Showing 11-20 of 2329 results

‘Not sacrificing my grandchildren’s future’: Minister Luhut vows govt will protect environment

Coordinating Maritime Affairs and Investment Minister Luhut Pandjaitan has asserted the government’s commitment to not sacrifice the archipelago’s environment for economic development. Speaking during a discussion in Jakarta on Tuesday, Luhut said Indonesia was looking for its own “equilibrium; not that used by the United States and Europe.” “I will never issue any regulations that […]

‘Red tape, tight rules discourage investments in renewable energy’

Renewable energy may be one of the government’s new top sources of investment, but industry players have complained it is difficult to develop clean power projects in the Philippines largely due to bureaucratic red tape. Renewable Energy Association of the Philippines President Erel B. Narida lamented the procedure for getting a project approved is just […]

‘Solar energy will fill shortages,’ says Jona

Thai firm B Grimm Power Pcl has invested in a 30MW solar project in Cambodia, Ministry of Mines and Energy spokesman Victor Jona said on Wednesday. Jona, who is the director-general of the ministry’s General Department of Energy, told The Post that he welcomed the investment in solar energy, saying the project will not impact […]

‘Tweaking energy mix to grow RE share key to fighting climate risk ’

ONE way to address climate change and to fortify the Philippines against climate risks is to review and revise its energy mix, renewable-energy (RE) experts asserted in the 2019 State of Nature Assessment or “Green Sona.” In the Philippines, coal continues to account for bulk of the country’s energy mix—more than half—and is largely seen as the […]

‘Unbundling’ oil prices is not regulatory, DOE official says

The Department of Energy (DOE) is firm in its position requiring oil companies to “unbundle” or reveal the details of how pump prices of petroleum products are adjusted. In a chance interview on the sidelines of 7th Philippine Electric Vehicle Summit in Pasay City on Wednesday, Energy Assistant Secretary Leonido Pulido III said “asking of […]

‘World Bank indirectly funding Asian coal projects’

[JAKARTA] An international team of environmental and financial experts claim in a report that contrary to declarations it made in 2013, the World Bank (WB) has been indirectly funding coal mining projects in Asia. According to the report, published this month (11 April),  the WB’s private-sector arm – the International Financial Corporation (IFC) – has […]

$13 bn investment, 15,000 hectares of land: What will go in creating the world’s largest solar farm

Australian technology billionaire Mike Cannon-Brookes has recently announced that he would be investing in Singapore-based Sun Cable to create the world’s largest solar farm. Read more at: //economictimes.indiatimes.com/articleshow/71472108.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

$4 bln LNG plant asking price too low: trade ministry

The Ministry of Industry and Trade is concerned the investor of a $4-billion power plant won’t be able to commit to its proposed electricity price tag. The trade ministry supports inclusion of a 3,200 MW liquefied natural gas-fired power plant in the Mekong Delta province of Bac Lieu as part of the national power plan. […]

$500-M waste-to-energy plant proposed in Bataan

BALANGA CITY, Bataan — The provincial government announced Friday that a British banker has presented a proposal to build a 100-megawatt (MGW) power plant using solid wastes with funding of USD500 million. Vice Governor Crisanta Garcia said documentation was already ongoing for the proponent’s desire to set up the plant at the Freeport Area of […]

$5m tech centre to boost energy efficiency for SMEs to be launched by end-2019

SINGAPORE – A tech centre to help small and medium-sized enterprises (SMEs) to become more energy efficient will be launched here by the end of this year, said Permanent Secretary for the Ministry of Environment and Water Resources Albert Chua on Thursday (Oct 3). The Energy Efficiency Technology Centre (EETC), which will cost $5 million […]