Asian Development Bank to stop financing coal plants
The Asian Development Bank (ADB) will stop financing new coal power plants under a draft energy policy released Friday, a move that was cautiously welcomed by environmental groups.
Asian Infrastructure Investment Bank commits US$100 million to ADM Capital’s latest renewable debt fund
Hong Kong-based private credit manager ADM Capital said it is raising a US$500 million debt fund focused on financing Southeast Asian renewable energy projects after bagging a commitment from Beijing-based Asian Infrastructure Investment Bank (AIIB) for US$100 million.
Asian Insider: Asia’s energy crisis | Asean snubs Myanmar
Asean has made the unprecedented decision to exclude Myanmar’s junta chief Min Aung Hlaing from the grouping’s summits next week.
Attracting Private Financing for Green Projects Needs Concerted Efforts: HSBC
Jakarta. Sustainable finance, aka financial services that pay special attention to their environmental, social and good governance aspects, can reduce gaps in infrastructure financing—a constraint that has held back long-term growth in Southeast Asia, top executives at London-based lender HSBC said. In its Group Public Affairs Policy note distributed at the 23rd Asean Finance Ministers […]
Australia gives new priority status to AU$22bn renewable energy export project
An Australian solar-plus-storage project that aims to supply 20% of Singapore’s electricity demand has been marked as a priority initiative by advisory group Infrastructure Australia.
Australia’s Ambitious $16 Billion Solar Project Will Be The World’s Biggest
The world’s most ambitious renewable energy project to date is the proposed Australia–ASEAN Power Link. This project would combine the world’s largest solar farm, the largest battery, and the longest undersea electricity cable. The 10 gigawatt (GW) solar farm would cover 30,000 acres in Australia’s sunny Northern Territory. That is about the equivalent of 9 million […]
Australia’s Northern Territory eyes ‘electricity superhighway’ to enable renewables integration
The development of long-distance transmission links that could support the creation of renewable energy zones in Australia’s Northern Territory (NT) is being explored by the local government.
B Grimm alots 38.5 billion Baht till 2022 in Asean
B Grimm Power Plc has set aside more than Bt38.5 billion for investment in its power projects with the aim of achieving 5,000 megawatts by 2022, the company’s chief executive officer Preeyanart Soontornwata said after opening its largest solar farm electricity plant in Tay Ninh, Vietnam in last week. “We will focus on green energy […]
B20 elucidates on ASEAN’s condition through traffic light imagery
Davos, Switzerland (ANTARA) – Indonesia B20 Chair Shinta Kamdani used the traffic light imagery concept at the World Economic Forum Annual Meeting 2022 Strategic Outlook on ASEAN to highlight challenges that ASEAN encounters within the geo-economic and political context.
Biogas as a sustainable energy solution for Southeast Asia
The recent advent of a circular economy highlights the importance of anaerobic digestion and biogas. Anaerobic digestion is a process where large organic matter is broken down into small molecules in the absence of oxygen. During this process, biogas is produced, which consists of 60-70 per cent methane and 30-35 per cent carbon dioxide, with the remainder being […]