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CHINT Cambodia Factory is Now Open, Assisting in the Southeast Asia’s Green Energy Development

SHANGHAI, March 7, 2022 /PRNewswire/ — SchneiTex x CHINT officially opened their Cambodia joint venture factory on February 28th local time. The factory will accomplish the localization of CHINT products, from manufacturing to delivery. It will also further improve the layout of CHINT’s global supply chain while expanding production capacity, which will help drive the development of the local power industry.

Cleaning the economy

Bringing the economy back on track for normal growth is necessary, but may be insufficient if the government does not direct growth in a cleaner manner. Power generation and industries that play a major role in driving the Thai economy need to be seriously adjusted to meet growing demand for environmentally friendly operations aimed at […]

European renewable energy firm to invest $10 billion for hub in Singapore, regional projects

EDP Renewables (EDPR), the world’s fourth-largest renewable energy producer, will invest $10 billion by 2030 to establish its Asia-Pacific headquarters in Singapore, while continuing to develop new clean energy projects across the region, the company said on Thursday (Feb 24).

Green investments to drive Philippines’ sustainable recovery — BSP

Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno has highlighted the importance of green investments or projects aimed at the conservation of natural resources in driving the country’s post-pandemic recovery.

Malaysia the prime issuer of sustainability sukuk in Asean

Malaysia leads in Sustainable and Responsible Investing (SRI) sukuk issuance among the ASEAN6 countries, accounting for US$3.6Billion (RM16.32Bil) of issuance value or 56% of the total ASEAN SRI sukuk issuance as of November 2021, according to a recent research.

Gov’t uses blended financing to encourage investment in clean power

Jakarta (ANTARA) – The government will use a blended finance scheme to encourage foreign investment in the development of clean power, an official of the Energy and Mineral Resources Ministry stated.

Asian Development Bank supports Indonesia’s energy transition and praises its economic performance

JAKARTA, Feb 20 (Bernama): The Asian Development Bank (ADB) has pledged to continue its strong support for Indonesia’s energy transition initiative through its financial facilitation.

Philippines offers $500m in green bonds to European investors

Philippine finance secretary Carlos Dominguez has sought European investors’ support for an inaugural government green bonds offering worth at least $500m to raise funds for clean energy projects, his department said on Friday.

Green economy increases employment in Indonesia

Indonesia is increasing its investment in the green economy, which is said to be able to generate ten times more jobs than other industries.

India highlights potential with ASEAN for cooperation in renewable energy

As India and ASEAN enter their 30th year of Partnership, the Ministry of New and Renewable Energy and Ministry of External Affairs jointly hosted the ASEAN-India High-Level Conference on Renewable Energy (RE) virtually from February 7-8, 2022. The theme for the conference was ‘Experience and Innovations for Integrated Renewables Market’.