Amata gets IFC backing in sustainability push
The industrial sector in Thailand, Cambodia, Laos, Myanmar and Vietnam contributed 32.3 per cent of the region’s GDP in 2017 and provided an estimated 20 per cent of the employment, said the IFC, the private-sector arm of the World Bank. It said that industrial zones provide a good platform for supporting interventions for green buildings, […]
Signing of Energy Efficiency Act ‘a win for ordinary consumers’ – Gatchalian
Senator Sherwin T. Gatchalian, chairman of the Senate energy committee, issued this statement as he expressed his gratitude to President Duterte for signing Republic Act 11285 or the Energy Efficiency Act which he authored in the Senate. ‘’The signing of this landmark law is very timely, especially now that our growing economy needs more power […]
Buses with rooftop gardens hit Singapore streets
The initiative aims to study if such effort could reduce fuel consumption for air conditioning. Ten SBS Transit buses with ‘green roof’ have been launched to study possible energy and cost savings for bus operators. The rooftop gardens on buses aims to help reduce vehicles’ carbon emissions by lowering fuel consumption needed for air conditioning. […]
Chinese company unveils plans for solar investment in Cambodia
China Huaneng Group has unveiled plans to invest in a 200-megawatt solar project in Cambodia to help develop the Kingdom’s renewable energy industry. In a meeting on Sunday with Cambodian Prime Minister Hun Sen, held on the sidelines of the Belt and Road Initiative (BRI) Forum in Beijing, a representative of China Huaneng said the […]
Sema 2019 roars to life at SIC in race to energy-efficient future
SEPANG: Make the Future Live Malaysia is here – and Ministry of Energy, Science, Technology, Environment and Climate Change deputy secretary general (Environment and Climate Change) Dr Nagulendran Kangayatkarasu, together with chairman of Shell Malaysia Datuk Iain Lo flagged off cars to officially open the track for the Shell Eco-marathon Asia 2019 (Sema) at the […]
Power utilities in Pacific to get $100 million funding boost
MANILA, Philippines – The Asian Development Bank (ADB) has approved an umbrella facility of up to $100 million which will provide financing support including loans, guarantees, and letters of credit to help fund renewable power projects in Pacific island countries. The Pacific Renewable Energy Program will support an estimated 5 separate renewable energy projects in […]
EDC allots P7 B capex for 2019
MANILA, Philippines — Lopez-led Energy Development Corp. (EDC) has allocated over P7 billion in capital expenditures (capex) this year to improve the reliability of its geothermal facilities. The company’s 2019 capex amounts to approximately P7.45 billion, based on a regulatory filing. About 88.11 percent or P6.56 billion, will finance acquisitions to support the operations and […]
Local fuel prices increase by K140-K200 per liter in over four months
Local fuel prices have continued to increase by K140 to K200 per liter over the past four months as global oil prices reach about US$64 per barrel although Myanmar Kyat against dollar sees little fluctuation with the current value of just over K1,500, according to local filling stations. On April 18 in local market, maximum […]
