World Bank approves Indonesia loan, funding for clean energy and health
JAKARTA, June 27 (Reuters) – The World Bank said on Tuesday it had approved a $1.14 billion project to expand access to cleaner electricity in Indonesia, for which it will provide $500 million in financial support, and $600 million toward a project to improve childhood nutrition.
Rondo announces 90 GWh heat battery factory
Rondo Energy, developer of the Rondo Heat Battery, announced it has partnered with Siam Cement Group to expand its factory to a 90 GWh capacity. The Thailand facility currently produces 2.4 GWh of industrial heat batteries and is planned to be expanded to the largest battery factory in the world.
Malaysia to launch national energy transition and hydrogen roadmaps
Malaysia this year will launch two more national strategic energy roadmaps as the Asean nation further embraces the energy transition.
Climate change actions will spur green growth, says Brunei Finance Minister
Minister at the Prime Minister’s Office and Minister of Finance and Economy II Dato Seri Setia Dr Awang Mohd Amin Liew, who is Co-Chair of the Brunei National Council on Climate Change, said this yesterday in his closing address at the Climate Change and Sustainability Forum.
ASEAN Mulls Establishing Carbon Neutrality Task Force
The government has set ambitious targets for renewable energy development, aiming to increase the share of renewables in the total energy mix to 15-20% by 2030 and 25-30% by 2045. To achieve these goals, Vietnam has been actively promoting investment in renewable energy projects, offering incentives such as feed-in tariffs, tax exemptions, and low-interest loans.
Chinese ODA big help to Cambodia's development
Cambodia’s Minister of Commerce Pan Sorasak said here on Monday that China’s official development assistance and investment have greatly contributed to the socioeconomic development in the Southeast Asian country.
Group calls for transparency in EV efficiency ratings
An environmental watchdog has called on car manufacturers to increase transparency in advertising a vehicle’s energy efficiency.
NGCP invests Php 6.47B in substation improvements
National Grid Corporation of the Philippines (NGCP) remains committed to enhancing the performance of the power grid by investing Php 6.47 billion in substation upgrades to ensure grid resilience.
