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.
Philippine banks move at slow pace in defunding coal
At least 10 Philippine banks give $841 million in loans and participated in $1.3 billion worth of underwriting activities involving at least five coal companies since the 2015 Paris climate agreement
China overtakes US in ASEAN investments
Large Chinese investments are overtaking US financing in ASEAN, according to Nikkei Asia. The mainland has already invested more than $5.3 billion under its Belt and Road Initiative (BRI), according to the University of Southern California’s US-China Institute in Los Angeles. On June 22, the mainland agreed with Cambodia to intensify cooperation in transportation networks. […]
CNOOC Gas & Power sizing up entry into new Cambodia LNG import terminal
CNOOC Gas & Power, China’s largest liquefied natural gas project developer, is considering farming in to an LNG import terminal to be built in Cambodia’s capital Phnom Penh.
Senate approves four draft proposals on energy investment projects
The Senate today endorsed and approved four draft government proposals to guarantee the payment of nearly $1 billion in energy investment projects.
