Jakarta (ANTARA) – Mubadala Energy, the international energy company headquartered in Abu Dhabi, UAE, has reaffirmed its commitment to Indonesia following the G20 and B20 events taking place in Bali, Indonesia.

HANOI (Bloomberg): Vietnam is set to follow Indonesia and South Africa with a climate financing package of at least US$11 billion to shift its economy away from coal and boost the rollout of renewable energy sources.

Kim See-Lim, regional director, East Asia and the Pacific, for the World Bank’s International Finance Corporation (IFC), says Vietnam should set up stable regulatory frameworks and make quicker decisions to realize its carbon-neutral target.

The government of Indonesia and a group of international partners that includes the European Union (EU) are uniting to help the archipelagic state raise at least USD 20 billion (EUR 19.38bn) under a newly-announced Just Energy Transition Partnership (JETP).

CAIRO, Nov 11 (Bernama): Vietnam wants World Bank to play an important role in energy transformation and continue with its initiatives using financial resources related to climate change effectively.

The Indonesian government is trying to bring in more investment into the green sector with incentives and less red tape, as the coal-reliant country seeks to transition to renewables.

Acciona Energia has reached a strategic agreement with south-east Asian wind developer The Blue Circle to become the main shareholder in the regional renewables player.  

Although the Vietnamese government hoped for deeper biomass energy investment through a previously-introduced feed-in tariff (FiT), some experts advise that a new one must be coupled with other legal incentives to ensure a more significant share in the country’s energy mix, according to Vietnam Investment Review.

Supporting the idea of ‘green economic or investment zones’ in the Association of Southeast Asian Nations (ASEAN) region, Cambodian Prime Minister Hun Sen recently said his country is ready to host the first of its kind hub. He said this at the opening ceremony of the second day of the 2022 ASEAN Leadership and Partnership […]

A consortium led by Singaporean renewables infrastructure developer WEnergy Global Pte Ltd (WEG) has won a contract in a tender to build 16 microgrids with solar power components in the Philippine province of Palawan.