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The island-state’s central bank has introduced a sustainability-linked scheme to help companies defray expenses when engaging with service providers to validate the green credentials of a loan.
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China Huaneng Group Co., Ltd. (CHNG) held an open day event at the Se-San River II Hydropower Station in Cambodia on November 23.
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The Ministry of Mines and Energy has said that natural gas, LNG, will play an important role in Cambodia’s power supply in the future, and towards this end, up to 3,600 MW of power is planned to be generated from LNG plants as of 2030.
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The world’s most ambitious renewable energy project to date is the proposed Australia–ASEAN Power Link. This project would combine the world’s largest solar farm, the largest battery, and the longest undersea electricity cable. The 10 gigawatt (GW) solar farm would cover 30,000 acres in Australia’s sunny Northern Territory. That is about the equivalent of 9 million rooftop solar photovoltaic (PV) panels. The solar farm would be paired with a 30 gigawatt-hour (GWh) battery storage facility to enable round-the-clock dispatch of renewable power. It’s not enough to build a solar farm in the middle of nowhere if you can’t get the power out. The project currently envisions an 800-kilometer high-voltage overhead power line to transmit 3 GW to Darwin on the northern coast of Australia’s Northern Territory. From there, it would transfer to a 3,700 km 2.2 GW undersea power line to Singapore. Sun Cable, a Singapore-based company founded in 2018, is behind the proposed $16 billion project.
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Several foreign and domestic companies have expressed interest in building multibillion-dollar liquefied natural gas power and storage plants in the central province of Khanh Hoa.
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KUALA LUMPUR, Nov 23 — Malaysia’s commitment to reduce its carbon emission intensity by 45 per cent by year 2030 can only be fulfilled through the involvement of diverse stakeholders, said Entrepreneur Development and Cooperatives Minister Datuk Seri Wan Junaidi Tuanku Jaafar.
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The Myanmar government is putting the finishing touches on an ambitious new economic recovery and reform plan. To be announced during the current transition period following the Nov 8 elections, it will be part of the strategic plan for the next five years.
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.
