The target date for the trading of power reserves in the spot market would be moved to 2022, the Independent Electricity Market Operator of the Philippines (IEMOP) said over the weekend.
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 […]
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 […]
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.
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 […]
MANILA, Philippines — The high cost of oil in the world market will remain a concern for the Philippines until next year and this could pose further risk on the already stubbornly high inflation and impact the country’s economic recovery.
[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 […]
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.
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.
Plans for expansion in South and Southeast Asia were finally re-evaluated, with little prospect for a revival this year