Wind power fuels green growth in Vietnam: IFC
Despite Vietnam’s huge potential, by the end of 2020, wind power accounted for less than 1 per cent (or 670MW) of the nation’s total installed capacity.
Shell signs solar farm exploratory pact with Singapore’s JTC
SINGAPORE, June 17 (Reuters) – Royal Dutch Shell (RDSa.L) has signed a non-binding memorandum of understanding (MoU) with Singapore state firm JTC Corp (JTC.UL) to explore developing a solar farm on part of a landfill in southern Singapore, the companies said on Thursday.
Myanmar military’s solar push unlikely to attract foreign investments: Fitch
DESPITE attempts from Myanmar’s military to rejuvenate foreign direct investments (FDI), a report from Fitch Solutions said these will likely hit roadblocks due to sanctions on military-linked businesses and political instability.
Mitsubishi to invest in 600-MW Laos wind project
June 16 (Renewables Now) – Japan’s Mitsubishi Corp (TYO:8058) will invest in a 600-MW onshore wind farm project in Laos that will supply electricity to Vietnam.
Singapore finance minister says city-state could become a regional hub for green finance
SINGAPORE — Singapore plans to invest more in building a new green economy, according to the city-state’s Finance Minister Lawrence Wong. The climate emergency poses an existential threat but also provides new opportunities around sustainability, Wong told Martin Soong as part of the virtual CNBC Evolve Global Summit.
Record’ 97GW of wind energy added in 2020
The wind sector added 97GW of capacity in a record-setting 2020, according the BloombergNEF’s 1H 2021 Global Wind Market Outlook. BloombergNEF expects strong, albeit lower, build of 88GW in 2021. However, from 2022, onshore additions will plateau and most growth will come from offshore, the report forecasts.
Vietnam Boosts Wind Power in Soc Trang Province
This information was released during a working meeting between the secretary of the Communist Party Committee in Soc Trang, Lam Van Man, and the managers and workers who work on these projects.
Singapore places $1.8 billion for green investments
Singapore’s central bank has allocated $1.8 billion with five asset managers as part of moves to protect its portfolio from climate change risks and aid the city-state’s efforts to promote environmentally sustainable projects.
