ACE receives $7.7m grant for Southeast Asian power grid

The ASEAN Centre for Energy (ACE) has received an additional $7.7m grant for the development of the ASEAN Power Grid. In a statement, the World Bank said it approved the grant from the International Development Association. It is part of the bank’s $2.5b Accelerating Sustainable Energy Transition Program to an initial $5m grant for ACE approved […]

ASEAN green initiatives can generate additional USD300 bil by 2030

KUALA LUMPUR: ASEAN could generate an additional USD300 billion annually in green revenues and unlock up to USD1.5 trillion in new value by 2030 with advancing green investments and cross-border collaboration in regional power grids, carbon markets, and clean energy incentives (USD1=RM4.23).