Cambodia’s power project secures first guarantees from MIGA
The Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group, has issued guarantees supporting the refinancing of existing power transmission infrastructure in Cambodia’s capital of Phnom Penh and its surroundings. The move paves the way for commercial funding to replace the facility previously offered by the Export-Import Bank of Malaysia.
Thailand’s EGAT to receive second spot LNG cargo from Malaysia’s Petronas
State-run Electricity Generating Authority of Thailand said it will buy a second spot-market shipment of liquefied natural gas (LNG) on Tuesday.
Singapore report lays out pathway for maritime to adopt alternative fuels
Nanyang Technological University (NTU) and Singapore Maritime Institute (SMI) have released a report that outlines how companies can use alternative fuels to power ships to help meet IMO’s 2050 greenhouse gas (GHG) emissions reduction target
Govt extends power bill payment deadline in Yangon
The government said that it will be extending the deadline for the monthly power tariff in Yangon for up to a month as part of measures to avoid unnecessary mass gatherings during the COVID-19 pandemic.
Green debt issued in region doubles to $11 billion last year
Sustainable financing is gaining traction in South-east Asia, with green loans and bond issuances rocketing across the region last year and Singapore leading the way, a new report noted yesterday.
Keppel and Singapore partner on funding for clean energy innovations
Singapore-based Keppel Offshore & Marine signed a US$10M partnership agreement and MoU with Singapore’s Energy Market Authority (EMA) to develop innovative technologies in the areas of distributed energy resources, digitalisation and low-carbon alternative systems
ADB-supported solar project on the horizon
A 60-megawatt solar station, supported by a $7.64 million loan from Asia Development Bank (ADB) is scheduled to be built later this year in Kampong Chhnang province, north of Phnom Penh.
Energy Lab’s stimulus plan for clean energy investment
Energy Lab has suggested two immediate “stimulus suggestions” to support clean energy investment easily.
