Vena Energy moves ahead with 550 MW of solar in the Philippines
Singapore’s Vena Energy and MGen Renewable Energy, the renewables unit of Manila-based Meralco PowerGen Corp., have signed an investment agreement for 550 MW of solar in the Philippines. Construction is due to start later this year.
JETP funding expected to spur more geothermal projects in Indonesia
With about USD 21 million committed, funding from the Just Energy Transition Partnership is expected to encourage more geothermal development in Indonesia.
PT PLN And PT Agincourt Resources Partner For Major REC Deal To Boost Green Energy In Indonesia
PT PLN (Persero) has announced a significant step in its commitment to sustainable energy through the sale of Renewable Energy Certificates (RECs) to PT Agincourt Resources. The gold mining company has purchased 275,000 REC units, equivalent to 275 Megawatt hours of renewable energy, from PLN’s North Sumatra Main Distribution Unit (UID).
INDEFOL SOLAR Signs MOU with Adidas for Renewable Energy Deployment in Vietnam
INDEFOL SOLAR has entered into a Memorandum of Understanding (MOU) with global sportswear giant Adidas to implement a Direct Power Purchase Agreement (DPPA) scheme in Vietnam. The collaboration is set to deploy up to 600 GWh per annum of renewable energy, unlocking $600 million in green financing opportunities.
Renewable energy acceleration creates 96,000 jobs in coal-producing regions
Indonesia has the potential to create 96 thousand jobs by increasing the capacity of clean energy and reduce the dependence on fossil fuels in coal-producing regions in East Kalimantan, South Kalimantan and South Sumatra.
Energetic future: Minister Keo Rattanak outlines ambitious renewable goals
Minister of Mines and Energy Keo Rattanak has unveiled the government’s bold strategies to propel Cambodia towards its ambitious target of generating at least 70% of its energy from renewable sources by 2030. This initiative represents a significant commitment to environmental sustainability and economic growth.
Biofuels: Fuelling new income stream for Malaysia
AS the global shift towards sustainable energy accelerates, biofuels have emerged as a key player in the renewable energy (RE) landscape.
Philippines fast-tracks world’s largest solar park with green lane certificate
The Board of Investments of the Philippines has issued a green lane certificate to Terra Solar Philippines for an under-construction project that has been touted as the world’s largest solar array. The certification aims to streamline development.
