy shortage, a Chinese delegation from Yunnan Province signed a power purchase agreement with the military regime on Sunday.
Australian Governor-General’s Việt Nam visit: new impulse for bilateral ties
VIETNAM, April 3 – HÀ NỘI — The State visit to Việt Nam by Governor-General of Australia David Hurley from April 3-6 is expected to create new momentum for the bilateral ties, according to a scholar from the University of Queensland in Australia.
Work starts on Vietnam’s first green hydrogen plant
Tra Vinh (VNS/VNA) – TGS Tra Vinh Green Hydrogen Company, a member of The Green Solutions Group, has started construction of Vietnam’s first and largest green hydrogen factory in the Mekong Delta province of Tra Vinh’s Duyen Hai district, with total investment of 8 trillion VND (341 million USD).
Thailand’s investment proposals rise with EV interest
Thailand’s investment promotion scheme for the first half of 2023 was up by almost 70pc from a year earlier to 364.4bn Thai baht ($10.37bn) of proposals, led by the growth in targeted industries like the electronic and auto sectors.
East Asia investors eye RE projects in Philippines
MANILA, Philippines — The Philippines is seeing interest from investors in Taiwan, Japan and South Korea, particularly for renewable energy (RE) projects, according to the head of the Board of Investments (BOI).