Total, Chevron Suspend Some Payments to Myanmar Junta-Linked Energy Firm
In response to repeated calls for them to cut ties with the military regime in Myanmar, energy giants Total of France and Chevron of the US on Wednesday announced they have suspended some payments to their joint venture with a state-owned company controlled by the coup leaders.
Hanoi firm urges stronger push towards clean energy buses
The Hanoi Transportation Corporation (Transerco) has proposed that 15-20 percent of buses operating in the city run on clean energy by 2025.
PM Lee highlights S’pore’s Green Plan in meeting with Commonwealth leaders
As a small country, Singapore’s impact on the global climate is limited, but the Republic will do its part wherever it can and support others too, Prime Minister Lee Hsien Loong said on Monday (May 24).
PetroChina ships jet fuel to junta-ruled Myanmar, data shows
PetroChina International Singapore Pte Ltd sold a cargo of jet fuel into Myanmar in April, according to government import data reviewed by Reuters, the first such shipment since before the military seized power in a coup in February.
Ayala slows down on Myanmar RE venture
Given the worsening civil strife tearing down Myanmar, Ayala-led firm AC Energy Corporation indicated that it is temporarily slowing down on its renewable energy ventures in that country. “Regarding Myanmar, we will have to wait until the situation stabilizes before we can expand,” AC Energy President and CEO Eric T. Francia said.
Philippines’ further shift to clean energy
The country’s energy grid continues to shift away from traditional sources and further to renewable ones. This was highly noticed in the past months as concerns on individual health and environmental welfare heightened amid the coronavirus disease 2019 (COVID-19) pandemic.
Hitachi SE buys over 35 percent of stake in Trung Nam Group’s wind farm
Hanoi (VNS/VNA) – Hitachi SE’s renewable energy business expanded its market to Vietnam by signing a strategic cooperation agreement with Trung Nam Wind Power Joint Stock Company of Trung Nam Group (TNG) in Ho Chi Minh City on May 14.
DPPA pilot to prompt low-carbon adoption
Vietnam’s much-awaited direct power purchase agreement pilot will be an effective tool for global companies to meet their sustainability commitments, but it remains to be seen how Vietnam can meet the green energy demand from global businesses.
