Kingdom gets over $21M in fees, royalties from mining sector
Cambodia generated more than $21 million in non-fiscal revenue from the mining sector in 2020, up slightly from the previous year.
Thailand ‘unlikely’ to meet energy goal
Thailand is not moving away from the use of coal power fast enough, Greenpeace has claimed, insisting that the transformation towards clean energy must start now if climate change is to be averted on the road towards a target of net zero greenhouse gas emissions by 2050.
Vietnam explodes in solar energy: BNN Bloomberg
BNN Bloomberg, Canada’s business news network reporting on finance and markets, has recently published an article highlighting the extraordinary 100-fold increase in solar power that has taken place in Vietnam over the last two years.
Indonesia says no new coal plants from 2023 (after the next 100 or so)
JAKARTA — Indonesia says it will stop building new coal-fired power plants after 2023 to meet its carbon-neutral goals — but the more than 100 plants to be built by then will still be churning out CO2 decades after that.
Indonesian utility pledges to stop building coal plants beyond existing pipeline
Indonesia’s biggest utility has pledged to stop building new coal power plants beyond its current pipeline of projects. In a briefing to Indonesian media, Zulkifi Zaini, president of the state-owned electricity company Perusahaan Listrik Negara (PLN), said the company would invest in renewables and aim to become carbon neutral by 2050.
Indonesia’s coal industry is on its last legs
Indonesia’s coal industry is running out of options. The pot of money for coal power is drying up. On Apr 22, South Korea announced it will no longer provide financial support for overseas coal projects. China seems to be the only country willing to provide the immense financial aid that Indonesia’s bloated coal industry needs […]
Oddar Meanchey coal power plant set for next year
A 265MW coal-fired power plant in Oddar Meanchey province is scheduled to begin operations early next year as construction of the plant’s infrastructure and transmission line connecting to East Siem Reap Substation nears completion, according to deputy provincial governor Di Rado.
Asian Development Bank to stop financing coal plants
The Asian Development Bank (ADB) will stop financing new coal power plants under a draft energy policy released Friday, a move that was cautiously welcomed by environmental groups.
