MANILA, Philippines — The Philippines saved $78 million in fossil fuel spending through solar generation in the first half of 2022 even though the country has yet to maximize its solar potential, according to a report released Thursday.

Jakarta (ANTARA) – State-owned energy company PT Pertamina is seeking to become a world-class player in green electricity generation based on geothermal energy by pursuing a number of technological innovations to increase geothermal utilization.

SINGAPORE – Safeguards introduced from 2023 to help Singapore withstand significant volatilities in the global energy market will incur “higher costs”, said Second Minister for Trade and Industry Tan See Leng in Parliament on Tuesday.

The government of Indonesia on Tuesday launched its Energy Transition Mechanism (ETM) Country Platform which will lead the country’s “just and affordable transition in the energy sector”, say its leaders.

The government of Indonesia and a group of international partners that includes the European Union (EU) are uniting to help the archipelagic state raise at least USD 20 billion (EUR 19.38bn) under a newly-announced Just Energy Transition Partnership (JETP).

Jakarta (ANTARA) –  Managing Director of Operations at World Bank  Axel van Trotsenburg  expressed his support for Indonesia’s energy transition during a meeting with Coordinating Minister for Economic Affairs Airlangga Hartarto on Tuesday, held on the sidelines of the Business 20 (B20) Summit in Bali.

DENPASAR: When world leaders arrive for the G20 summit in Bali, they will be picked up by electric vehicles in a symbolic move showcasing Indonesia’s commitment to energy transition.

Jakarta (ANTARA) – The Indonesia Investment Authority (INA) has signed three memorandums of understanding (MoUs) on cooperation with several domestic and international stakeholders, including the Asian Development Bank (ADB), for supporting the energy transition mechanism (ETM).

CAIRO, Nov 11 (Bernama): Vietnam wants World Bank to play an important role in energy transformation and continue with its initiatives using financial resources related to climate change effectively.

Danish developer Copenhagen Energy has secured sites for three offshore wind farms in the Philippines that could have a combined capacity of more than 4GW. It has formed three separate special purpose vehicles – with PetroGreen Energy Corporation, the renewable energy unit of private Filipino energy firm PetroEnergy Resources Corporation as an equal partner – […]