One hour west of Cambodia’s capital an array of iridescent panels stretches between palm trees, glistening through dust clouds from a neighbouring highway. A year ago it was a barren expanse of chalky soil. Now it’s Cambodia’s largest solar farm. The joint Cambodian-Chinese project, which came online in August, is only Cambodia’s second utility-scale solar project. But the government has approved more than ...

Southeast Asia’s growth in electricity demand is among the fastest in the worldRenewable energy only meets around 15% of demandHigher temperatures are leading to an increased use of air-conditioningPeak demand for cooling systems could strain power systems The energy market in Southeast Asia is growing rapidly. Overall demand has increased by 80% since 2000, with millions of new customers gaining acces ...

Yunnan Energy, a Chinese government-owned entity, has signed an agreement with New York-headquartered FinTech firm Ideanomics to accelerate the adoption of electric vehicles and smart grid infrastructure in Yunnan province and in Southeast Asia. Ideanomics and Yunnan Energy will establish the New Energy Industry Fund to promote investment into the construction and management of power grid infrastructure in ...

Malaysia's state-controlled electric utility, Tenaga Nasional said Wednesday its third quarter net profit more than doubled from a year earlier thanks to a sharp fall in fuel cost and increase in other operating income. Net profit for the three months ended Sep. 30 totaled 1.2 billion ringgit ($286.9 million) compared with 501 million ringgit over the same quarter last year, Tenaga said in an exchange filin ...

AYALA-LED AC Energy, Inc. has valued its senior perpetual fixed-for-life green bond issuance at $400 million with a fixed coupon of 5.65% with no step-up and no reset, its listed unit said on Wednesday. “This represents the first US dollar denominated fixed-for-life green bond ever issued globally,” AC Energy Philippines, Inc. told the stock exchange. It said the bonds will be issued by AC Energy Finance In ...

Philippine senators have called for an investigation into the security implications of China’s part ownership of the national energy grid after officials said engineers in Beijing could plunge the entire country into darkness with the flick of a switch. National Transmission Corporation (TransCo) president Melvin Matibag confirmed there was a “possibility” of such a scenario during deliberations in the Sena ...

Energy transition and decarbonisation are becoming increasingly critical to addressing the ever-growing concerns of climate change. In spearheading decarbonisation efforts, we must pay special attention to the development of hydrogen.  Hydrogen is more than just another option that we can add to the long list of clean technology as it can provide an energy supply which is uniquely flexible. This added ...

The October announcement by Singapore’s Infrastructure Asia, and the Asian Development Bank (ADB), to develop bankable green infrastructure projects across Southeast Asia is a positive move. We now need industry players to step up to ensure the demand for infrastructure investment is realised. The case for sustainable development across Southeast Asia is irrefutable given the region is increasingly and disp ...

 In September, while speaking at the United Nations Climate Action Summit in New York, Prime Minister Narendra Modi committed to setting up 450 gigawatts (GW) of non-fossil fuel power by 2022. With this, he more than doubled the initial target of 175GW of green energy that his own government had set in 2018. “We must accept that if we have to overcome a serious challenge like climate change, then what we ar ...

 Mitsubishi Corporation (MC) and Chubu Electric Power Co., Inc. (Chubu) have been selected as the preferred buyers in a bid for the Dutch Energy Company "Eneco"(1). Through their joint establishment of a special purpose company in the Netherlands called Diamond Chubu Europe B.V., MC and Chubu expect to acquire up to 100% of Eneco's shares at a value of 4.1 billion euros. Active mainly in the Netherland ...