ING Finances Solar Firm’s Southeast Asia Expansion
ING Bank has issued a $75 million loan to Cleantech Solar, one of the largest C&I focused solar PV developers in Asia, to finance its expansion across Southeast Asia, according to a press release on Tuesday.
Asia Refiners Face Battle With Fuel Glut Dwarfing Demand Rebound
(Bloomberg) — Asian refiners may have hit a brick wall in their recovery from the virus-driven slump with the rebound in fuel demand not big enough to clear a massive glut built up over the last few months. Processors are unlikely to increase operating rates much further until the surplus is cleared and margins improve, with […]
Southeast Asia energy buyers grab chance to lock in green deals
TOKYO — Investment in renewable energy in Southeast Asia is holding up despite the economic pressure of the coronavirus pandemic, with many business buyers seizing chances to lock in low-cost power supplies for the long term, according to companies in the sector.
Ideal time to paint a greener future
Many of the most polluted cities in the Association of Southeast Asian Nations (ASEAN) member states have been enjoying cleaner air as a result of lockdown measures to combat the spread of COVID-19. However, as governments begin to lift restrictions to pave way for the return of business activities, the demand for energy will also go […]
Analysis: Low gas prices not enough for Asia to move away from coal
Singapore — Record low global gas prices may have hit the appetite for coal in the Americas and in Europe, but it may do little to snatch away the fuel’s strong presence in Asia, thanks to the region’s limited scope to switch between fuels.
Energy efficiency: Southeast Asia’s decarbonisation quick fix?
Southeast Asia’s energy consumption almost doubled between 1995 and 2015, and is expected to double again by 2040, growing at 4 per cent a year—almost twice as fast as the rest of the world.
Can power from palm oil waste replace fossil fuels in coal-loving Asia?
Low in moisture and high in calorific value, palm kernel shells are ideal for burning, but their use for power production does not come without challenges. Can these materials help shrink coal’s climate impacts in Asia? What happens to the waste that accumulates when oil palm fruits are processed?
Asean: LYS Energy Group and Talesun Solar join forces to develop growing clean energy market
LYS Energy Group(LYS), the leading Singapore home-grown Solar Independent Power Producer (IPP) has signed a collaboration agreement with Chinese top solar cell and module manufacturer Talesun Solar (Talesun), to support both companies’ expansion of bolstering clean energy adoption by commercial and industrial sector (C&I) in the Association of South East Asian Nations (Asean) regions.
