Meralco rates down by P0.04/kWh in November billing

Customers of Manila Electric Company (Meralco) will experience slight financial relief on their pockets this month, as the electricity rate it will pass on will be lower by P0.0395 per kilowatt hour (kWh) in its November billing.
Gasoline prices cut by P0.20/liter; diesel up by P0.20/liter

Motorists will be greeted by varied adjustments in pump prices this week – with the cost of gasoline getting trimmed by P0.20 per liter; while diesel will go up by P0.20 per liter.
EESL invests Rs 37 crore in Thailand-based SWAG EV

The state-run Energy Efficiency Services (EESL) has announced an initial investment of $5 million (Rs 37 crore) in Thailand-based electric two-wheeler maker SWAG EV. The move is said to promote the concept of convergence – bringing together electric mobility, renewable energy and carbon finance to catalyse energy transformation in Southeast Asia.
VietinbankSC: VN’s renewable energy sector may reach $714B

The value of the Vietnamese renewable energy sector may reach $714 billion and it may keep developing for at least 25 years, Vietinbank Securities JSC (VietinbankSC) said in a report.
Sustainability bond will position Malaysia as a regional sustainable lifestyle bub

KUALA LUMPUR, Nov 7 (Bernama): The first Sustainability Bond in Malaysia for environmental and social initiatives to be issued by the government will position Malaysia as a regional hub for a sustainable lifestyle, said the head of a solar photovoltaic (PV) solutions company.
Clean energy but at what cost? Bali geothermal project a double-edged sword

BEDUGUL, Bali: On the southern slopes of dormant volcano Mount Bratan were three peculiar looking steel structures, standing several hundred metres apart from each other.
PT Geo Dipa Energi to drill 12 wells for Patuha 2 geothermal project

PT Geo Dipa Energi will soon conduct geothermal exploration by drilling 12 wells in the ciwidey area of ??Mount PatuhaKab. Bandung, according to Riki Firmandha Ibrahima, President Director of PT Geo Dipa Energi, in a statement to Jabarek Pres.
Gov’t urged to boost renewable energy amid pandemic

Senator Sherwin Gatchalian today urged the government to maximize the potential of renewable energy (RE) sources in the country and step up the energy transition as the coronavirus disease (COVID-19) pandemic is leading to reduction in fossil fuel consumption.