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Gunkul Engineering Plc has taken over a solar farm in Vietnam at a cost of US$39.9 million, or 1.26 billion baht, to rack up revenue in renewable energy businesses it believes have high growth potential.
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KUCHING: Malaysia’s largest renewable energy developer and provider Sarawak Energy recently shared its response to the impact of Covid-19 on its business operations while continuing to build a sustainable energy future for Sarawak and the region at the GOESG Asean Corporate Sustainability Virtual Summit 2020.
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Singapore-headquartered microgrid company Canopy Power has partnered with Total Solar Distributed Generation (DG) to build a hybrid project for a remote resort island in Cambodia that includes 2MWh of battery storage.
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Hong Kong-based private credit manager ADM Capital said it is raising a US$500 million debt fund focused on financing Southeast Asian renewable energy projects after bagging a commitment from Beijing-based Asian Infrastructure Investment Bank (AIIB) for US$100 million.
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Vietnam is set to expand its solar and wind capacity as a supportive regulatory environment and growing investor confidence spur on new project development.
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PETRONAS has said it aspires to achieve net zero emissions by 2050, becoming the latest oil and gas major to make an emissions reduction pledge.
ASEAN Centre for Energy (ACE) is an intergovernmental organisation within ASEAN structure that represents the 10 ASEAN Member States’ (AMS) interests in the energy sector.
