Mainstream Renewable Power is to acquire an 80% shareholding in Vietnamese outfit Technology and Development Joint Stock Company, which has a 405MW portfolio of solar projects in the Dak Nong province of central Vietnam.
After nearly a decade of absence in the debt market, the Energy Development Corp. (EDC) yesterday successfully raised P5 billion from the issuance of fixed-rate Asean (Association of Southeast Asian Nations) Green Bonds for the financing of three clean energy projects.
KUALA LUMPUR: The government has approved a manufacturer’s licence and incentives under the National Economic Recovery Plan (Penjana) for the design, development and manufacturing of solar cells and solar modules in Malaysia for Risen Energy Co Ltd with a total investment of RM42.2 billion.
TOKYO, Japan, June 22, 2021 (ENS) – Japan’s Mitsubishi Corporation has just boosted development of what will be Southeast Asia’s largest onshore wind farm in southern Laos, by announcing a major investment in the project. Power from the wind farm will be sold to Vietnam Electricity, the state-owned electric power company under a 25 year agreement.
BANK of the Philippine Islands (BPI), South-east Asia’s oldest lender, is adapting to a global trend for green finance and digitalisation, according to its chief executive officer. The 170-year-old bank owned by conglomerate Ayala Corp is betting on a leap in renewable energy use as the technology becomes affordable and the power sector shifts to […]
Japan has offered ASEAN energy ministers $10 billion in public finance for renewables and LNG projects, as part of a package of measures aimed at helping the group of 10 Southeastern Asian economies accelerate their moves toward energy transition.
Global Power Synergy, the power unit of Thailand’s state-owned oil and gas group PTT, will invest 20 billion baht equivalent to USD 635 million, in renewable energy assets across Asia including India and China.
The Development Bank of the Philippines (DBP) has granted a P750-million revolving credit line to an energy firm for the manufacture and export of cost-effective and sustainable energy storage systems for power generation activities of renewable energy companies, a top official said.
MANILA, Philippines — Lopez-led Energy Development Corp. (EDC) has started selling three- and five-year green bonds. The bonds are slated for listing on the Philippine Dealing and Exchange Corp. (PDEx) on June 25.
SINGAPORE, June 17 (Reuters) – Royal Dutch Shell (RDSa.L) has signed a non-binding memorandum of understanding (MoU) with Singapore state firm JTC Corp (JTC.UL) to explore developing a solar farm on part of a landfill in southern Singapore, the companies said on Thursday.