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More than 20,000 people in rural areas of Indonesia and Timor-Leste will have access to electricity and water thanks to a clean energy project run by Korea International Cooperation Agency (KOICA).
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The subsidy being paid for by Filipino consumers in their power bills for the provision of electricity services in off-grid areas is projected swelling to P28.373 billion next year, roughly P15 billion higher compared to the P13.241 billion disbursed subsidy last year.
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In Southeast Asia, Covid-19 has worsened the already grim economic growth in 2019 that resulted from US-China trade tensions and Brexit uncertainties.
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Austria-based Gussing Renewable Energy Thailand is ready to tap into increasing demand for renewable energy in Asia with its unique technology, following the success of its first biomass power plant in Asia.
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It is never too late to do the right thing. The government is shortly to provide many incentives to investors in renewable energy power plants that will be detailed in a presidential regulation. This regulation has been long-awaited because many investors have been reluctant to put money into developing clean energy sources. As well as the high investment costs, there is no guarantee that the electricity will be purchased by state electricity company PLN at a suitable price.
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The United Nations Development Program (UNDP) in collaboration with the Korea International Cooperation Agency (KOICA), has launched an US$18 million project to provide access to solar power and clean water in remote parts of Indonesia and Timor-Leste.
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Power consumption in the country is seen to contract by six percent this year as the sector continues to reel from the impact of the COVID-19 pandemic, a unit of credit watchdog Fitch Ratings said.
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Hydroelectric dam building in China and Laos is increasingly damaging the Mekong River, which has the world’s most important freshwater fishery.
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.
