ACE receives $7.7m grant for Southeast Asian power grid

The ASEAN Centre for Energy (ACE) has received an additional $7.7m grant for the development of the ASEAN Power Grid. In a statement, the World Bank said it approved the grant from the International Development Association. It is part of the bank’s $2.5b Accelerating Sustainable Energy Transition Program to an initial $5m grant for ACE approved […]

Egco acquires 49% interest in US clean power projects

SET-listed Electricity Generating (Egco), a power generation arm of Electricity Generating Authority of Thailand, has acquired a 49% share in clean power projects in the US, stepping up efforts to reach its goal of having renewable energy assets account for 30% of the company’s total assets within five years.