TMB Bank PLC backs Southeast Asian solar power producer Constant Energy with up to US$50 million loan facility
TMB Bank Public Company Limited is further expanding its financing activities in the commercial and industrial (C&I) solar sector by providing Thailand-based Constant Energy Group with a 1.5 billion THB (approx. US$50 million) long term green project finance loan package. The funding will be deployed to further expand Constant Energy’s sizeable portfolio of solar energy […]
Sustainability heralds $1 trillion opportunity for Southeast Asia
Southeast Asia has fallen behind on the global sustainability agenda, although advancements in this space could be a $1 trillion economic opportunity for the region by 2030. This is according to a new Bain & Company report.
Nuclear Energy In A Post-Pandemic ASEAN
The unprecedented COVID-19 pandemic shocked the world in the first quarter of 2020 with no clear end in sight. Severe impact on the economy globally as well as in ASEAN was inevitable.
Asean Energy Profile and The Role of Indonesia
In developing countries, energy use from industry rises proportionally to gross domestic product (GDP), according to the 2017 report from the International Energy Agency or IEA. Between 2000 and 2015, Indonesia transitioned from agriculture to industry. The industry sector contributes around 39 percent of Indonesia’s GDP, and the annual energy consumption growth rate in this sector is projected to be 0.54 percent. […]
China and Japan ‘risk missing’ $205bn ASEAN renewables opportunity
TOKYO — The prospects for keeping global temperatures in check seemed to be brightening as more than 70 heads of state gathered virtually over the weekend to mark the fifth anniversary of the Paris climate accord.
Thai protests slow transition to renewables
Excess power capacity and complicated market governance are contributing to providers’ unwillingness to further invest in solar and wind
Making Hydropower ‘Greener’
Hydropower technology is considered a clean renewable energy source. It is generated by converting kinetic and potential energy from falling water into rotating shaft power, which can be used to drive an electricity generator.
