Blockchain gaining ground in Southeast Asia
20 years ago, no one could have accurately predicted the huge impact that inventions like the smartphone and the World Wide Web would have on humankind. As technology advances at a breakneck pace, the same could be said about blockchain technology. It’s a common misconception to conflate blockchain with cryptocurrencies like Bitcoin, Ethereum and Litecoin. […]
Low carbon electricity generation, carbon pricing could reduce emissions in Asean: MIT report
KATOWICE, Poland – The ongoing United Nations (UN) climate change talks in Poland have emphasised the need for the world to drastically reduce its emissions to avoid the worst impacts of climate change, with many nations arguing that both developing and developed countries should bear the responsibility of doing so. But how can rapidly developing […]
Carbon shift still not a threat to coal-using firms’ credit worthiness
The drive toward carbon mitigation and away from fossil fuels is expected to have a gradual effect on coal-using companies and is not a significant risk on their credit worthiness, according to Moody’s Investor Service. However, Moody’s, in its Power Asia 2019 outlook report, said companies that operate coal-fired power plants would see their cash […]
House OKs Legarda son’s solar energy supply franchise on final reading
MANILA, Philippines — The House of Representatives has approved on final reading a bill granting renewable energy distribution franchise to Solar Para Sa Bayan Corp. (SPSB) owned by 25-year-old Leandro Leviste, son of Senator Loren Legarda. An overwhelming 198 congressmen voted Monday to pass House Bill No. 8179 or an act granting the SPSB a […]
1-MW Solar Array to cut carbon emission of TMPC plant in Laguna
Toyota Motor Philippines Corp. (TMPC) inaugurated its 1-megawatt (MW) Solar Array at its assembly plant in Laguna. In a statement on Wednesday, the company said this was one of TMP’s major initiatives to minimize its carbon footprint and help mitigate the effects of climate change, based on the global Toyota Environmental Challenge (TEC) 2050. TMP […]
TNB invests RM133 mil in Indian power plant
KUALA LUMPUR (Dec 10): Tenaga Nasional Bhd (TNB) is subscribing to a compulsorily convertible debenture (CCD) for 2.256 billion rupees (RM133.17 million) to facilitate its direct investment in the construction of a hydroelectric power plant in India. The CCD is issued by GMR Bajoli Holi Hydropower Pvt Ltd (GBHH), which is constructing the 180MW run-of-river […]
Worldwide Holdings allocates RM1b to develop WTE plant in Jeram, Selangor
SHAH ALAM: Worldwide Holdings Bhd, a Selangor state government unit, has set aside RM1 billion for two phase development of waste-to-energy (WTE) facilities on a 15 acre of land in Jeram Sanitary Landfill in the state. The WTE plant will be part of the group’s integrated solid waste management centre (ISWMC), a holistic waste management […]
Nexif hits go on final 86MW of Lincoln Gap Wind Farm, with close of CEFC debt deal
South Australia’s 212MW Lincoln Gap Wind Farm – which is set to host the state’s third big battery, and possibly solar, too – is moving ahead with stage two of construction, adding the final 24 turbines and 86MW of generating capacity to the project. Singapore-based project developer Nexif Energy said this week that the second […]
Singapore ranks fifth in total green office space certifications
It lagged behind Beijing and Sydney with only around 13 million sqft of certified green space. Singapore came in fifth place across the six major gateway cities in Asia Pacific (APAC) analysed in terms of the largest volume of green office space with approximately 13 million sqft, according to a report by CBRE Research. Shanghai […]
PV Oil to sell State’s stake
A PV Oil technician in Thừa Thiên-Huế pumps fuel into petrol tanks for distribution. — VNA/VNS Photo Huy Hùng Viet Nam News HÀ NỘI — PetroVietnam Oil Corporation (PV Oil), the second-largest petrol dealer in the country, will sell the State’s stake in a package deal instead of splitting it into different small sales, news […]