Showing 1-10 of 16 results

AC Energy agrees HSBC debt for 160-MW wind farm in the Philippines

March 16 (Renewables Now) – Philippine-based AC Energy Corp (PSE:ACEN) will use debt from HSBC Holdings Plc (LON:HSBA) to partly fund the construction of a 160-MW wind farm in the northern Philippine province of Ilocos Norte.

Philippines launches tender for 2GW of renewables

The energy department of the Philippines’ government has begun an auction to award two gigawatts (GW) of renewable energy capacity via its green energy auction programme.

Budget 2022 debate: Call to explore hydrogen, nuclear power to diversify S’pore’s energy mix

As the Republic looks to diversify its energy sources, it can explore hydrogen and nuclear power, said Dr Tan Wu Meng (Jurong GRC) in Parliament on Monday (Feb 28), the first day of the debate on Budget 2022.

European renewable energy firm to invest $10 billion for hub in Singapore, regional projects

EDP Renewables (EDPR), the world’s fourth-largest renewable energy producer, will invest $10 billion by 2030 to establish its Asia-Pacific headquarters in Singapore, while continuing to develop new clean energy projects across the region, the company said on Thursday (Feb 24).

Malaysia the prime issuer of sustainability sukuk in Asean

Malaysia leads in Sustainable and Responsible Investing (SRI) sukuk issuance among the ASEAN6 countries, accounting for US$3.6Billion (RM16.32Bil) of issuance value or 56% of the total ASEAN SRI sukuk issuance as of November 2021, according to a recent research.

Hon Hai to launch EV investment in Indonesia in Q3

Indonesian Minister of Investment Bahlil Lahadalia on Wednesday told a forum in Jakarta that Hon Hai, known as Foxconn internationally, would build a factory on a 200-hectare plot of land in the Batang Industrial Complex in Central Java, Reuters and Indonesia-based news Web site Industry.co.id reported. In addition to vehicles, the factory is to produce […]

HSBC commits $12 bln green financing for Vietnam

HSBC has announced it will arrange financing of up to $12 billion to support Vietnam’s goal of becoming a ‘net-zero’ emissions economy by 2050. From now until 2030, it would mobilize funds from the local and international financial markets to provide a range of solutions for the government and corporate sector to achieve the climate […]

IFC invests 30 million USD in waste-to-energy plant in Vietnam

The International Finance Corporation (IFC) has committed 30 million USD to the construction of a waste-to-energy plant in the northern province of Bac Ninh as part of support for Vietnam to help it reach net-zero carbon emissions by 2050.

Minister outlines schemes to bring investment in car batteries

Minister of Investment / Head of Investment Coordinating Board (BKPM) Bahlil Lahadalia has pointed out several implemented strategies to attract investment in electric car batteries in Indonesia.

Supporting ESG: Pertamina to allocate nine percent of Capex for NRE

Indonesian energy company PT Pertamina (Persero) will allocate around nine percent of its total capital expenditure (Capex) for the 2020-2024 period for its entire new and renewable energy (NRE) initiatives.