ADB agrees on US$92.6M financing for Indonesia’s geothermal power expansion
The Asian Development Bank (ADB) signed a US$92.6 million (Rp1.5 trillion) financing agreement with PT Supreme Energy Muara Laboh (SEML) for the development of Indonesia’s geothermal power resources.
PH expedites renewable energy projects worth over $70b in 2024
In December alone, six projects were certified as strategic projects. The Philippines has granted green lane access to a total of 176 projects as of 26 December last year, of which 141 projects worth $70b (PHP 4.13t) are renewable energy facilities.
More investments needed for infrastructure as Asean works towards an interconnected grid
ABU DHABI – The Asean power grid, which will allow countries in the region to trade electricity with one another, has made some headway with several recent agreements.
Petra identifies two energy-related priority economic deliverables under Asean chairmanship
PUTRAJAYA (Jan 13): The Ministry of Energy Transition and Water Transformation (Petra) has identified two energy-related priority economic deliverables (PED) as key priorities under Malaysia’s Asean chairmanship in 2025.
Chinese company intends to invest in recycling waste into electricity in Cambodia
Sabo Ojano, Secretary of State of the Ministry of Environment, led a delegation of the Ministry of Environment to pay a three-day visit to the Socialist Republic of Vietnam from January 10 to 12, 2025.
Philippine SEC rolls out green equity guidelines to boost sustainable investments
According to ESG News, the draft memorandum circular, known as the Green Equity Guidelines, outlines measures to encourage the issuance of green equity, aligning with global sustainability commitments like the Paris Agreement and the United Nations Sustainable Development Goals (SDGs).
Carbon Capture Poised To Attract $10B+ Investment In Malaysia By 2030
TA Securities anticipates that carbon capture technologies (CCTs) in Malaysia will attract over $10 billion in capital expenditures by 2030, aligning with the government’s ambitious National Energy Transition Roadmap (NETR) target of capturing 40-80 million tons of carbon dioxide per year.
Australia invests in Southeast Asia’s clean energy transition
Australia has made the initial investment under its Government’s 2 billion AUD (1.3 billion USD) Investment Financing Facility, which Prime Minister Anthony Albanese unveiled at the ASEAN-Australia Special Summit earlier this year.
