KUALA LUMPUR: The fallout from Covid-19 has a significant impact on electricity consumption trends in Malaysia and elsewhere as movement restrictions to stop the spread of the virus have led to sudden change of socioeconomic habits such as commuting, working and playing.
Nearly 100 percent of Cambodia’s villages electrified
German Development Cooperation has invested 30 million euros ($36 million) in concessional lending to Cambodia to enhance energy efficiency and rural power supply.
Indonesia will benefit from a major green investment in the logistics sector that’s set to address a critical infrastructure gap, at the same time creating jobs and supporting a recovery in Southeast Asia’s biggest economy amid the impact from the Covid-19 pandemic.
Indonesia has attracted an estimated 22.33 billion USD in investment in energy and mining in 2020, lower than 31.9 billion USD recorded last year and the target of 36 billion USD set for 2020, according to Ministry of Environment and Mineral Resources (EMR).
In developing countries, energy use from industry rises proportionally to gross domestic product (GDP), according to the 2017 report from the International Energy Agency or IEA. Between 2000 and 2015, Indonesia transitioned from agriculture to industry. The industry sector contributes around 39 percent of Indonesia’s GDP, and the annual energy consumption growth rate in this sector is projected to be 0.54 percent. […]
SINGAPORE (THE BUSINESS TIMES) – The asset management arm of Keppel Corp has launched a second data centre fund, which will focus on making strategic investments in the “fast-growing” data centre sector in the Asia-Pacific and Europe.
Energy Capital Vietnam (ECV) has formed a joint venture with Gunvor International, one of the world’s leading independent energy commodities trading houses.
The Asian Development Bank (ADB) has approved a $171 million loan to Myanmar with the construction of electricity infrastructure.
Boonyanit Wongrukmit, the newly appointed governor of state-run Electricity Generating Authority of Thailand (Egat), vows to reduce bureaucratic hassles and build a more informal atmosphere at work to make Egat more agile in dealing with the fast-changing energy industry.