Huge floating solar farm puts Thailand on track towards carbon neutrality
In Thailand’s northeastern province of Ubon Ratchathani, a reservoir has been transformed into a shimmering network of solar panels – capable of reducing the kingdom’s carbon emissions by 47,000 tonnes every year.
Iberdrola enters Philippines market with 3.5GW pipeline
Iberdrola has signed an agreement with Triconti ECC Renewables, the Philippines’ largest independent wind developer, sealing an option to enter five offshore wind projects with up to 3500MW capacity. The deal, which also involves Swiss renewable energy company Stream Invest Holding, will see Iberdrola become a major, long-term renewable energy investor in the Asian country.
IEA and Singapore’s EMA launch sustainable energy policies programme in smart cities
The International Energy Agency (IEA) estimates that Southeast Asia’s electricity demand is set to grow at an average rate of 4% annually, based on today’s policy settings. This could result in a doubling of demand by 2040 from 2019 levels, the IEA.
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.
Implementing the ESG Framework, Pertamina is the Pioneer of Indonesia’s Energy Transition
JAKARTA, Indonesia, Dec. 9, 2020 /PRNewswire/ — PT Pertamina (Persero) is gradually making an energy transition. Energy transition, commonly known as decarbonization, has become the agenda and target of companies globally, including oil and gas companies.
Indonesia can gain investors’ trust through Country Platform: KSP
Jakarta (ANTARA) – The government can gain the investors’ trust to help accelerate clean energy efforts through the Country Platform for the energy transition mechanism (ETM), Expert Staff from the Presidential Staff Office (KSP), Hageng Nugroho, stated.
Indonesia committed to increasing use of green energy in industry
Jakarta (VNA) – The Indonesian government is committed to build an industry based on green energy, Minister of Investment Bahlil Lahadalia has said.
Indonesia encourages comprehensive energy transition: Ministry
Jakarta (ANTARA) – The Ministry of Energy and Mineral Resources encourages G20 member countries to conduct comprehensive and meticulous energy transition while facing various global challenges by taking into account competitiveness, cost, availability, and sustainability.
Indonesia eyes massive investments in renewable power
The Indonesian government estimates that total investment of up to $1,043 billion will be needed to develop new power plants fuelled by renewable energy to achieve its goal of carbon neutrality by 2060. The Southeast Asian nation is currently heavily reliant on coal for power generation.
Indonesia is learning lessons from South Africa’s tough energy transition deal talks
Talks between donor countries and South Africa on a coal-to-renewables finance deal have been slow and difficult. Indonesia wants to do things differently.