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  • Electricity
27 September 2024

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  • Lao PDR

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.

  • Energy Transition
27 September 2024

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  • Philippines

ACEN, GenZero, and Keppel Corporation have signed a Memorandum of Understanding (MOU) to explore the development and utilization of Transition Credits (TCs) to fast-track the retirement of the South Luzon Thermal Energy Corporation (SLTEC) coal-fired power plant (CFPP) in Batangas, Philippines. The collaboration aims to replace the coal plant with a renewable energy facility, marking a groundbreaking initiative that could make SLTEC one of the world’s first coal plants to generate TCs.

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