Philippines secures 4 loans totaling $1.8 billion or ₱103.9 billion from World Bank in March
The Washington-based multilateral lender World Bank has approved an $800-million, or approximately ₱45.8-billion, loan to support the Philippines’ transition to clean energy and improve water management.
Danantara backs domestic energy transition to cut LPG reliance
Jakarta (ANTARA) – The Danantara Investment Management Agency will provide funding for the dimethyl ether (DME) project aimed at decreasing LPG imports, Deputy Minister of Investment and Downstream Todotua Pasaribu stated.
Equinix Issues First Green Bonds in Singapore, Raising $375 Million for Sustainable Data Centers
Equinix successfully issued SGD 500 million in green bonds, marking its inaugural entry into Singapore’s bond market and the first such issuance by a U.S. corporate in over five years. The bonds, 3.50% senior notes due in 2030, closed on March 13, 2025, bringing Equinix’s global green bond issuances to approximately US$7.3 billion.
EIB, Energy Ministry discuss sustainable energy growth plans
The European Investment Bank (EIB) will cooperate with the Ministry of Mines and Energy to implement its sustainable energy growth plans. This came as Keo Rattanak, Minister of Mines and Energy, received Nicola Beer, Vice-President of EIB at the ministry headquarters. The meeting was also attended by Igor Driesmans, European Union (EU) Ambassador to Cambodia.
Thaksin backs solar power to cut energy costs for Thailand’s data centers
To attract investment from high-tech industries such as data centers, the de facto leader of Thailand’s ruling Pheu Thai Party and former Prime Minister Thaksin Shinawatra announced that the government will increase the use of renewable energy sources like solar power.
Indonesia, UK collaborate on low-carbon energy transition in NTT
Jakarta (ANTARA) – East Nusa Tenggara (NTT) is on the path to achieving a low-carbon energy transition with the help of the bilateral program between Indonesia and the UK called Towards Indonesia’s Low Carbon Energy Transition (Mentari).
Ministry plans new directorate to accelerate energy transition
Jakarta (ANTARA) – The Ministry of Energy and Mineral Resources (ESDM) is currently setting up a new directorate to accelerate the energy transition, according to secretary general Dadan Kusdiana.
Singapore’s offshore wind sector to create 1000 jobs by 2030
Singapore’s offshore wind expansion will create 1,000 jobs by 2030, boosting demand for engineers, especially in floater design. Floating wind capacity is expected to rise to 15%, driving roles in turbine installation, cable-laying, and sustainability.
