VPBank signs $150 million loan agreement to fund clean energy projects
The Vietnam Prosperity Joint Stock Commercial Bank (VPBank) and the Japan Bank for International Cooperation (JBIC) have recently signed a credit agreement worth up to US$150 million to finance renewable energy and power transmission projects in Việt Nam, contributing to the national goal of achieving net-zero emissions by 2050.
Vietnam sets 6.4 US cents per kWh for wind power imported from Laos
Vietnam’s Ministry of Industry and Trade has set base import prices for wind and solar power imported from Laos at 6.4 and 6.78 U.S. cents per kWh, respectively, from end-2025 to end-2030.
Indonesia Reduces Local Content Requirements to Boost Green Energy Investments
The Indonesian government has relaxed the local content requirements (LCR) for the development of electricity infrastructure under Ministry of Energy and Mineral Resources regulation 11 of 2024 (MEMR 11/2024) in a move aimed at attracting concessional funding for renewable energy projects from international development banks.
PATRIZIA enters Philippines with initial investment into one of the country’s leading solar energy companies and overall USD 100 million investment targeted
PATRIZIA and Mitsui enter into binding agreements to acquire an interest in BEI – the Philippines’ leading independent commercial and industrial (C&I) rooftop solar developer, owner and operator.
Cambodia approves $5.79B investment in 23 Energy Projects to enhance power security and clean energy by 2030
The Cambodian Council of Ministers have approved 23 new investment projects in the power sector for the period 2024-2029, aimed at addressing the country’s ongoing power shortages. The approval was granted during a weekly cabinet meeting chaired by Prime Minister Hun Manet on Friday, September 27, at the Peace Palace.
SAI investor eyes renewable energy sector
Angkor International Airport Investment (Cambodia) Co., Ltd., an affiliate of China’s Yunnan Investment Holdings Ltd., and chief investor behind the recently inaugurated Siem Reap Angkor International Airport (SAI), has announced the company’s intentions to inject further investments into the Kingdom, this time eyeing the renewable energy sector.
Gradual Energy Transition Expected to Save Rp90tn of Fuel Subsidy per Year: Minister Luhut
The Coordinating Minister for Maritime and Investment Affairs, Luhut Binsar Pandjaitan, said a gradual energy transition will save Rp45 trillion to Rp90 trillion of fuel subsidy per year. Minister Luhut conveyed the statement during the sidelines of the High-Level Forum on Multi-Stakeholder Partnerships (HLF MSP) and Indonesia-Africa Forum (IAF) II in Badung, Bali, on Monday, […]
Vietnam, Australia expand cooperation on energy, minerals
Vietnam welcomes Australia’s investment and cooperation in advanced and modern technology to optimise the exploitation and deep processing of key minerals and ensure environmental sustainability.
