ASEAN should promote hydrogen use
Hydrogen, although frequently used in the ammonia production, petrochemical and oil refining industries, was rarely mentioned in the past two decades by proponents of renewable energy. Of late, the adoption and usage of hydrogen has been accelerating in all sectors. Hydrogen can be produced from many energy sources. Therefore, hydrogen fuels offer great potential as clean […]
The Rising Demand For Air Conditioners
Around the world, scorching heat waves are breaking records, with France reaching a sweltering 45.9 degrees Celsius and Australia hitting 49.5 degrees in 2019. This year, it was reported that Siberia experienced a period of unusually high temperatures for the first six months of 2020 – including a record-breaking 38 degrees Celsius in the town […]
ASEAN looks to boost sub-regional development
Hanoi (Vietnam), July 15 (VNA/ANI): The Association of Southeast Asian Nations (ASEAN) is emerging and playing a central role in the region, thus looking to converge Mekong sub-regional cooperation with its development goals, according to Deputy Minister of Foreign Affairs Nguyen Quoc Dung, head of the SOM ASEAN Vietnam.
Morrison & Foerster helps ECF launch Southeast Asia clean energy fund
In an effort to assemble a pot ready for post-Covid-19 recovery in Southeast Asia, the European Climate Foundation (ECF) has launched a revolutionary clean energy investment fund for the region, with a goal of raising USD 2.5 billion capital commitments.
Floating solar power plants making waves across Asia-Pacific
Floating solar power plants are expected to generate around 900% more electricity across the Asia-Pacific region. That’s according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA), which suggests countries in Asia leads European nations in deploying floating solar farms. It adds floating solar installations have shown they can withstand typhoons, powerful waves and winds […]
Achieving Policy Objectives for Green Bonds in ASEAN
The latest Intergovernmental Panel on Climate Change report, Global Warming of 1.5 ºC, notes the importance of mobilizing green finance for limiting global warming to 1.5 degrees Celsius and preventing catastrophic climate change. In line with this, some countries have been implementing policies to support green bonds. Green bonds are debt securities whose proceeds are used […]
GCPF has announced the closure of a transaction, which will enable CleanMax to expand its operations into Southeast Asia, targeting Thailand first.
The Global Climate Partnership Fund (GCPF) has announced the closure of a transaction, which will enable Indian commercial and industrial (C&I) solar leader CleanMax to expand its operations into Southeast Asia, targeting Thailand as its first new market. GCPF is set to invest USD 10 million in the solar firm.
ING Groep N : invests in clean energy in Southeast Asia
ING has added another first to its growing portfolio of sustainable finance deals in Asia-Pacific by issuing a $75 million loan to Singapore-based Cleantech Solar. This is the largest green loan in Asia Pacific to date in the commercial and industrial (C&I) renewables sector.
