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‘Donald Trump of Indonesia’ digs deeper into coal

Indonesian media conglomerate MNC Group on Thursday announced moves to significantly expand its coal business amid expectations of continued high prices for the commodity this year.

‘There goes all my profit’: Soaring electricity bills a rude shock for businesses in Singapore

Mr Bernard Tay recalled being gobsmacked when he received the electricity bill for one of the outlets of Jinjja Chicken, his Korean fast-food chain. His Bugis Village outlet’s power bill for December came up to a staggering S$10,654 – more than double what he paid in November and almost five times of October’s.

12 suburban malls, including Waterway Point and Northpoint City, to have electric vehicle charging points from Sept

A total of 36 new electric vehicle (EV) charging points will be deployed at 12 suburban malls under Frasers Property Retail located across the island, such as Waterway Point and Northpoint City, from September this year.

40m to benefit from fuel price plan: govt

At least 40 million people are expected to benefit from the government’s 10-point plan to ease the impact of fuel price increases arising from the Ukraine-Russia crisis, said government spokesman Thanakorn Wangboonkongchana.

A $5bn plan may bring Indonesia’s solar to Singapore

Renewable energy developer Quantum Power Asia agreed to advance a potential $5 billion plan to export electricity generated from solar in Indonesia to Singapore as the city-state attempts to accelerate its use of renewables and cut its reliance on imported liquefied natural gas (LNG).

A credit to the community

With carbon credit trading getting off the ground in Thailand, the community responsible for Ban Ton Phueng community forest in Tambon Mae Pong, Chiang Mai province, is hoping its efforts to manage carbon emissions will help generate income.

Accelerating progress on SDGs in Malaysia

Six big transformations are needed to accelerate the progress of Sustainable Development Goals (SDGs) in Malaysia. Professor Jeffrey Sachs, who is an SDG advocate for the United Nations (UN), suggested governments have 25 to 30-year plans as a pathway to get an idea of where society should be and how to get there in that […]

Accounting considerations for the oil and gas sector as renewable energy adoption drives ESG reporting

Globally, more and more countries continue to increase their focus on developing renewable energy sources, both due to the increasing pressure from various stakeholders, as well as the acknowledgement of the clear and present danger posed by climate change. Because of this, environmental, social, and governance (ESG) reporting has become a top priority for most […]

ACEN secures P13.7 billion funding for Batangas power plant

ACEN Corp. has secured up to P13.7-billion in energy transition financing with the Bank of Philippine Islands (BPI) and Rizal Commercial Banking Corp. (RCBC) for its 2×135-megawatt (MW) coal-fired power plant in Calaca, Batangas.

ACEN’s Batangas coal plant to shift to clean technology

ACEN Corp., the energy platform of the Ayala Group, is set to pursue the Energy Transition Mechanism (ETM) to convert its 2×135-megawatt (MW) coal-fired power plant in Calaca, Batangas to cleaner technology.