SP Group unveils green energy trading marketplace
City Developments Limited and DBS were amongst the first of its renewable energy certificates (RECs) buyers. Singapore’s SP Group launched a digital marketplace powered by blockchain technology to allow companies to trade RECs which is a document used to offset the use of non-renewable energy, an announcement revealed. “Through blockchain technology, we enable companies to […]
Banks race to fund green energy projects
HÀ NỘI — Commercial banks are rushing to provide loans for green energy projects amid a wave of investment in the growing industry, dubbed a landmark for the country’s renewable energy outlook. Vietcombank has recently approved a VNĐ785 billion (US$33.55 million) loan for the BP Solar 1 project, which has total investment capital of VNĐ1.2 […]
The business case for net zero in Malaysia — Malaysia Green Building Confederation
OCTOBER 29 — This letter is in response to Malay Mail’s article, dated 18 September 2018, titled “Putrajaya says no to nuclear energy, but keen on coal from East Malaysia“. While it is most admirable that nuclear energy is not being considered anymore in Malaysia, going for conventional energy sources, such as coal, is not […]
Policies will continue to be adjusted to support the energy sector: Chan Chun Sing
SINGAPORE: The Government will not shy away from making tweaks and adjustments to policies if needed to support Singapore’s energy sector, given the changes in the global energy landscape, said Trade and Industry Minister Chan Chun Sing in an interview with Channel NewsAsia. “We will continually tweak our policies to encourage more innovation, to encourage […]
Local farmers to have easier access to financing
KUCHING: Investors and farmers will now have easier access to financing in the Sarawak Corridor of Renewable Energy (Score) area with the signing of Memorandum of Understanding (MoU) between the Regional Corridor Development Authority (Recoda) and Agrobank during the Agrofest 2018 today. The signing of the MoU was to enable potential investors and agricultural entrepreneurs […]
Transplant a man with a plan
Kulit Sombatsiri is the first permanent secretary in Energy Ministry history to announce his clear-cut work plans in the first week on the job. Kulit Sombatsiri is the first permanent secretary in Energy Ministry history to announce his clear-cut work plans in the first week on the job. “I want to make it clearer and […]
Better green finance for better environment: Swedish recommendations
Investing in renewable energy is an emerging trend in Việt Nam in response to worsening environmental destruction and the gradual disappearance of essential livelihoods. Việt Nam News talks with Gustav Martinsson, associate professor of financial economics at the Sweden Royal Institute of Technology, about green finance and international experiences that show how Việt Nam’s Government […]
RAM rates world’s first UN SGD sukuk issued by HSBC Amanah Malaysia
KUALA LUMPUR: RAM Ratings has rated the world’s first United Nations (UN) Sustainable Development Goals (SDG) sukuk issued by HSBC Amanah Malaysia Bhd. The sukuk is under the bank’s RM3bil multi-currency sukuk programme (2012/2032) which carries an AAA/stable rating. “This global first by HSBC Amanah puts Malaysia again on the sustainable finance world map,” says […]