Australia invests in Southeast Asia’s clean energy transition
Australia has made the initial investment under its Government’s 2 billion AUD (1.3 billion USD) Investment Financing Facility, which Prime Minister Anthony Albanese unveiled at the ASEAN-Australia Special Summit earlier this year.
Keppel eyes to expand investment in Vietnam’s renewable energy, database sectors
Keppel, one of the largest real estate developers in Vietnam, wants to enlarge its investment in sustainable development areas like renewable energy and databases.
ADB approves $2.85-M package to support PHL energy transition
THE Asian Development Bank (ADB) has approved a combined $2.85-million package for the Philippines to address climate change and expand access to renewable energy.
Chinese investors eye Cambodia’s energy sector for expansion
A company based in China’s Zhejiang province has expressed interest in investing in Cambodia’s energy supply sector, highlighting power as a crucial factor in attracting investors across industries and driving national economic growth.
ADB inks $820m loan for 12 renewable energy projects in Thailand
The Asian Development Bank (ADB) and Gulf Renewable Energy Company Limited, a subsidiary of Gulf Energy Development Public Company Limited, have signed an $820m loan that will fund the construction of 12 renewable energy projects across Thailand.
Indonesia Sees Global Clean Power Alliance As New Source of Funding
Jakarta. Indonesia welcomes the recently launched Global Clean Power Alliance which is expected to be a new source of funding for the archipelagic country’s energy transition.
Indonesia, Germany Invest €1.2 Billion Green Funding for Clean Energy Development
€1.2 Billion Agreement Signed: Indonesia’s PT PLN (Persero) and Germany’s KfW signed an MoU to fund the development of a Pumped Storage Hydropower Plant (PLTA) and related transmission projects, marking a major step toward Indonesia’s renewable energy goals.
Singapore commits $500M in matching concessional funding to support decarbonization in Asia
The Singapore Government has committed up to $500 million in concessional funding to support the Financing Asia’s Transition Partnership (FAST-P) launched by the Monetary Authority of Singapore (MAS) last year.
