PATRIZIA enters Philippines with initial investment into one of the country’s leading solar energy companies and overall USD 100 million investment targeted
PATRIZIA and Mitsui enter into binding agreements to acquire an interest in BEI – the Philippines’ leading independent commercial and industrial (C&I) rooftop solar developer, owner and operator.
Philippines gets its first EV battery plant
President Ferdinand Marcos Jr. of the Philippines has officially inaugurated the country’s first electric vehicle battery factory, hailing it as a significant step towards a cleaner energy future. This milestone event, which took place on Monday, marks a pivotal moment in the Philippines’ journey towards sustainable energy and advanced manufacturing.
Indonesia Asks Exxon To Boost Oil Production
Indonesia on Monday asked U.S. supermajor ExxonMobil to raise its crude oil production in the country to 150,000 barrels per day (bpd) in 2026, up from 125,000 bpd, Bahlil Lahadalia, Indonesia’s Minister of Energy and Mineral Resources, said.
Philippine government aims to secure USD 250m for geothermal derisking facility
The Philippine Department of Energy is working to secure USD 250 million to fund a de-risking facility for geothermal projects in the pre-development stage.
Cambodia approves $5.79B investment in 23 Energy Projects to enhance power security and clean energy by 2030
The Cambodian Council of Ministers have approved 23 new investment projects in the power sector for the period 2024-2029, aimed at addressing the country’s ongoing power shortages. The approval was granted during a weekly cabinet meeting chaired by Prime Minister Hun Manet on Friday, September 27, at the Peace Palace.
Indonesia aims to reduce emissions through construction and building industry
Indonesia continues to strengthen its commitment to reducing greenhouse gas (GHG) emissions by focusing on the construction and building sector.
Laos aims to enhance power sector reform
The Asian Development Bank (ADB) approved a USD3 million technical assistance project to enhance power sector reform in Laos, aiming to create a sustainable and reliable clean electricity supply in the Greater Mekong Subregion.
Indonesia aims for 5GW of wind power by 2030, energy ministry official says
Indonesia aims to develop 5 gigawatts of wind power capacity by 2030 under its new power supply plan, an energy ministry official said on Friday, a nearly 10-fold increase on the current plan.
