Renewable fund to raise $2.5B for region’s recovery from pandemic

A RENEWABLE-ENERGY fund will invest more than $2.5 billion in Southeast Asian renewable energy projects to support the region’s recovery from the pandemic, with a focus on the Philippines, Vietnam and Indonesia.
Mekong Under Great Threat

Water levels in Southeast Asia’s largest river may be at its lowest in a century. Low rainfall, high temperatures and poor dam regulations are contributing to a historic low at the Mekong, affecting lives, the region’s agriculture and fishing industries and leading to rapidly drying taps.
Fluence ‘reveals’ 500+MW contracted portfolio in unnamed Southeast Asia territory

Fluence has announced that it has been contracted to deliver a large tranche of projects in Southeast Asia, but has agreed with its customer not to reveal yet which country they will be located in. The portfolio will apparently be more than 500MW of energy storage systems that will “rapidly come to life across an entire […]
Mizuho Investors Reject Shareholder Climate Resolution

Mizuho Financial Group Inc. investors rejected a shareholder climate resolution at a annual general meeting Thursday that had placed Japan’s third-largest bank in the spotlight for its financing of coal power projects. The resolution, which its sponsor said was the first of its kind in Japan, would have required Mizuho to disclose climate risks and publish a plan […]
Cleantech Solar and ING ink Asia Pacific’s largest green loan for commercial and industrial rooftop solar projects

Cleantech Solar, one of the largest commercial and industrial (C&I) focused solar PV developers in Asia, has secured a US$75 million green loan from ING Bank N.V., Singapore Branch (ING). ING was the sole Mandated Lead Arranger and Green Structuring Advisor. This is the largest green loan in Asia Pacific to date in the C&I […]
Cleantech Solar secures Asia Pacific’s largest ever C&I green loan

Singapore-based pan-Asian solar developer Cleantech Solar has secured the Asia Pacific’s biggest ever green loan for commercial and industrial (C&I) rooftop solar projects after ING Bank approved US$75 million in financing.
In post-Covid Asia, countries should develop their own renewable energy capabilities

With clean energy projects experiencing delays due to the coronavirus, developing economies in the region should scale up local manufacturing and employment, said the Asian Development Bank’s energy sector chief. With developing Asia set to build fewer solar plants and wind turbines this year amid the Covid-19 crisis, the region should turn to domestic suppliers for renewable […]
Cleantech Solar receives loan for Southeast Asia growth
Cleantech Solar, a commercial and industrial (C&I) focused solar PV developer in Asia, has secured a US$75 million green loan from ING Bank N.V., Singapore Branch (ING). ING was the sole mandated lead arranger and green structuring advisor. This is the largest green loan in Asia Pacific to date in the C&I renewables sector, with […]