Brunei, Bangladesh companies to explore green energy opportunities
| Achong Tanjong | A MEMORANDUM of Understanding (MoU) between Brunei Darussalam’s Dimension Strata Sdn Bhd and Bangladesh’s Green Power Ltd was held at the Bangladeshi High Commission in Brunei Darussalam in Jalan Sungai Akar, for joint collaboration in exploring investment and business opportunities yesterday. The ceremony was witnessed by the Bangladesh High Commissioner to…
Budget 2019: Household electricity bill subsidy increased
KUALA LUMPUR, Nov 2 ― The government will increase household electricity bill subsidy from RM20 and below to RM40 and below, said Finance Minister Lim Guan Eng. However, he said in line with the government’s intention to implement targeted subsidies, the channeling of the subsidy would be dedicated to the poor and hardcore poor registered with […]
Bumi Armada falls to record low as oil outlook stays bearish
KUALA LUMPUR (Nov 30): Bumi Armada Bhd’s share price fell as much as three sen or 16% to 16 sen so far today amid broader market losses and after analysts said crude oil markets remained bearish. At 12:30pm, oil and gas (O&G) support services provider Bumi Armada shares settled at 16.5 sen with some 154 […]
Calls for removal of energy obstructions
As Vietnam strives to ensure sufficient energy sources, it has been urged by the international community to enable private investors to engage more in the country’s energy industry. Last Wednesday, Hanoi hosted an event of high significance: the launch of the “Special Report on Global Warming of 1.5 degrees Celsius” by the Intergovernmental Panel on […]
Calls to cool down on coal
While delegates from 200 countries come together to ramp up climate action and investors worldwide call for an end to banking on coal as part of the energy mix, the Trump administration followed through with its threat to host a fossil-fuel promotional side event at the United Nations Climate Summit (COP24), currently held in the […]
Cambodia needs solar to drive down electricity prices
According to the UNDP, a full economic evaluation of the costs and advantages of solar energy in the country is necessary, as Cambodia’s government is planning to expand its power system through coal and hydro. The United Nations Development Program (UNDP) has issued a request for proposal to select consultancy companies for the development of […]
Cambodia reaffirms commitment to United Nations Framework Convention on Climate Change
Cambodia has reaffirmed its commitment to the United Nations Framework Convention on Climate Change and express serious concern over the multi-faceted impacts of climate change. Eang Sophalleth, secretary of state with the Ministry of Environment and head of the Cambodian delegation to the UNFCCC, said this week in Poland that after the historic agreement in […]
Cambodia to boost clean energy use – but coal plants planned too
PHNOM PENH (Thomson Reuters Foundation) – Cambodia will push ahead with plans to use hydropower and coal to electrify the entire country by 2020, but solar energy will play some role, especially in remote areas, an energy ministry official said on Wednesday. The Southeast Asian nation has electrified rapidly since 2000, when only 16 percent […]
Cambodia to boost clean energy use, including hydropower
Cambodia will push ahead with plans to use hydropower and coal to electrify the entire country by 2020, but solar energy will play some role, especially in remote areas, an energy ministry official said on Wednesday. The Southeast Asian nation has electrified rapidly since 2000, when only 16% of the population had access to power, […]
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 […]