The World Bank (WB), acting on behalf of the Green Climate Fund (GCF), has signed a 11.3-million-USD grant with the State Bank of Vietnam to support the development of a commercial financing market for industrial energy efficiency investments.

New Delhi: British International Investment (BII), formerly CDC Group, the UK’s development finance institution (DFI) and impact investor, has big plans to commit investments aimed at boosting clean and sustainable economic growth in India and the larger Southeast Asia region. In an exclusive interview with ETEnergyworld, Srini Nagarajan, Managing Director and Head of Asia, BII puts this growth strategy […]

Climate change is a pressing global issue that countries need to combat not only in their individual capacities but also at an intergovernmental level. Given the degree of the threat faced by communities worldwide, discussions around climate have come to the forefront of the global collaboration agenda. All eyes were on the 24th Conference of the Parties […]

WELLS Fargo International Solutions LLC – Philippines (Wells Fargo Philippines) recently announced it has entered into a retail electricity purchase agreement with Aboitiz Power Corporation through its subsidiary, AP Renewables, Incorporated (APRI), for the fulfillment of its renewable energy needs.

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.

YANGON—The Myanmar government has added to the country’s “project bank” of officially endorsed infrastructure plans nearly six dozen new major investment projects worth billions of dollars, including the construction of research and laboratory facilities, expressways and bridges, power supply projects and inland ports across the country.

Much of the growth in Asian green bond issuance is in China, with Southeast Asian countries gaining momentum. What can the finance industry do to boost green investments in developing nations in Southeast Asia? While the global market for green bonds reached a record of more than US$155 billion last year, there are still only a few banks in developing countries in […]

Jakarta (ANTARA) – Asian Development Bank (ADB) president Masatsugu Asakawa has thrown his weight behind Indonesia’s efforts to usher in sustainable economic growth. “ADB will fully support Indonesia through knowledge and partnership in ADB’s sovereign and private sector operations,” he said at an International Climate Change Conference (ICCC) in Jakarta on Thursday.

FOR most of the first quarter, the price of liquefied natural gas (LNG) has been languishing at less than US$3 per million British thermal unit (mmBtu), lower than the past six-month average of US$3.30. The low price was driven by the huge supply coming from Australia and the US, as well as lower-than-expected demand as […]

Despite Vietnam’s huge potential, by the end of 2020, wind power accounted for less than 1 per cent (or 670MW) of the nation’s total installed capacity.