SINGAPORE (Jan 14): Trek 2000 International is acquiring a 7.5% stake in energy solutions company Terrenus Energy for US$3 million ($4.06 million). Singapore-incorporated Terrenus offers solar energy systems using solar panels, and has operations in Singapore, Australia and China. With its latest investment, Trek says it plans to collaborate with Terrenus on smart renewable power […]

The Trungnam Group has sold a 49 percent stake in a central Vietnam solar power plant to an electricity equipment manufacturer. The 49 percent stake, whose value has not been disclosed, has been bought by A Chau Industrial Technology, a manufacturer of electrical equipment that has been showing increasing interest in solar power development in […]

Unveiled at the climate summit COP26 taking place in Glasgow, the Association of South East Asian Nations (ASEAN) Catalytic Green Finance Facility, managed by the Asian Development Bank, will increase access to finance for critical infrastructure for ASEAN countries, and will support the development of sustainable infrastructure projects such as renewable energy, clean transportation or […]

SINGAPORE – An upcoming integrated waste treatment facility in Tuas will be the first infrastructure project by a statutory board here that will be financed through green bonds, Minister for Sustainability and the Environment Grace Fu said on Tuesday (Aug 17).

Turkish investors have expressed interest in seeking investment partners in Cambodia in the electricity production and electronics sectors. Guven Uckan, the head of the Electrical Electronics and Services Exporters’ Association (EESEA), said Cambodia had great potential for investment, with a number of Turkish investors currently doing business in the Kingdom. Uckan was speaking at a […]

U ZAW NAING THEIN: The pandemic has had a substantial impact on the global energy sector, including that of Myanmar. However, since only around 55% of the population currently has access to electricity, the pandemic has not affected our business plans to expand electricity distribution dramatically.

The United Arab Emirates (UAE) will invest US$3bn in energy projects ranging from oil refineries to infrastructure for electricity in Indonesia through a sovereign wealth fund set up by President Joko Widodo. The Emirati companies will be equity investors partnering with Indonesian state-owned and private companies. The deals include the Indonesian state-owned oil and natural […]

MALAYSIAN Rating Corp Bhd (MARC) has assigned its preliminary AAIS rating on UiTM Solar Power Dua Sdn Bhd’s (UiTM Solar 2) proposed Green Sustainable and Responsible Investment (SRI) Sukuk of up to RM100 million, with a stable outlook.MARC in a statement today said the stable outlook is backed the company’s 21-year power purchase agreement with […]

A £2.5 million grant under the UK PACT Programme has been announced and a call for project proposals launched in Malaysia.

In a recent interview granted to the Vietnam News Agency (VNA), the diplomat said Vietnam is facing a slew of challenges like increased salinity levels and extreme weather events, and the “very dynamic economy” needs energy to continue its economic development.