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Malaysian state seeks greater investment in GreenTech

According to a recent report, the Malaysian state of Kedah recently announced that it is inviting investors to develop more green technology-based projects in the state, especially those relating to solar power. The state’s Chief Minister said this would not only create more jobs but also establish many new business opportunities in terms of the […]

Meralco to launch power service in two islands in Batangas, Quezon

MANILA Electric Co. (Meralco) is set to distribute electricity to two islands in Quezon and Batangas, within its franchise area less than a year after the Department of Energy (DoE) called out the country’s biggest distribution utility for failing to energize these areas. “The ceremonial switch-on [in Isla Verde] is scheduled for Friday [Feb. 15],” […]

Gas prices increase following uptrend in global oil market

MANILA, Philippines — Oil companies are raising pump prices today following the uptrend in the global oil market. Oil firms announced gasoline prices will be raised by P0.90 per liter, diesel by P0.55 per liter and kerosene by P0.85 per liter. The price hike comes a week after companies rolled back pump prices. In separate […]

IFC invests $75m in green bond issued by Philippines’ AC Energy

International Finance Corporation (IFC), a member of the World Bank Group, committed an investment of $75 million in a green bond issued by AC Energy Finance International Limited and guaranteed by AC Energy, according to an official release. IFC’s investment anchored a five-year, $300-million green bond listed on the Singapore Exchange. It is the first […]

100 Honda PCX e-scooters have been leased for P2,000/month in Romblon

Imagine a place with no shopping malls, no movie houses, no air-conditioned buses, no five-star hotels, no fast-food chains, and no theme parks. We bet you’d have second thoughts about staying in such a place, especially for a long period of time. We’re talking about Romblon, a place so small, a tourist can easily complete the […]

Preview: What to expect from upcoming presidential debate on energy

In less than a week, President Joko “Jokowi” Widodo and Prabowo Subianto will once again face each other in the second-round presidential debate. Organized by the General Election Commission (KPU) on Feb. 17, the event will see both candidates explain to the public their views and plans on energy, food, natural resources, the environment and […]

Generating a smart energy strategy

As Vietnam is a developing country, the demand for energy, particularly for electricity to meet socioeconomic development requirements, is ­tremendous. Local power consumption has jumped sharply in the past 15 years, with about 9.5 per cent hike a year in actual production output, and is forecast to continue rising quickly in the next 15 years. […]

Renewable energy-led pathway vital for Vietnam

Renewable energy could become Vietnam’s lowest-cost option to meet its energy needs, according to a whitepaper released by global management consulting firm McKinsey & Company at a press conference held on January 23. At the press conference ‘Exploring an alternative pathway for Vietnam’s energy future’ evaluates how Vietnam could meet its growing energy demand at […]

AC Energy to focus on existing expansion projects in Vietnam, Australia

MANILA, Philippines — AC Energy Inc., the energy platform of the Ayala conglomerate, is focusing on its over 700-megawatts (MW) renewable energy developments in Vietnam and Australia before finding its fifth market for its regional expansion. The Ayala firm has recently bought a 25 percent stake in The Blue Circle Pte. Ltd. (TBC), a Singapore-based […]

Companies await electric vehicle regulation

Several companies have expressed their readiness to develop and operate electric vehicles although the government has not yet completed a regulation that would provide incentives for their development and adoption. PT Bakrie & Brothers has announced that it would soon launch an electric bus, produced in cooperation with Chinese automaker Build Your Dreams Auto (BYD). […]