DTI secures Japanese investment to strengthen PH energy security
Four Japanese firms are set to invest Php 23.5 billion in the Philippines, with a portion of the funds directed toward renewable energy projects. In a Philippine Star report, among the firms with investment plans is Sumitomo Corporation, which is looking to expand its investments in renewable energy as part of the Philippine government’s push […]
3 companies to list green sustainability bonds
The Cambodia Securities Exchange (CSX) will welcome the listing of green and sustainability bonds from three companies that will raise funds from the stock market in 2025. Sou Socheat, Director-General of the Securities and Exchange Regulator of Cambodia (SERC) shared the information during a capacity-building workshop held in Phnom Penh.
ASEAN Sec-Gen Urges Business Stakeholders To Back USD$764 Bln Power Grid Initiative
JAKARTA, March 7 (Bernama) — ASEAN secretary-general Dr Kao Kim Hourn has urged business stakeholders to support the ASEAN Power Grid (APG) initiative, which is expected to require US$764 billion for power generation and transmission by 2040.
Electricity Exports To Singapore Are Estimated To Increase Foreign Exchange Of 4.2 Billion US Dollars Per Year
JAKARTA Indonesia’s plan to export renewable energy electricity to Singapore is estimated to generate additional foreign exchange of up to 4.2 billion US dollars per year and income tax of 210 million to 600 million US dollars per year.
Indonesia to Offer Energy Projects Worth $40 Billion in 2025, Minister Says
TEMPO.CO, Jakarta – Indonesia seeks to boost coal gasification projects using funding from its newly launched sovereign wealth fund Danantara Indonesia, the country’s energy minister said.
Renewable energy exports to Singapore via Enegem based on excess supply, says deputy minister
KUALA LUMPUR (March 4): The implementation of renewable energy (RE) exports through the Energy Exchange Malaysia (Enegem) is based on excess electricity from the existing electricity supply system, said the Ministry of Energy Transition and Water Transformation.
SPNEC secures PHP 150 B loan to expand solar and battery energy storage
SP New Energy Corporation (SPNEC) has secured a Php 150 billion, 15-year Omnibus Loan and Security Agreement (OLSA) through its subsidiary, Terra Solar Philippines Inc. (MTerra Solar), marking a major financial milestone for the company’s renewable energy initiatives.
Over half of Singaporean businesses plan solar investments by 2030
This is partly driven by the need to reduce electricity-related emissions. Businesses in Singapore are looking into investing in solar power to increase their sources of clean energy, according to a study by Schneider Electric.
