900,000 S’porean HDB households to receive U-Save rebate in January
SINGAPORE — Some 900,000 Singaporean households will receive the next instalment of the GST Voucher – Utilities-Save (U-Save) rebate this month, the Ministry of Finance (MOF) announced on Wednesday (Jan 2). Eligible Singaporean households will each receive a GST Voucher – U-Save rebate of up to S$100, depending on their Housing and Development Board (HDB) […]
91% of banks in Southeast Asia still fund fossil fuel – WWF study
MANILA, Philippines — In the face of existential threats from climate change and environmental degradation, the majority of banks in Southeast Asia continue to finance new coal-fired power plants. This was the finding of the World Wide Fund for Nature (WWF), which 2019 Sustainable Banking Assessment (SUSBA) showed 91 percent of the banks in the […]
A fusion startup backed by Jeff Bezos just raised another $65 million, signaling that investors are still betting on this ‘Holy Grail’ technology.
Fusion energy startup General Fusion just raised another $65 million. The money will go towards constructing a demonstration power plant to test out its technology. Here, an early-stage prototype of the company’s unique piston technology, which is designed to compress hydrogen plasma and spur fusion.General Fusion
A global first: AC Energy launches $400-million green bonds for RE projects
AC Energy Inc. has successfully launched $400-million, fixed-for-life green bonds to finance the expansion of planned renewable-energy (RE) projects. The power arm of conglomerate Ayala Corp. said Wednesday that it has successfully set the terms of its inaugural US dollar-denominated, senior perpetual fixed-for-life green bond issuance at an aggregate principal amount of $400 million, with a […]
A Look at the World’s First Smart Grid Index
Modernizing the power grid through smart grid enhancements is essential for the development of a smart city. A smart grid enables the city to be more sustainable by integrating distributed energy resources (DER), such as solar photovoltaics, wind turbines and energy storage systems, enabling the production of clean, sustainable and renewable energy close to where […]
A Minister On A Mission
As the world awakens to the enormity of the plastic waste crisis, Malaysia’s Yeo Bee Yin has emerged as one of Southeast Asia’s most vocal champions for biodegradable plastics and a new circular economy. SHARE SHARE TWEET SHARE AsianScientist (Jul. 19, 2018) – Earlier this year, Malaysia’s Minister of Energy, Science, Technology, Environment and Climate […]
A roadmap to low carbon economy
LETTERS: As the United Nations Framework Convention on Climate Change (UNFCCC) kicked off in Madrid, it is time to revisit the Malaysian milestone on the Paris Climate Agreement effective 2016. Malaysia has achieved a 33 per cent carbon emission intensity of GDP reduction this year relative to 2005 levels towards targeted 45 per cent emission […]
Abang Johari defends state’s hydrogen economy initiatives
KUCHING: Chief Minister Datuk Patinggi Abang Johari Tun Openg has defended the state’s hydrogen economy initiatives during the State Legislative Assembly (DUN) sitting today. Speaking during his ministerial winding up speech, Abang Johari said the Gabungan Parti Sarawak (GPS) government has taken bold steps to promote clean energy industry by exploring the hydrogen economy, diversifying […]
ABB will supply a prefabricated substation to harness geothermal power on Sumatra island
Working closely with PT Rekayasa Industri, an Indonesia Engineering, Procurement and Construction (EPC) company and their customer, PT Supreme Energy, ABB is engineering, manufacturing, supplying, installing and commissioning a prefabricated gas-insulated substation (GIS), which will be delivered on-site fully assembled and factory-tested. “ABB Power Grids delivers fully integrated modular, preassembled solutions that support customer needs,” […]
ABB’s Substation Helps Indonesia Leverage Its Geothermal Potential, Bringing Clean Power To Half A Million Homes
ABB’s grid solution connects the new geothermal power plant near Rantau Dedap, located in a volcanic complex in a remote highland part of South Sumatra, far from the island’s main transmission system. The plant provides 220 megawatts of carbon-free electricity – enough to power almost 500,000 local homes. Working closely with PT Rekayasa Industri, an […]