Solar Philippines pushes for collaboration with other power companies
SOLAR Philippines Power Holdings, Inc. (SPPHI) said the country can achieve its goal of increasing the share of clean energy sources through collaborations between power companies.
Blueleaf to install 29 MWp of solar under PPA with Holcim Philippines
November 22 (Renewables Now) – Blueleaf Energy will install 29 MWp of solar power capacity to supply renewable electricity for two cement plants of Holcim Philippines (PSE:HLCM).
Myanmar: Investors Should Act to Halt Funds to Junta
(New York) – Payments by energy and extractive companies to entities under the control of the Myanmar military are providing key funds to sustain the junta and pose serious legal, financial, and reputational risks to investors in those companies.
One Meralco allots P76B for renewable energy projects
ONE Meralco, the group of companies led by Manila Electric Co. (Meralco), is allocating an estimated P76 billion for renewable energy projects to transition to cleaner energy in 10 years.
TNB plans RM22b investment for 2022-2024 to further develop ‘grid of the future’
KUALA LUMPUR (Nov 18): Tenaga Nasional Bhd (TNB) plans to invest RM22 billion in 2022 to 2024 under the Incentive-Based Regulation (IBR) framework, subject to government approval, to continuously develop the grid of the future into a key enabler of the energy transition.
Jokowi outlines Indonesia’s green economy strategy
Jakarta (ANTARA) – President Joko Widodo (Jokowi) on Thursday revealed the government’s grand strategy for achieving a green economy in response to a global shift away from fossil fuels.
DOF: ADB-backed energy transition mechanism to hasten PHL’s coal exit by 10-15 years
The Asian Development Bank (ADB)-supported initiative to speed up the Philippines’ transition from coal to clean energy sources is seen to generate investments, create jobs, and accelerate the retirement of coal-fired power plants in the country
Indonesia still destination for electricity infrastructure investment
Jakarta (ANTARA) – Indonesia is still considered to be an infrastructure investment destination that is targeted by many global investors, including in the electricity sector, an official has said.
EU grants ASEAN $900mn for sustainable economic recovery
The European Union has committed to mobilising more than $900 million to promote sustainable economic recovery, the body announced at the 26th Conference of the Parties yesterday at Glasgow, Scotland.
Indonesia could phase out coal by 2040 with financial help, finmin says
LONDON, Nov 2 (Reuters) – Indonesia could phase out coal-fired power plants by 2040 if it gets sufficient financial help from the international community, the finance minister told Reuters.