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‘Chinese investors’ eyeing $6b refinery project in Riau Islands: Official

Chinese investors plan to develop a multibillion-dollar oil refinery in Batam, Riau Islands province, an official with the Office of the Coordinating Maritime Affairs and Investment Minister has said. Maritime and energy sovereignty deputy Purbaya Yudhi Sadhewa told an online press conference on Tuesday that the investors had sent a letter addressed to the Coordinating Minister’s Office, “asking for our agreement […]

‘Green finance’ led by S’pore can help mobilise global action against climate change: Ong Ye Kung

SINGAPORE – Even though Singapore accounts for only a tiny fraction of global emissions, it aims to use “green financing”, technology and innovation to help mobilise the fight against “the ultimate challenge for humankind” of climate change, Education Minister Ong Ye Kung said on Monday (Nov 11). Mr Ong, who is also a board member […]

‘It sends a negative message’: Hydropower players lament PLN power cap in Sumatra

Hydropower plants developers have expressed their concerns over the decision of state-owned PLN, their plants’ offtaker, to place a cap on power production amid weak electricity demand in Sumatra, saying it might deter investments.

‘Power firm with P7K capital bags P100 million deal’

MANILA, Philippines — A senior administration lawmaker yesterday revealed an obscure and under-two-year-old independent power company that managed to bag a contract that raked in hundreds of millions of pesos with only P7,000 in paid-up capital. Puwersa ng Bayaning Atleta party-list Rep. Jericho Nograles questioned how and why the Independent Electricity Market Operator of the Philippines […]

‘World Bank indirectly funding Asian coal projects’

[JAKARTA] An international team of environmental and financial experts claim in a report that contrary to declarations it made in 2013, the World Bank (WB) has been indirectly funding coal mining projects in Asia. According to the report, published this month (11 April),  the WB’s private-sector arm – the International Financial Corporation (IFC) – has […]

[Re]Energize Indonesia Hackathon Searches for Renewable Energy Solutions

New Energy Nexus Indonesia, a nonprofit organization dedicated to supporting renewable energy economy, has recently launched the first smart and renewable energy-themed hackathon in the country, [Re]Energize Indonesia.

15 join GMAC green project

At least 15 garment factories are now involved in the Switch Garment project, an initiative to promote sustainable energy enhancement and investment in clean energy technologies in the garment sector in Cambodia.

2020: a dismal year for coal power

Plans for expansion in South and Southeast Asia were finally re-evaluated, with little prospect for a revival this year

9 investors seek clearance from Philippines for energy exploration

MANILA, May 20 (Xinhua) — Nine local and foreign investors are seeking clearance from the Department of Energy (DOE) of the Philippines for their targeted nomination service areas in petroleum blocks under the Philippine Conventional Energy Contracting Program (PCECP), the DOE said on Monday. To date, the DOE said 17 requests for the issuance of […]

A $650 million renewable plan in Indonesia eyed by South Korean power entity

A power manufacturer situated in South Korea is looking to fund a hydropower industry scheme in Central Java that would be the purchasers of coal first renewable energy partnership with Indonesia.  Korea South Power (KOSPO) is currently going through a practicality study to develop the 230-megawatt (MW) Maung hydropower industry in Banjarnegara, Central Java, having Indonesian […]