Environment
Chinese banks 'genuinely' trying to exit coal: Project Finance International
Chinese banks 'genuinely' trying to exit coal: Project Finance International
Banks are said to have introduced policies to immediately phase out coal power from their investments.
Philippines vows to cut greenhouse gas emissions by 75% by 2030
The country initially aimed to cut emissions by 70%.
Will cheaper wind energy lead the charge to energy decarbonization?
A new study predicts wind energy costs are set to drop by 49% over the next 30 years.
Singapore's DBS targets zero thermal exposure by 2039
DBS will cease onboarding new clients who derive more than 25% of their revenue from thermal coal.
China's carbon-free goal can back energy security, economic goals
The country has come up with a 'dual circulation' economic manifesto.
Singapore outlines power sector greening goals
Solar energy deployment is planned to be increased to at least 2 GWp.
PETRONAS, JERA to embark on low-carbon energy initiatives
These include LNG, ammonia, and hydrogen.
Microsoft invests in SEACEF to bolster renewable energy projects
The investment is made through the company’s Climate Innovation Fund.
Solar surge push out coal plants in Australia
Wholesale electricity prices are sinking lower than it costs to buy coal.
Coal should have no part in economies' post-COVID plans: UN chief
Antonio Guterres expressed concern that new coal plants are still being financed.
Asia lags in energy transition policy response: report
Governments have been prioritising immediate needs such as wage subsidies.
Fossil fuel lock-in worsens electricity prices for Southeast Asia
Power sector planners assumed that locking in coal would lead to a least-cost system.
Japan tightens state lending for overseas coal plants
It received criticisms in funding such plants in Indonesia and Vietnam.
Microgrids: Helping to Bring Reliable, Accessible and Clean Energy to Asia
Energy demand across Asia is surging and expected to grow by two-thirds by 2040, according to the International Renewable Energy Agency. At the same...
Long recovery ahead for India's power generation
The relaxation of lockdowns failed to drive power demand.
Transmission investment boosts New South Wales' green push
The call for projects for its renewable energy zones saw 113 registrations of interest.
Japan mulls suspending 100 ageing coal plants by 2030
These make up nearly 90% of the country’s power plants built before the mid-1990s.
Thought Leadership Centre
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1. India’s solar energy share rises to 28.4% of total power capacity in Q1 2. South Korea to boost nuclear generation to 29.8GW by 2035 3. CLP, CNOOC force Hong Kong's pivot to zero-carbon energy tech 4. China faces soaring electricity needs amidst data centre boom 5. China and India power Asia-Pacific’s growth in global solar expansionResource Center
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The firm achieved recognition for initiatives addressing critical water access in Bali, reforestation in West Java, and sustainable supply systems in East Java.
Commentary
Managing risk for Indonesia’s conventional power sector in a decarbonising economy