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PM: Malaysia to promote potential of green industries and jobs in Asean

KUALA LUMPUR: Malaysia hopes to promote the identification of potentials and prospects for green industries and jobs in Asean member states besides developing corresponding policies. Prime Minister Tun Dr Mahathir Mohamad said this while referring to the Malaysia’s role as the chair of the association’s labour sector from 2018 to 2020. “Going further, we look […]

Government optimistic of meeting 20pc renewable energy target over next seven years

KUALA LUMPUR, Nov 27 — The government is optimistic of achieving its target of 20 per cent electricity generation from renewable energy (RE) sources, equivalent to 3,991 megawatt (MW), over the next seven years via various initiatives, programmes and policies. To realise this target, Minister of Energy, Science, Technology, Environment and Climate Change Yeo Bee […]

Malaysia’s Petronas sets up team for renewable energy push

KUALA LUMPUR (Reuters) – Malaysian state-owned oil and gas firm Petroliam Nasional Berhad, or Petronas, has set up a new business within the group to make a push into renewable energy, the head of the new venture said on Tuesday. Petronas has expressed interest over the last year to diversify into renewables amid low oil […]

Southeast Asia one of the most vulnerable regions to climate change: Eco-Business report

Southeast Asia is one of the most vulnerable regions in the world to climate change, with coastlines and densely populated low-lying areas that are increasingly threatened by rising sea levels, according to a study by Eco-Business. The new report on Asean’s energy landscape titled “Power Trip: Southeast Asia’s journey to a low carbon economy” found […]

Shell: Switching to renewables in the 90s would have bankrupted us

Energy giant was aware of the impacts of global warming decades ago. But shifting to renewables early on would have ruined the company, a top executive said this week. Suing fossil fuels firms for climate change is “a waste of society’s money and time,” he said. Although Shell was aware of the catastrophic consequences of climate […]

Prabowo makes case for Indonesia to be self-sufficient

Presidential candidate’s big push strategy includes food, water, energy self-sufficiency Indonesia’s presidential candidate Prabowo Subianto has said he has a “big push strategy” to make the country a prosperous nation, catching up with some of its South-east Asian neighbours. Among the core programmes is achieving self-sufficiency in food, energy and water, Mr Prabowo said in […]

South Korean company to donate energy-saving cooking stoves

GS-Caltex Corp., one of South Korea’s leading refineries, said Tuesday that it will donate 50,000 energy-saving cooking stoves to Myanmar as part of a corporate social responsibility (CSR) drive. The eco-friendly cooking stoves can reduce fuel costs by up to 66 percent and will be provided to low-income households in Myanmar that mostly rely on […]

Indonesia, Germany commemorate 25 years cooperation in renewable energy

Jakarta, Nov 21 (ANTARA News) – The Indonesian and German governments commemorate 25 years of cooperation in renewable energy through the 2018 Indonesian-German Renewable Energy Day (RE Day) Forum. “The 2018 RE Day Forum is expected to strengthen cooperation between Indonesia and Germany in the future, both at the government and business levels; and provide […]

VN wants more investment from India: leader

HÀ NỘI — Việt Nam expects Indian firms to invest more in Việt Nam, Deputy Prime Minister Trịnh Đình Dũng said at the Việt Nam-India Business Forum held in Hà Nội on Monday. The fields expected to lure Indian investment include renewable energy, manufacturing industry, information technology and infrastructure construction, he said. Việt Nam also […]

DoE order identifies sources of Renewable Energy Fund

The Department of Energy issued the guidelines for the operationalization of the Renewable Energy Trust Fund that will be used for the research, development and promotion of renewable energy sources. The RE fund, according to Department Order 2018-10-0018, will be obtained from the emission fees collected from power generating companies under the Philippine Clean Air […]