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New version of ASEAN taxonomy hoped to help with coal phase-out

Jakarta (VNA) – The Association of Southeast Asian Nations (ASEAN) has recently launched the second version of its taxonomy for sustainable finance, expected to help the region unlock financing for coal phase-outs.

Philippines set to receive first-ever LNG cargo for power generation

THE Philippines has bought its first-ever liquefied natural gas (LNG) cargo, which will be delivered this month, bound for a new terminal that will fuel a 1,200-megawatt (MW) power plant, global energy trader Vitol said on Monday (Apr 3).

Myanmar Regime Signs Energy Agreement With China

With Myanmar suffering an acute energy shortage, a Chinese delegation from Yunnan Province signed a power purchase agreement with the military regime on Sunday.

Australian Governor-General’s Việt Nam visit: new impulse for bilateral ties

VIETNAM, April 3 – HÀ NỘI — The State visit to Việt Nam by Governor-General of Australia David Hurley from April 3-6 is expected to create new momentum for the bilateral ties, according to a scholar from the University of Queensland in Australia.

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.

Work starts on Vietnam’s first green hydrogen plant

Tra Vinh (VNS/VNA) – TGS Tra Vinh Green Hydrogen Company, a member of The Green Solutions Group, has started construction of Vietnam’s first and largest green hydrogen factory in the Mekong Delta province of Tra Vinh’s Duyen Hai district, with total investment of 8 trillion VND (341 million USD).

SMC to power 1,000 MWh of battery energy

MANILA, Philippines — San Miguel Corp. (SMC) is targeting to complete this year a nationwide battery energy storage systems (BESS) network with a combined capacity of 1,000 megawatt hours that will propel the Philippines as one of the world’s leaders in the use of BESS technologies.

Lower electricity bills from April to June as tariff falls by 5.4%

SINGAPORE – Consumers in Singapore will pay less for electricity in the April-June quarter as the tariff drops by an average of 5.4 per cent from the first quarter. For households, the electricity tariff before goods and services tax (GST) will fall from 28.95 cents to 27.43 cents per kilowatt-hour (kWh) from Saturday to June […]

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.