Indonesia still destination for electricity infrastructure investment
Jakarta (ANTARA) – Indonesia is still considered to be an infrastructure investment destination that is targeted by many global investors, including in the electricity sector, an official has said.
DOF: ADB-backed energy transition mechanism to hasten PHL’s coal exit by 10-15 years
The Asian Development Bank (ADB)-supported initiative to speed up the Philippines’ transition from coal to clean energy sources is seen to generate investments, create jobs, and accelerate the retirement of coal-fired power plants in the country
EU grants ASEAN $900mn for sustainable economic recovery
The European Union has committed to mobilising more than $900 million to promote sustainable economic recovery, the body announced at the 26th Conference of the Parties yesterday at Glasgow, Scotland.
Indonesia could phase out coal by 2040 with financial help, finmin says
LONDON, Nov 2 (Reuters) – Indonesia could phase out coal-fired power plants by 2040 if it gets sufficient financial help from the international community, the finance minister told Reuters.
AC Energy, CleanTech Global to form 200-MW solar JV in the Philippines
November 2 (Renewables Now) – Philippines-based AC Energy Corp (PSE:ACEN) said today it has secured board approval to set up a joint venture (JV) with compatriot CleanTech Global Renewables Inc to work on a 200-MW SC solar project in the Philippines’ Cagayan province.
IPO to finance first slice of planned 500 MW-plus solar field in the Philippines
Filipino renewables developer Solar Philippines this morning announced it will finance the first 225 MW of generation capacity at a planned more-than-500 MW project on the island of Luzon by floating the project company which is preparing the plant.
PH showcasing Sustainable Finance Roadmap in COP26
GLASGOW – The Philippines will present its newly launched Sustainable Finance Roadmap before policymakers at the 26th United Nations Climate Change Conference of the Parties (COP26) being held here as a model for other emerging economies to incorporate climate and environmental factors in mobilizing funds to build a sustainable and resilient economy.
Vietnam building mechanisms to attract private power investors
HANOI: The government of Vietnam is building open mechanisms to mobilise private investment in power projects, especially in renewable energy (RE).
