Keppel saved $68m from energy-efficient initiatives
Green initiatives might seem like a burden for companies already grappling with a challenging operating environment, but they have paid off in spades for Keppel Group.
AFD provides US$100 million green credit to Vietnam
The Bank for Investment and Development of Vietnam (BIDV) has signed an agreement to receive a long-term US$100 million credit line for environmental protection, climate change response and green growth as part of French development agency AFD’s Sustainable Use of Natural Resources and Energy Finance (SUNREF) initiative.
Sembcorp targets 10GW of installed renewables capacity by 2025
A new strategic plan from Sembcorp Industries will see the Singapore-based energy company aim to increase its renewables capacity almost fourfold to 10GW by 2025.
Is there such a thing as a ‘green’ SEZ in Cambodia?
Svay Rieng, a town in south-eastern Cambodia, is both a gateway to Vietnam and for more than a decade now a hotbed of Cambodian industrial development. But a lack of compliance with environmental and labour regulations has raised tensions with local communities.
IFC financing two wind power projects in Vietnam
The International Finance Corporation (IFC), a member of the World Bank Group, is funding the development and construction of two wind power projects in central Vietnam as the country transitions to cleaner low-carbon power generation to help meet the growing demand for electricity.
Vietnam wind power sector attractive to investors
With an increasing demand for electricity in Vietnam, the wind power construction sector has flourished, with local and foreign firms getting in on the action.
Interest increases in Kingdom’s liquefied natural gas sector
Cambodia’s energy sector may soon swing towards liquefied natural gas (LNG) as the country attempts to increase its domestic energy capacity amid rising demand and to shift away from coal-powered electricity, but energy experts have doubts about the product’s sustainability.
SP Group signs MOU with BCG Energy to invest in renewables in Vietnam
NATIONAL grid operator SP Group (SP) and BCG Energy announced on Monday that they have signed a memorandum of understanding (MOU) to invest in renewable energy projects in Vietnam.
