Asean energy ministers renew push to go green
SINGAPORE – Asean has exceeded its energy efficiency goals, reducing its energy intensity by more than 20 per cent in 2016 compared to 2005 levels, well ahead of its 2020 target. The grouping, which Singapore chairs this year, also said that it would set up green building codes for the entire region, and that it […]
Wind, sun to strand US$60 bil of coal assets in Southeast Asia
(Oct 29): Keep pouring money into coal-fired plants and it won’t be just the fuel that’s getting burned. As much as US$60 billion of coal power assets may be stranded in the next decade across Vietnam, Indonesia and the Philippines, according to a new study by Carbon Tracker, which cited tighter environmental policies and competition […]
Banks race to fund green energy projects
HÀ NỘI — Commercial banks are rushing to provide loans for green energy projects amid a wave of investment in the growing industry, dubbed a landmark for the country’s renewable energy outlook. Vietcombank has recently approved a VNĐ785 billion (US$33.55 million) loan for the BP Solar 1 project, which has total investment capital of VNĐ1.2 […]
The business case for net zero in Malaysia — Malaysia Green Building Confederation
OCTOBER 29 — This letter is in response to Malay Mail’s article, dated 18 September 2018, titled “Putrajaya says no to nuclear energy, but keen on coal from East Malaysia“. While it is most admirable that nuclear energy is not being considered anymore in Malaysia, going for conventional energy sources, such as coal, is not […]
PH Rise seen as country’s hope for energy security
The Senate Energy Committee sees the resource-rich Philippine Rise (Benham Rise) east of Aurora province as the country’s hope for energy security in the next decade. Senator Sherwin T. Gatchalian, committee chairman, said the area is rich with methane hydrates, viewed as the new fuel source, and has no claimant unlike the West Philippine Sea […]
China can help Philippines solve energy issues: Wang
MANILA — Chinese companies are willing to help their Filipino counterparts solve energy issues, Beijing’s top envoy said Monday after meeting his Philippine counterpart. China has “mature” equipment, technologies, personnel, training and the financial capability to help the Philippines develop solar, hydro, wind and nuclear power, State Councilor and Foreign Minister Wang Yi said. Wang […]
Socio-Economic Benefits of a Sustainable Energy Future in Southeast Asia
IRENA’s commitment to supporting a sustainable energy transition in Southeast Asia will be showcased during the Singapore International Energy Week (SIEW) starting next week. Various, high-level events throughout the week will offer insight and knowledge across a broad range of topics related to renewables in the region, including policy-making, finance and investments, off-grid solutions and […]
Power Trip: Southeast Asia’s bumpy journey to a low carbon economy
A new report on Asean’s energy landscape launched at the Asia Clean Energy Summit in Singapore takes a critical look at the barriers and drivers at the heart of the region’s transition to a low carbon economy. Singapore, 31 October, 2018—A new ground-breaking study launched today by Eco-Business puts a spotlight on Southeast Asia’s transition […]
Energy Ministry still pushing palm oil increase for retail biodiesel
The Energy Ministry is pressing for an increase in the content of crude palm oil in biodiesel to curb slumping palm oil prices after several rounds of discussions failed to deliver a compromise. The urgent action is meant to absorb a surplus of palm oil in the country. Thailand has produced 2.5 million tonnes of […]
Vietnamese Deputy PM Trinh Dinh Dung visits France
NDO/VNA – Deputy Prime Minister Trinh Dinh Dung is paying a working visit to France from October 26 to 28 to seek measures to continue cementing ties between Vietnam and France. During his trip, Dung had working sessions with Minister of Environment François de Rugy, and CEO of the French Development Agency (AFD) Rémy Rioux, […]