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Rooftop solar power enterprises struggle with dual challenges

Solar power systems installed on the rooftops of buildings. — VNA/VNS Photo Rooftop solar power enterprises are now facing not only construction and legal entanglements but also high interest rates, said industry insiders.

Denmark’s leading wind energy firms eyeing opportunities in PH

MANILA – Danish Ambassador to the Philippines Franz-Michael Mellbin said the liberalization of the renewable energy (RE) sector in the Philippines has attracted the interests of Denmark’s largest wind energy companies. On the sidelines of a recent event at the Department of Energy (DOE), Mellbin told reporters that the Royal Danish Embassy here is “looking at […]

Cambodia Halts Hydropower Construction on Mekong River Until 2030

Experts in Cambodia have welcomed the government’s recent halt on hydropower development on the Mekong River until 2030, but called on the government to focus on renewable energies.

Fitch: PH’s renewable energy policy reforms gaining ground

MANILA – The Philippine government’s policy reforms and measures in strengthening the renewable energy (RE) sector are gaining ground amid the increased interest from the private sector to invest in RE in the country.

East Asia investors eye RE projects in Philippines

MANILA, Philippines — The Philippines is seeing interest from investors in Taiwan, Japan and South Korea, particularly for renewable energy (RE) projects, according to the head of the Board of Investments (BOI).

PBBM sees closer ties with Chile, Qatar, Brunei, Malaysia

MANILA — President Ferdinand “Bongbong” Marcos Jr. on Thursday expressed hope for an enhanced cooperation with Chile and Qatar, particularly in the areas of disaster response, climate change adaptation, energy security and revenue mobilization. Marcos made the remark as he welcomed the two countries’ new ambassadors to the Philippines — Chilean Ambassador Alvaro Domingo Jara Bucarey […]

Pertamina Geothermal prepares US$250 million of budget for capex

Jakarta (ANTARA) – PT Pertamina Geothermal Energy Tbk (PGE) has prepared a capital expenditure (capex) budget of US$250 million in 2023. PGE Finance Director Nelwin Aldriansyah noted in a statement obtained here Tuesday that the 2023 capital expenditure budget rose 316.67 percent year-on-year (yoy) as compared to only US$60 million recorded in the previous year.

Businesses need to accelerate their existing adoption of digitisation, electrification and automation in an effort to curb climate change and gear towards sustainability.

ASEAN Advances Clean Energy Transition with Innovative Funding and Collaborative Partnerships

The 2023 ASEAN Chair agenda, themed “Epicenter of Growth,” highlights two crucial principles: energy security and funding stability. To bolster the energy transition in the region, ASEAN leaders underscored the need for innovative financing solutions.

Australia Announces $50m Climate Funding for Indonesian SMEs

Jakarta. Australia will provide $50 million in climate funding to Indonesia’s small and medium enterprises (SMEs) as well as startups, according to Australian Prime Minister Anthony Albanese when hosting President Joko “Jokowi” Widodo in Sydney.