Lao govt, investor ink concession deal to develop 124 MW hydropower project
The Lao government on Wednesday (June 19) signed a concession agreement with an investor to develop a 124 MW hydropower project, boosting the country’s efforts to promote clean energy consumption and export to countries in the region.
Philippines Streamlines Renewable Energy Development Processes To Boost Investment
In a move aimed at bolstering renewable energy (RE) development and attracting investments, the Department of Energy (DOE) of the Philippines has introduced streamlined guidelines for RE projects.
CIF to lend USD500 million to the Philippines for renewable energy transition
The Government of the Philippines has secured USD500 million in investments from the Climate Investment Funds (CIF) to transition from coal to renewable energy.
Cambodia’s Investment Push in Europe Gets Positive Nod from Spain
Cambodia’s efforts to attract European investment received a boost after a successful visit by Deputy Prime Minister Sun Chanthol. During a “door-knocking mission” to Europe, DPM secured a positive response from Spain regarding potential investments in the Southeast Asian nation.
Delayed coal-fired power plant in southern Vietnam secures $980 mln loan from Eximbank Malaysia
Malaysia-based Toyo Ink Berhad and its wholly-owned Vietnam subsidiary, Song Hau 2 Power Company Ltd., have secured a $980 million loan from Eximbank Malaysia to develop a $3 billion coal-fired power plant in southern Vietnam.
Philippines’ PetroGreen Energy Secures Financing For Bohol Solar Project
In a significant development for renewable energy in the Philippines, PetroGreen Energy Corporation (PGEC), led by the Yuchengco group, has finalized a loan agreement with Rizal Commercial Banking Corporation (RCBC) to fund its ambitious Dagohoy Solar Power Project (DSPP) in Dagohoy, Bohol.
Iloilo Province, Philippines, Attracts Significant Renewable Energy Investments
In a strategic move to boost renewable energy initiatives, the Province of Iloilo is set to become the focal point for major investments in the sector.
Solon vows support to foreign investors in energy
Senator Raffy Tulfo has promised to support foreign investors who want to invest in the field of energy in the Philippines. Tulfo, who chairs the Senate Committee on Energy, made this promise in a dinner meeting with Singaporean business executives on Sunday.
