Germany invests $36 million in rural power
German Development Cooperation has invested 30 million euros ($36 million) in concessional lending to Cambodia to enhance energy efficiency and rural power supply.
Nearly 100 percent of Cambodia’s villages electrified
Nearly 100 percent of Cambodia’s villages electrified
Electricity demand dips, renewable energy gains momentum
KUALA LUMPUR: The fallout from Covid-19 has a significant impact on electricity consumption trends in Malaysia and elsewhere as movement restrictions to stop the spread of the virus have led to sudden change of socioeconomic habits such as commuting, working and playing.
Bantayan Island to complete electrification by 2022
Consumers being served by the Bantayan Island Electric Cooperative (BANELCO) could expect full electrification of the entire area by year 2022, based on the energization program being cast by the power utility.
New Egat head eager to slash bureaucratic rules
Boonyanit Wongrukmit, the newly appointed governor of state-run Electricity Generating Authority of Thailand (Egat), vows to reduce bureaucratic hassles and build a more informal atmosphere at work to make Egat more agile in dealing with the fast-changing energy industry.
ADB approves electricity infrastructure loan for Myanmar
The Asian Development Bank (ADB) has approved a $171 million loan to Myanmar with the construction of electricity infrastructure.
Energy Capital Vietnam forms LNG joint venture with Gunvor
Energy Capital Vietnam (ECV) has formed a joint venture with Gunvor International, one of the world’s leading independent energy commodities trading houses.
Keppel launches second data centre fund with over $666.5m first close
SINGAPORE (THE BUSINESS TIMES) – The asset management arm of Keppel Corp has launched a second data centre fund, which will focus on making strategic investments in the “fast-growing” data centre sector in the Asia-Pacific and Europe.