Philippines Secures $15 Billion Renewable Energy Deal With UAE’s Masdar
The Philippines is taking a significant step toward its energy transition goals with a landmark $15 billion agreement with Masdar, the United Arab Emirates’ state-owned renewable energy company. The deal aims to develop solar, wind, and battery energy storage systems across the Southeast Asian nation.
Wind power project underway, as demand for clean energy soars
A 150 MW wind power project in Mondulkiri Province is expected to be completed by 2026. As investments continue to grow, Cambodia’s demand for electricity, especially clean energy, is increasing daily.
PLN Indonesia Power to Build 50 MW Floating Solar Power Plant in Lake Singkarak
TEMPO.CO, Jakarta – PT PLN Indonesia Power (PLN IP), a subsidiary of state-owned electricity company PLN, is ready to develop a 50-megawatt floating solar power plant (PLTS) in Lake Singkarak, Tanah Datar Regency, West Sumatra. PLN Indonesia Power President Director, Edwin Nugraha Putra, said in a statement in Jakarta on Monday that his company will fully support the government’s energy […]
Laos-based 600 MW Monsoon wind power to export energy to Vietnam soon
The 600 MW Monsoon wind power project in Laos is reaching final phases of construction and will soon export electricity to Vietnam, investor Monsoon Wind Power reported.
Nam Theun 2 hydropower project set to contribute US$2bil to Laos
VIENTIANE: Nam Theun 2, one of Laos’ most significant hydropower projects in Laos, is expected to generate approximately US$2 billion to the government of Laos over the 25-year concession period.
ADB agrees on US$92.6M financing for Indonesia’s geothermal power expansion
The Asian Development Bank (ADB) signed a US$92.6 million (Rp1.5 trillion) financing agreement with PT Supreme Energy Muara Laboh (SEML) for the development of Indonesia’s geothermal power resources.
PH expedites renewable energy projects worth over $70b in 2024
In December alone, six projects were certified as strategic projects. The Philippines has granted green lane access to a total of 176 projects as of 26 December last year, of which 141 projects worth $70b (PHP 4.13t) are renewable energy facilities.
Bursa Malaysia announces new renewable energy subsector classification
KUALA LUMPUR: Bursa Malaysia has added a ‘renewable energy’ (RE) subsector under its ‘energy’ and ‘utilities’ classifications to better categorise public listed companies (PLCs) operating in the RE space.
