NAY PYI TAW, MYANMAR (27 November 2019) — The Asian Development Bank (ADB) has approved a $195 million financing package for a project that will develop climate-resilient and market-oriented infrastructure and livelihoods in 2,942 villages in Myanmar’s Ayeyarwady, Chin, Sagaing, and Tanintharyi regions. This will help reduce rural poverty and strengthen the villages’ climate and […]

ADB will in green bonds of Energy Absolute to help support long-term financing for the 260MW wind farm Image: ADB to support Thai renewable energy company with $98m loan. Photo: Courtesy of Energy Absolute. The Asian Development Bank (ADB) has announced that it will invest THB3bn ($98.7m) in green bonds of Energy Absolute to help […]

AC Energy, Inc. has attracted two of the world’s biggest development lenders International Finance Corp. (IFC) and the Asian Development Bank (ADB) to the Ayala-led company’s multi-million dollar green bond offering that will fund regional renewable energy projects, company officials said. “In total now, we have $410 million from the green bond offer,” Eric T. […]

The agreement will allow ADB and Infrastructure Asia to help state-owned enterprises, regional and municipal governments, in Southeast Asia in improving their institutional, financial, and governance capacities for developing innovative and green infrastructure programs and projects The Asian Development Bank (ADB) and Singapore’s Infrastructure Asia today signed a cooperation agreement to help governments in Southeast […]

Ministry of Electricity and Energy (MOEE) estimates that another 1000 MW of power for the country will be generated by the middle of next year. This was announced during a ceremony attended by President U Win Myint to mark the achievement of 50 percent nationwide electrification on December 13.

Abu Dhabi National Oil Company (Adnoc) completed its $600 million (Dh2.2 billion) pipeline infrastructure investment agreement with GIC, Singapore’s sovereign wealth fund, alongside BlackRock, KKR and Abu Dhabi, Retirement Pensions and Benefits Fund (ADRPBF) as co-investors, boosting the total deal value to about Dh18bn. “The successful final closing of this landmark transaction is a clear […]

TAIPEI, Taiwan — Renewable energy’s (RE) contribution on Philippines’ total energy mix remains small, thus, it is working to increase such share to the overall supply, but the country is not alone on this effort, an official of a power station here said. In a briefing here Tuesday, officials of Linkou Thermal Power Plant, which […]

TAIPEI, Taiwan — Renewable energy’s (RE) contribution on Philippines’ total energy mix remains small, thus, it is working to increase such share to the overall supply, but the country is not alone on this effort, an official of a power station here said. In a briefing here Tuesday, officials of Linkou Thermal Power Plant, which is […]

SINGAPORE: Three new initiatives were announced on Tuesday (Nov 5) as part of efforts to help households use electricity more efficiently. Details of the measures were provided in a joint news release by the Energy Market Authority (EMA), the Ministry of the Environment and Water resources (MEWR) and SP Group. ADVANCED METERS The measures include advanced electricity meters which […]

ALUMINIUM producer AEI Corporation on Monday said it has entered into a “framework agreement” with Zhongneng International Gas Co (ZNI) to potentially collaborate on business activities involving liquefied natural gas (LNG). This comes after the company last month flagged that it could be placed on the Singapore Exchange’s (SGX) watch list. In a bourse filing on May 24, […]