With its great potential for renewable energy development, Vietnam will be able to lure tens of billions of US dollars into such projects and ultimately meet its energy efficiency targets once it advances energy and electricity price adjustments, along with many other solutions. A few weeks ago, the United Nations Development Programme (UNDP) released a […]

The German Embassy on Thursday announced its first loan to the Kingdom of Cambodia of €30 million ($34.06 million), which will be used to upgrade its rural energy grid. The embassy said in a statement after a meeting with Electricite du Cambodge (EDC – Electricity Authority of Cambodia) that by investing in rural energy efficiency, […]

KUALA LUMPUR: The Malaysian Investment Development Authority (MIDA) has recorded 111 potential business projects worth RM4.1 billion from its recent participation in the ninth International Greentech & Eco Products Exhibition and Conference Malaysia (IGEM 2018). Chief Executive Officer Datuk Azman Mahmud said of the total, RM3.7 billion was in the services sector while the rest […]

Activists in Indonesia have called on three South Korean financial institutions to withdraw their funding for new coal-fired power plants to be built in Java. The plants will be part of a complex that is already the biggest polluter in Southeast Asia, whose proximity to the metropolis of Jakarta could put the health of 30 […]

As a growing number of people become acutely aware of the need to protect the environment, the demand for goods and services that are sensitive to such inclinations will undoubtedly increase. Green bonds, energy efficient buildings, solar parks, and wind farms are just some of the many initiatives that can help attain the goal of […]

Paris, 12 November 2018.  Singapore-headquartered Sindicatum Blockchain Technologies today launched its Reneum platform at the Paris Peace Forum. Reneum’s aim is to mobilise additional investments in renewable energy of $100bn by 2030, when 60 per cent of the world’s energy use should come from renewable sources if we don’t want to all fry from climate […]

The Asian Development Bank (ADB) has signed a $227.7m loan deal with Gulf SRC Company to build a 2,500MW combined cycle power plant (CCPP) in Thailand’s Chonburi Province. Established in 2012, Gulf SRC builds and operates power plants and is completely owned by Independent Power Development, a joint venture (JV) between Thailand-based power generation company […]

Hanoi (VNS/VNA) – The banking sector plays a key role in “green” investment, including directing credit flow into environmentally-friendly sectors and restricting flow into projects which might have negative impacts on the environment. This was highlighted at a conference about developing green banking in Vietnam organised by the Banking Strategy Institute in Hanoi on November […]

Toyo Thai Power Myanmar Co Ltd (TPMC) plans to invest between US$350 million (K471 billion) to US$500 million to set up a liquefied natural gas (LNG) power plant, U Htet Aung Mon, general manager of TTCL Power Myanmar said. TPMC is the subsidiary of Thailand-based TTCL Public Co Ltd. The LNG power plant expected to […]

Singapore — The Asian Infrastructure Investment Bank is no longer a policy tool tied to Beijing’s Belt & Road Initiative and has committed nearly half of its $6 billion loans to energy projects ranging from power plants to natural gas pipelines, Pang Yee Ean, Director General of Investment Operations at AIIB, said in an interview […]