AC Energy to leave coal projects

Ayala-owned AC Energy Philippines is breaking free from coal-fired generating facilities, hence, it is casting the divestment of its shareholdings in the 1,336-megawatt Dinginin power project and the 360MW Mariveles coal plant, its joint venture with the Aboitiz group.

Vietnam’s coal imports ease in October

Vietnamese coal imports in October fell from a year earlier for the first time since March 2018, snapping a run of growth that has absorbed some of the Covid-19 pandemic-driven oversupply in Asia this year.

ADB to help members cut reliance on coal

The Asian Development Bank (ADB) is expected to draw up a revised energy policy over the next 12 months toward helping member developing countries to “reduce dependence on coal fuel and eventually phase out coal,” just falling short of an outright ban on financing coal-fired power projects.  

Coal squeeze intensifies

The message from the top is clear: cut out coal. While the regulatory pressure has been evident for some time, the race to banish the black stuff stepped up a notch last week when a $5 trillion valued institutional investor group made up of many of the world’s largest insurers and pension schemes warned the […]