Chinese investors eye Cambodia’s energy sector for expansion
A company based in China’s Zhejiang province has expressed interest in investing in Cambodia’s energy supply sector, highlighting power as a crucial factor in attracting investors across industries and driving national economic growth.
ADB inks $820m loan for 12 renewable energy projects in Thailand
The Asian Development Bank (ADB) and Gulf Renewable Energy Company Limited, a subsidiary of Gulf Energy Development Public Company Limited, have signed an $820m loan that will fund the construction of 12 renewable energy projects across Thailand.
Indonesia Sees Global Clean Power Alliance As New Source of Funding
Jakarta. Indonesia welcomes the recently launched Global Clean Power Alliance which is expected to be a new source of funding for the archipelagic country’s energy transition.
Indonesia, Germany Invest €1.2 Billion Green Funding for Clean Energy Development
€1.2 Billion Agreement Signed: Indonesia’s PT PLN (Persero) and Germany’s KfW signed an MoU to fund the development of a Pumped Storage Hydropower Plant (PLTA) and related transmission projects, marking a major step toward Indonesia’s renewable energy goals.
Singapore commits $500M in matching concessional funding to support decarbonization in Asia
The Singapore Government has committed up to $500 million in concessional funding to support the Financing Asia’s Transition Partnership (FAST-P) launched by the Monetary Authority of Singapore (MAS) last year.
Malaysia, Indonesia’s journey in pushing for green finance
Malaysia and Indonesia are advancing green finance to tackle climate change, but face hurdles like unclear standards and public awareness.
DOE: Maharlika studying possible financing schemes for nuclear power
MANILA – Department of Energy Secretary Raphael Lotilla said his department tapped the Maharlika Investment Corporation (MIC) to study financing schemes that can be used to advance the government’s plan to include nuclear power in the country’s energy mix.
Brunei’s path towards a circular economy
BANDAR SERI BEGAWAN: Minister of Primary Resources and Tourism Datuk Seri Setia Dr Abdul Manaf Metussin shared that Brunei Darussalam is making significant strides towards establishing a circular economy through government policies, waste management strategies, public education efforts, international collaborations, and private sector participation.
