Scatec JV Secures Funding For 56 MW Battery Project In The Philippines, Construction Set To Begin
Scatec ASA and Aboitiz Power have finalized financing for their battery energy storage projects in the Philippines and are set to begin construction. The projects include a 16 MW battery system at the Magat hydropower plant (Phase 2) and a 40 MW system at the Binga hydropower plant. These battery storage systems will support the […]
ICAP expresses interest in investing in electric vehicles in Cambodia (VIDEO)
Dr. Hun Manet, Prime Minister of the Kingdom of Cambodia, received Zhang Chaomin, Chairman and CEO of Infinite Capital Holdings (ICAP), at the Peace Palace yesterday.
Singaporean RE developer eyes $300-M investment in Philippines
SINGAPORE-BASED renewable energy (RE) developer Gurīn Energy plans to invest approximately $300 million (around P17 billion) in the Philippines to develop one gigawatt (GW) of RE projects over the next two to three years.
Thailand Explores Energy Cost Reductions While Balancing Renewable Investments
Thailand’s Energy Minister Pirapan Salirathavibhaga has proposed a significant reduction in electricity tariffs by adjusting the use of Pool Gas, a key component in the country’s energy generation mix. The proposed cut of nearly 0.40 baht per kilowatt-hour surpasses the 0.17 baht reduction initially suggested by the Energy Regulatory Commission (ERC), which had recommended lowering […]
Laos to build $1.9 bln wind power plant to export electricity to Vietnam
The Lao Government and Chitchareune Construction – a Lao builder will jointly build the 1,200 MW Nong wind power plant, with an investment of $1.9 billion, to export electricity to Vietnam.
CKPower Drives Renewable Energy Goals with RECs
Amid the transition from fossil fuels to clean energy driven by renewable energy in the power generation sector, Renewable Energy Certificates (RECs) have emerged as a vital tool for organisations to demonstrate their commitment to achieving net-zero greenhouse gas emissions. RECs also fulfil business requirements for advancing environmental development while significantly enhancing sustainability branding and […]
UAE to support Indonesia’s clean energy transition with investments
Jakarta (ANTARA) – Coordinating Minister for Economic Affairs Airlangga Hartarto stated that the United Arab Emirates (UAE) is ready to support Indonesia in achieving a clean energy transition.
Australia Provides USD8 Million to Support Energy Transition in Indonesia
IDXChannel – Australian Development Investments (ADI) has announced a USD8 million anchor commitment to Indonesian venture capital firm AC Ventures’ Climate and Sustainability Fund.
