The Asian Development Bank (ADB) plans to invest 5 billion Thai baht (US$155 million) in Thailand-based B.Grimm Power Public Company Ltd via five- and seven-year green bonds. Reportedly, the bonds are the first certified climate bonds issued in the country. According to the bank, the proceeds have been earmarked for nine operational solar PV plants […]

KATOWICE, Poland, Dec 11 2018 (IPS) – Although Indonesia has attained decent economic growth of over five percent in the last decade, in order to ensure sustainable growth in the future the switch to renewable energy (RE) will be critical, says the country’s government. “If we don’t focus on low carbon development, we cannot continue […]

MANILA, Philippines — Ayala Corp., the country’s oldest conglomerate, is bent on aggressively growing its renewable energy portfolio to become an even bigger RE player in the country and beyond, its president and COO Fernando Zobel de Ayala told The STAR. In an email interview, Zobel said the company’s renewable energy investments have been growing fast. Thus, the […]

ENVIRONMENTAL watchdog Greenpeace has called Thailand’s Power Development Plan 2018 (PDP) “sugar-coated” despite its embrace of more renewable energy, saying it still hinders efforts to reduce greenhouse-gas emissions. The Energy Policy and Planning Office (EPPO), which drafted the PDP, affirmed at public hearings last week that it had removed plans for the Krabi and Thepa […]

What is the overall objective of the Vietnam Energy Partnership Group? The Vietnam Energy Partnership Group (VEPG) was established in June 2017 under an agreement between the Vietnamese government and development partners with the purpose of strengthening mutual partnerships and better aligning and co-ordinating external support to the Vietnamese energy sector. The VEPG is chaired […]

December 5 (Renewables Now) – Finnish consulting and engineering firm Poyry Plc (HEL:POY1V) said on Monday it has entered into a three-year framework agreement for the development of various renewable energy projects in Indonesia, including hybrid schemes. The contract was awarded by PT Indonesia Power, a unit of state-owned power distributor PT PLN, and covers […]

Indonesia is one of the world’s largest emitters of greenhouse gases, but manages to fly well below the radar. World leaders are gathered this month in Katowice, Poland, for COP24, the most important global meeting on climate change since the 2015 UN Climate Conference in Paris. At the top of agenda: getting countries to agree on […]

In such a fast-paced world, when are you going to make time to take a look at what’s happening around you? With rampant development happening all over the world, there always seems to be a race to be better, to develop more, to be the first to innovate. However, such innovations and progress do not […]

The Filipino Department of Energy (DOE) has signed a memorandum of understanding (MOU) with the provincial government of Palawan to develop a new renewable energy scheme. The Renewable Energy Applications Mainstreaming and Market Sustainability (DREAMS) project aims to improve energy efficiency, safety, security in Palawan, which is a thin archipelagic province in the far southwest […]

While the region can’t give up on coal for now, there is a lot it can do to get clean. December 12 marks the third anniversary of the Paris Agreement, a compact intended to catalyze a global reduction in carbon emissions. Yet all the statistics suggest the problem is getting worse: the latest report from the International Energy […]