Korea and Vietnam Sign Renewable Energy Agreements to Strengthen Bilateral Partnership
Korea’s Ministry of Trade, Industry and Energy (MOTIE) and Vietnam’s Ministry of Industry and Trade (MOIT) have signed a Memorandum of Understanding (MOU) to enhance cooperation in renewable energy, following a bilateral summit between President Lee Jae Myung and General Secretary of the Communist Party of Vietnam To Lam. The agreements were signed during the […]
ACEN unit inks $100m loan for renewable energy projects
Philippines-based ACEN Corp. has announced that its subsidiary has secured $100m financing, which will support its expansion outside of its home country.
Minister Reports Growth in Indonesia’s Energy Sector Investment
TEMPO.CO, Jakarta – The Indonesian Minister of Energy and Mineral Resources, Bahlil Lahadalia, stated that the total investment in the energy sector throughout the first semester of 2025 reached US$13.9 billion or approximately Rp225 trillion. This figure has increased compared to the same period last year, which was only US$11.2 billion.
B Grimm Power To Invest Over RM4.3 Billion In Malaysia’s RE And Power Sectors
Thai energy giant B Grimm Power Public Company Ltd is set to invest more than US$1 billion (RM4.26 billion) to expand its presence in Malaysia’s renewable energy (RE) and power sectors, with plans spanning large-scale solar developments and gas-fired power projects.
IFC Invests $45M in CleanMax Thailand for Solar Projects
To expand access to reliable energy and make clean power more affordable for industrial businesses, IFC is investing THB 1,476 million (approximately $45 million) in CleanMax Energy (Thailand) Company Limited, a subsidiary of Clean Max Enviro Energy Solutions Private Limited (“CMES” “CleanMax”). Backed by Brookfield, CleanMax is a leading Indian renewable energy and net-zero solutions […]
Asean needs trillions in green investment to hit 2050 goals
KUALA LUMPUR: Significant investments are urgently required to accelerate Asean’s journey towards sustainability, said Securities Commission (SC) chairman Datuk Mohammad Faiz Azmi.
Indonesia urged to revise green taxonomy to support credible low-carbon industry
Indonesia’s current green finance taxonomy risks undermining the country’s ambition to lead the global green industrialization race due to its lenient treatment of mining and coal-fired power sectors, according to a new report by the Energy Shift Institute (ESI).
Indonesia, US to Build 17 Refineries in $8 Billion Energy Deal
Jakarta. The United States will support Indonesia in developing 17 modular oil refineries throughout the archipelago, as the country seeks to reduce its reliance on imported fuels, according to Coordinating Minister for Economic Affairs Airlangga Hartarto.
