Myanmar enters LNG importing arena
Myanmar has become the newest country to start importing liquefied natural gas (LNG), as the fuel is adopted as the fastest solution to recent power shortage and increased power demand. The Asian nation received its first LNG cargo on June 6. The small-scale, 0.6 billion cubic feet (Bcf) LNG vessel arrived at the industrial port of Thilawa, southwestern Myanmar. […]
Wind energy in Vietnam, Vestas’ wind turbines for 48 MW wind farm
Vestas has secured a 48 MW order with Vietnamese developer, Phong Lieu Wind Power JSC for a wind project located in the Quang Tri Province of Vietnam. This win marks Vestas’ eighth wind project in the province, bringing its footprint in this area to over 300 MW and to a total of almost 700 MW […]
Advancecon turns to RE for new earnings stream
ADVANCECON Holdings Bhd plans to make headway into renewable energy (RE), as the sector holds high growth potential for the group.
Myanmar govt commits to new refinery projects with private sector
The Ministry of Electricity and Energy (MOEE) is making plans to build new oil refineries in Myanmar to meet domestic oil demand and boost energy security in the country, said U Tin Maung Oo, Permanent Secretary of the MOEE.
Clean energy development presents challenges
With its aim to expand solar energy investment by 12 percent by the end of this year and increase it up to 20 percent over the next three years, Cambodia has been facing challenges of transiting to clean energy development, according to a case study report by Climate Investment Funds (CIF) and the Asian Development […]
Cleantech Solar secures Asia Pacific’s largest ever C&I green loan
Singapore-based pan-Asian solar developer Cleantech Solar has secured the Asia Pacific’s biggest ever green loan for commercial and industrial (C&I) rooftop solar projects after ING Bank approved US$75 million in financing.
KIT, Keppel Energy bag S$700m sustainability-linked loan from DBS, OCBC
KEPPEL Infrastructure Trust (KIT) and Keppel Energy – a wholly-owned subsidiary of Keppel Infrastructure Holdings – have obtained a seven-year S$700 million sustainability-linked loan from DBS Bank and OCBC Bank.
Cleantech Solar receives loan for Southeast Asia growth
Cleantech Solar, a commercial and industrial (C&I) focused solar PV developer in Asia, has secured a US$75 million green loan from ING Bank N.V., Singapore Branch (ING). ING was the sole mandated lead arranger and green structuring advisor. This is the largest green loan in Asia Pacific to date in the C&I renewables sector, with […]
