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In Asia, bonds are finding it’s easier being green

JAKARTA – Just a few years ago, when Mr Clifford Lee, head of fixed income at DBS, sounded out potential clients about their appetite for green bonds – debt sold specifically for sustainable purposes like building a wind farm – conversations were short and tended to end with “no”. That’s because green bonds were no […]

China’s Trina Solar eyes 10% of PHL solar energy market share

China-headquartered Trina Solar on Tuesday said it hopes to capture at least 10 percent of the Philippine market for residential solar energy. The company has just launched its solar rooftop product— the Trinahome Solutions—in the country. In a press conference in Makati City, Trina Solar Philippines country manager Junrhey Castro said the company expect to […]

ADB warns of barriers to waste-to-energy investment

THE DEVELOPMENT of waste-to-energy (WTE) facilities in the Philippines through public-private partnerships (PPPs) may be plagued by uncertainty due to an inadequate legal framework, the Asian Development Bank (ADB) said. “Municipal solid waste (MSW) processing and disposal remains a challenge in Bangladesh, India, and the Philippines. The uptake of WTE as a proven MSW treatment […]

Vietnam Natural Gas Plans Clash with Climate Fears

HO CHI MINH CITY — Vietnam repeatedly calls itself one of the countries that would be most devastated if climate change worsens, but it is also preparing to import liquefied natural gas (LNG), which emits the greenhouse gases that accelerate climate change. Rather than drastically boost renewable energy, Vietnam plans to start using LNG for the […]

Cambodia’s biggest hydropower dam now producing electricity

New Delhi: Cambodia‘s largest hydropower project officially began producing electricity Monday as the country tries to increase its energy capacity to reduce energy imports and help jump-start industrial expansion. Prime Minister Hun Sen inaugurated the 400-megawatt Lower Sesan II hydropower dam in the northeastern province of Stung Treng. The project, constructed on a build-operate-transfer basis, […]

Indonesia coal output seen nearly 500 million T in 2019: Industry body

JAKARTA: Indonesia is expected to produce between 480 million tonnes and 500 million tonnes of thermal coal in 2019, and an estimated 500 million tonnes this year, a leading industry association told reporters on Tuesday. “There is a possibility that output next year will be flat,” Indonesian Coal Mining Association chairman Pandu Sjahrir said. However, […]

Southeast Asian coal demand to grow at fastest rate in world

TOKYO — Southeast Asian coal demand is forecast to rise 5% yearly through 2023 for the fastest growth rate worldwide, an International Energy Agency […]

Petronas LNG purchase deal with Cheniere to support sixth train at Sabine Pass

Houston — Malaysia’s Petronas will buy LNG from Cheniere Energy under a 20-year agreement that will support building a sixth liquefaction train at the exporter’s Sabine Pass terminal in Louisiana. The long-term offtake deal for approximately 1.1 million mt/year of LNG will be shipped on a free-on-board basis beginning following the date of first commercial […]

Bangchak sets $50m investment budget in bio, green-energy startups

BANGCHAK will invest US$50 million in startups within the next five years in order to expand their core business and technologies with the goal to emerge as the leading innovative group of its kind in the Asean bloc. The firm expects to generate revenue growth to more than double in the next five years. The […]

Cambodia’s biggest hydropower dam now producing electricity

A general view of the Cambodia’s 400-megawatt Lower Sesan 2 hydroelectric dam is seen during the inauguration in Stung Treng province on Monday. (AFP photo) PHNOM PENH: Cambodia’s largest hydropower project officially began producing electricity Monday as the country tries to increase its energy capacity to reduce energy imports and help jump-start industrial expansion. Prime […]