Some Southeast Asian nations have displayed leadership in facilitating bottom-up renewable energy development. Now it is time for others to follow suit.
Norfund announced on Wednesday that it will administer Norway’s new Climate Investment Fund, which will spend NOK 10 billion (USD 1.14bn/EUR 963m) over five years on renewable energy in developing countries.
Traditionally, the development of electricity systems has been built upon two assumptions: demand is not to be controlled; supply, then, must meet demand.
The proven ability to install large-scale floating PV plants on water bodies across Southeast Asia means financing should be readily available for new projects, it was suggested during a panel discussion today.
Large Chinese investments are overtaking US financing in ASEAN, according to Nikkei Asia. The mainland has already invested more than $5.3 billion under its Belt and Road Initiative (BRI), according to the University of Southern California’s US-China Institute in Los Angeles. On June 22, the mainland agreed with Cambodia to intensify cooperation in transportation networks. […]
Minghui Zhang, Head of Section and Benoit Nguyen, Head of Department at DNV, describe Asia’s renewable energy future. Asia has experienced some of the worst impacts of COVID-19 which have caused major disruptions in the energy sector. Despite the work that remains to contain the pandemic, most Asian countries have embraced the challenge to change […]
Japan has offered ASEAN energy ministers $10 billion in public finance for renewables and LNG projects, as part of a package of measures aimed at helping the group of 10 Southeastern Asian economies accelerate their moves toward energy transition.
The Paris Agreement has been signed by all ASEAN nations and almost all members have declared a carbon emissions reduction target. The diversity in ASEAN’s readiness for energy transition is reflected in the wide-ranging nationally determined contribution targets set for reducing greenhouse gases. An immediate quick win for the renewable energy transition is the harnessing […]
Water to Light: EDL-Gen in power move to lead ASEAN, especially Cambodia in clean energy exporting with IPP
Renewable energy is growing in importance and popularity, EDL-Generation Public Company (EDL-Gen), with over 50 years’ experience working in clean power supply in Lao People’s Democratic Republic (Lao PDR) with state-owned Électricité du Laos, before its separation and subsequent incorporation in 2010, is striding to boost its capital fund from independent power producers (IPP) offshore […]
As the 2021 ASEAN Chair, Brunei Darussalam is hosting the 39th Senior Officials Meeting on Energy (SOME) and its associated meetings at the International Convention Centre, which began yesterday via virtual platform and will run until Thursday.