EDC allocates $434 million for Southern Negros geothermal expansion, Philippines
Energy Development Corporation is allocating about $434 million to support capacity expansion of the Southern Negros Geothermal Field in the Philippines.
PHL-BOI, New Zealand Explore Geothermal Energy Collaboration
The Board of Investments (BOI) is strengthening its push for renewable energy investments in the Philippines, particularly in geothermal energy, through discussions with a high-level delegation from New Zealand.
Vietnam Draft Decree on Rooftop Solar Power: New Opportunities on the Horizon for Investors
The Vietnam rooftop solar sector is set for a major boost with a new draft decree published in early October 2024, introducing fresh policy guidelines to promote self-produced and self-consumed solar energy. This draft is poised to create favorable conditions and open viable commercial opportunities for foreign investors in Vietnam’s renewable sector.
Pertamina Cooperates With China To Reduce Emissions By Injecting CO2 For CCUS Technology
JAKARTA – PT Pertamina (Persero) is aggressively reducing emissions through C02 injection with CO2-EOR technology as part of Carbon Capture Utilization and Storage (CCUS).
Laos and Japan to boost cooperation on green energy and infrastructure
VIENTIANE (Laotian Times): Laos and Japan are set to deepen their economic partnership, with a focus on enhancing Laos’s connectivity and sustainability.
VPBank signs $150 million loan agreement to fund clean energy projects
The Vietnam Prosperity Joint Stock Commercial Bank (VPBank) and the Japan Bank for International Cooperation (JBIC) have recently signed a credit agreement worth up to US$150 million to finance renewable energy and power transmission projects in Việt Nam, contributing to the national goal of achieving net-zero emissions by 2050.
Vietnam sets 6.4 US cents per kWh for wind power imported from Laos
Vietnam’s Ministry of Industry and Trade has set base import prices for wind and solar power imported from Laos at 6.4 and 6.78 U.S. cents per kWh, respectively, from end-2025 to end-2030.
Indonesia Reduces Local Content Requirements to Boost Green Energy Investments
The Indonesian government has relaxed the local content requirements (LCR) for the development of electricity infrastructure under Ministry of Energy and Mineral Resources regulation 11 of 2024 (MEMR 11/2024) in a move aimed at attracting concessional funding for renewable energy projects from international development banks.
