Indonesia, Singapore discuss investment, green energy
Jakarta (ANTARA) – Indonesian Coordinating Minister for Economic Affairs, Airlangga Hartarto, on Tuesday said he met with Singapore Prime Minister Lee Hsien Loong and several ministers to discuss a number of issues, including investment and green energy.
Regulator maintains fuel tariff rate to assist with living costs
The Energy Regulatory Commission (ERC) has agreed to maintain the fuel tariff (Ft) rate at minus 0.1532 baht per kilowatt-hour (unit) despite a rise in fuel costs and lower electricity demand due to travel restrictions.
Vietnamese bank secures IFC loan for SMEs and climate projects
The International Finance Corporation (IFC) is providing a US$100 million long-term loan to Orient Commercial Joint Stock Bank (OCB) of Vietnam to help expand lending to small and medium enterprises (SMEs) and boost financing, especially for climate-friendly projects in the country. This is designed to facilitate greater private sector contribution to a green and sustainable […]
Norway to create USD-1.14bn renewables fund for developing nations
Norfund announced on Wednesday that it will administer Norway’s new Climate Investment Fund, which will spend NOK 10 billion (USD 1.14bn/EUR 963m) over five years on renewable energy in developing countries.
PEMC says systems developed in-house monitoring power spot market
THE PHILIPPINE Electricity Market Corp. (PEMC) said Thursday that two systems developed in-house are being used to monitor the wholesale electricity spot market (WESM).
Boost to clean energy investment could drive 10 million new green jobs
If funded, about 13,000 renewable energy projects proposed in nearly 50 countries could slash emissions and create work, researchers find.
15 join GMAC green project
At least 15 garment factories are now involved in the Switch Garment project, an initiative to promote sustainable energy enhancement and investment in clean energy technologies in the garment sector in Cambodia.
Positive outlook for financing floating solar projects in Southeast Asia
The proven ability to install large-scale floating PV plants on water bodies across Southeast Asia means financing should be readily available for new projects, it was suggested during a panel discussion today.
