BSP invests $200 M more in ‘green’ bonds
The Bangko Sentral ng Pilipinas (BSP) invested an additional $200 million in green bonds, bringing to $350 million the total so far, and this is now part of the country’s $98 billion gross international reserves (GIR). BSP Governor Benjamin E. Diokno said the investment in the Bank for International Settlements (BIS) open-ended fund will enhance the […]
A green recovery of the global economy — Kim Jensen
AUGUST 28 — Over the last few years, the climate crisis has risen to the top of the government and corporate agenda, with the call for urgent climate action heard loud and clear around the world. However, the Covid-19 pandemic has shifted the focus globally to the pressing issue at hand.
Banteay Meanchey solar-energy project awarded
The Council for the Development of Cambodia (CDC) on Tuesday approved Thai-owned Ray Power Supply Co Ltd’s $39.8 million 30MW solar-energy project in the Kingdom’s far northwestern province of Banteay Meanchey. Located in Chhnuor Meanchey commune in the province’s southeastern Preah Net Preah district, the site is around 55km east of downtown Poipet and a […]
Vietnam Renewable Energy Week 2020 launched in Hanoi
NDO – Vietnam Renewable Energy Week 2020 was jointly launched by the Vietnam Sustainable Energy Alliance (VSEA), the Vietnam Coalition for Climate Action (VCCA), the Vietnam Union of Science and Technology Associations (VUSTA) and partners in Hanoi on August 25. The four-day event, the fifth of its kind held in the country, carries the message of […]
B.Grimm looks to renewables, LNG
B.Grimm Power Plc, Thailand’s top private power generation firm by capacity, continues to expand its domain in renewable energy and liquefied natural gas (LNG) businesses as cleaner energy is becoming a new global trend. Its president Preeyanart Soontornwata said her company will not stop looking for business opportunities in energy sector despite economic slowdown caused by […]
Investors losing appetite for capital-hungry Thai energy producers
Investors are uncertain over the price of shares in energy producers after some launched moves to raise their capital, experts said. The price of the six big power producers with market capitalisation over Bt50 billion – Gulf Energy Development (GULF), Global Power Synergy (GPSC), Energy Absolute (EA) Electricity Generating (EGCO), B Grimm Power (BGRIM) and Ratch […]
Power companies face hardship in pandemic
Hanoi (VNS/VNA) – A number of hydropower and thermal power companies are facing hardships due to the severe impacts of the COVID-19 pandemic. In the second quarter of this year, among the 20 listed hydropower companies, 12 saw profits decline, six reported losses and only two witnessed profit rising over the same period last year. The declines […]
ADB pledges to double funds for Indonesia, pushes for green recovery This article was published in thejakartapost.com with the title “ADB pledges to double funds for Indonesia, pushes for green recovery”. Click to read: https://www.thejakartapost.com/news/2020/08/21/adb-pledges-to-double-funds-for-indonesia-pushes-for-green-recovery.html. Download The Jakarta Post app for easier and faster news access: Android: http://bit.ly/tjp-android iOS: http://bit.ly/tjp-ios
The Asian Development Bank (ADB) has pledged to double loan commitments to one of its biggest client countries this year to facilitate Indonesia’s economic recovery. The Manila-based lender usually committed US$1 billion to $2 billion each year for Indonesia, mostly in infrastructure projects, particularly those related to energy, said ADB country director Winfried F. Wicklein […]
