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PUB plans to launch inaugural green bonds in August

Singapore’s national water agency PUB plans to launch its inaugural green bonds later this month. The bonds will be part of a new S$10 billion multicurrency medium-term note programme, the agency said on Thursday (Aug 18).

Malaysia’s Tenaga to invest $4.5 bln a year to speed energy transition

Malaysian utility Tenaga Nasional Bhd (TNB) (TENA.KL) said on Wednesday it was aiming for capital expenditure of about 20 billion ringgit ($4.48 billion) annually till 2050 to fast track its energy transition plans.

RATCH to acquire Nexif Energy portfolio

Denham Capital and Nexif have signed a share sale agreement with Thailand’s RATCH Group for Nexif Energy’s portfolio of renewable energy and storage assets in the Asia Pacific.

JERA takes stake in Vietnamese renewables player

ERA, through its subsidiary JERA Asia, is taking a stake in Vietnamese renewable energy producer Gia Lai Electricity Joint Stock Company (GEC).

Petronas: VFP approves RM1.6bil funding as of July 2022

The Petronas Vendor Financing Programme (VFP) continues to make positive impact on the industry with more than 260 applications and RM1.6 billion worth of funding approved as of July 2022.

China’s new battery charges EV revolution in Thailand

Great news for Thailand’s commuters as they get on board with the electric vehicle (EV) revolution. A new battery has been developed to ensure travelers can get to their destination faster and uninterrupted.

5 Philippine cities to lead $3.8-billion electric vehicle drive

Five major cities in the Philippines will spearhead the electric vehicle (EV) and charging infrastructure deployment under a partnership between the Department of Trade and Industry (DTI) and the United Nations Industrial Development Organisation (Unido), it was announced Friday.

President Jokowi wants Tesla to make electric cars in Indonesia

President Joko “Jokowi” Widodo has urged electric vehicle (EV) maker Tesla to manufacture its cars, as well as batteries, in the country, in comments made to Bloomberg News on Thursday.

Cambodian minister calls on people to buy electric vehicles

Cambodia’s Minister of Public Works and Transport Sun Chanthol on Thursday called on people to use electric vehicles (EVs) as some 155 new EVs were registered in the first seven months of this year.

ERC begins reset process for power transmission rates

The Energy Regulatory Commission (ERC) has begun the process of resetting transmission rates, one of the charges power distributors levy on electricity consumers. The ERC promulgated Resolution No. 08, Series of 2022, or the Amended Rules for Setting Transmission Wheeling Rates, to restore balance in transmission regulation. It jump-starts the rate reset process of the country’s sole […]