News

In recent years, there has been a significant surge in demand for green loans in Vietnam. Many banks are not only allocating their capital for green and sustainable development projects but also seeking support from foreign Development Finance Institution

While world major economies and demands slow down, the declined copper price discourage the investment of mining, wind farms, solar arrays and electric vehicles.

Bangkok’s biggest shopping center, Megabangna has invested 1 billion baht embracing clean solar energy and expected to mitigate the emission of approximately 210,592 million tons of carbon dioxide. Thai businesses are accelerating in green transformation,

Malaysia’s Sarawak will soon commence formal talks with Indonesian government regarding the proposed undersea cables for transmitting electricity from Sarawak to Singapore. This project will run through Indonesian waters, as stated by Sarawak Premier Aban

Taiwan’s state-owned utility Taipower published on Nov. 7 the first batch of auction results for small amounts of green energy following the introduction of the bidding platform in late October, with 47 enterprises securing contracts.

Sinpapore’s Sembcorp Industries reveals its latest 5-year strategic plan on Monday. It will invest 10.5 billion SGD（7.8 billion USD）, about 75% of total investment, to support renewable energy.

EVN expects the cost of electricity production of 2023 is still higher than retail price by 9.3% although fuel prices lowered for the past few months.

Philippine Economic Zone Authority said on Nov. 3 that it has secured P20.6 billion (US$365 million) worth of investment leads and pledges from Taiwanese investors for developing green energy and sustainable enterprises.

South Korea’s SK Group will reinforce its partnership with the Vietnamese government to boost eco-friendly business in areas ranging from carbon capture to waste recycling, solar and wind power.

Indonesia slashes its 2030 target for carbon emissions from the power sector and boost its renewable energy generation share in a draft roadmap released on Nov. 1 for $20 billion in financing from rich nations to wean off coal.