SP Group launches platform for households, small producers of solar energy to sell ‘green credits’
SINGAPORE – It is now easier for small producers of solar energy in Singapore to sell “green credits” to buyers keen to offset their carbon footprint. To link up these buyers and sellers, SP Group has launched a digital marketplace powered by blockchain technology, thus ensuring safe, transparent and fast transactions. The power utilities firm […]
Asean energy ministers renew push to go green
SINGAPORE – Asean has exceeded its energy efficiency goals, reducing its energy intensity by more than 20 per cent in 2016 compared to 2005 levels, well ahead of its 2020 target. The grouping, which Singapore chairs this year, also said that it would set up green building codes for the entire region, and that it […]
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 […]
China can help Philippines solve energy issues: Wang
MANILA — Chinese companies are willing to help their Filipino counterparts solve energy issues, Beijing’s top envoy said Monday after meeting his Philippine counterpart. China has “mature” equipment, technologies, personnel, training and the financial capability to help the Philippines develop solar, hydro, wind and nuclear power, State Councilor and Foreign Minister Wang Yi said. Wang […]
Socio-Economic Benefits of a Sustainable Energy Future in Southeast Asia
IRENA’s commitment to supporting a sustainable energy transition in Southeast Asia will be showcased during the Singapore International Energy Week (SIEW) starting next week. Various, high-level events throughout the week will offer insight and knowledge across a broad range of topics related to renewables in the region, including policy-making, finance and investments, off-grid solutions and […]
Power Trip: Southeast Asia’s bumpy journey to a low carbon economy
A new report on Asean’s energy landscape launched at the Asia Clean Energy Summit in Singapore takes a critical look at the barriers and drivers at the heart of the region’s transition to a low carbon economy. Singapore, 31 October, 2018—A new ground-breaking study launched today by Eco-Business puts a spotlight on Southeast Asia’s transition […]
EU urges PH to tap available funding for innovative energy projects
MANILA — The European Union’s (EU) delegation to the Philippines urged local stakeholders to tap its available funding for sustainable and reliable energy projects. EU Project Manager for Cooperation Section Willy Hick said Thursday during the Energy Smart 2018 of the European Chamber of Commerce of the Philippines that EU’s Access to Sustainable Energy Programme […]
Calls for removal of energy obstructions
As Vietnam strives to ensure sufficient energy sources, it has been urged by the international community to enable private investors to engage more in the country’s energy industry. Last Wednesday, Hanoi hosted an event of high significance: the launch of the “Special Report on Global Warming of 1.5 degrees Celsius” by the Intergovernmental Panel on […]
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 […]
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 […]