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Asia and the Pacific needs grid upgrade to drive energy transition, says ADB reportInadequate investment in power grids is holding back developing countries in Asia and the Pacific from embracing the full benefits of an energy transition, including enhanced energy security, the creation of millions of green jobs, and the expansion of electricity access, the Asian Development Bank (ADB) said in its new report. ADB said in a statement on Monday that the bank calls for the...
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Asia Pacific scales up energy transition to meet surging demand, ABB research showsAsia Pacific (APAC) firms are scaling up energy transition to meet surging demand, according to industry research conducted by ABB’s Energy Industries division. ABB said in a research on Wednesday that nearly two-thirds (65 percent) of energy leaders in Asia Pacific (APAC) believe progress in the energy transition in the region is developing at sufficient speed. The Asia Pacific Energy...0 Kommentare 0 Geteilt 636 Ansichten 0 Bewertungen
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BDx Data Centers, HEXA Renewables sign strategic 50 MW deal to power SEA’s AI boom with green energyBDx Data Centers (BDx), a data center operator in Asia, Tuesday announced a strategic partnership with HEXA Renewables, a regional renewable energy firm, to create an innovative cross-border model that adds new clean energy capacity to the region, specifically the Singapore-Malaysia energy grid. BDx said in a statement that the collaboration directly addresses challenges around sourcing...0 Kommentare 0 Geteilt 2KB Ansichten 0 Bewertungen
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Clime Capital invests in smart energy management solution provider AmpotechClime Capital, the Singapore-based fund manager focused on accelerating the low carbon transition, has on Tuesday announced an investment in Ampotech, a Singapore-based energy management solution provider with operations in Vietnam. This investment, facilitated through the Southeast Asia Clean Energy Fund II (SEACEF II), will support Ampotech’s regional Southeast Asia expansion with an...0 Kommentare 0 Geteilt 11KB Ansichten 0 Bewertungen
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Clime Capital’s second SEA clean energy fund achieves maximum capitalization with $175M committedClime Capital, the Singapore-based fund manager, has announced that the South East Asia Clean Energy Fund ll (SEACEF ll) has achieved maximum capitalization with $175 million committed. SEACEF ll, the first blended investment fund established in Southeast Asia to provide early-stage high-risk capital to support promising businesses accelerating the region’s low-carbon transition, now...0 Kommentare 0 Geteilt 10KB Ansichten 0 Bewertungen
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Gentari breaks ground on Maryvale solar and energy storage projectMalaysia’s clean energy solutions provider Gentari has on last Wednesday marked the groundbreaking of the Maryvale solar and energy storage project, a key milestone in delivering reliable, low-carbon energy for New South Wales (NSW). The firm said in a statement that the project Maryvale is a next-generation hybrid renewable energy facility that integrates a 243 MWp solar installation...0 Kommentare 0 Geteilt 2KB Ansichten 0 Bewertungen
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Gentari inks deal to power TM’s key operations with solar energyMalaysian clean energy solutions provider Gentari, through its wholly-owned subsidiary Gentari Renewables Sdn Bhd, has signed landmark Solar Power Purchase Agreements (PPA) with telecommunications company Telekom Malaysia (TM) to power six key TM facilities with solar energy. Gentari said in a statement on last Thursday that these PPAs are part of an ongoing collaboration between TM and...0 Kommentare 0 Geteilt 7KB Ansichten 0 Bewertungen
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IFC invests $92M in Thailand’s Winchai to boost renewable energy access in SEATo address Southeast Asia’s growing energy demand and support local economies, the International Finance Corporation (IFC), a member of the World Bank Group, is providing a loan package of up to THB3,140 million (approximately $92 million) to Winchai Company Limited – a wholly-owned subsidiary of Sermsang Power Corporation Public Company Limited (SSP). IFC said in a statement on...0 Kommentare 0 Geteilt 7KB Ansichten 0 Bewertungen
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Maharlika, CP Group to launch $1B private equity fund for agri-food, digital, and green energy in the PhilippinesThe Philippines’ sovereign wealth fund Maharlika Investment Corporation (MIC) and Thai conglomerate Charoen Pokphand Group Co., Ltd. (CP Group) are launching $1 billion private equity fund for agri-food, digital, and green energy in the Philippines. MIC said in a statement on last Saturday that the duo have formalized their strategic partnership at Malacañang Palace, inking a...0 Kommentare 0 Geteilt 10KB Ansichten 0 Bewertungen
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Maybank sees government’s execution as key for Philippines’ renewable energy sectorMaybank Investment Bank has maintained a neutral stance on the renewable energy (RE) sector in the Philippines despite the positive government support as execution has lagged and RE players are navigating near-term headwinds with execution hurdles. The research house said in a note on last Friday that despite supportive policies in the country, RE capacity additions only began to outpace...0 Kommentare 0 Geteilt 821 Ansichten 0 Bewertungen
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MDV targets $71.06M in energy transition financing by year endMalaysia Debt Ventures Berhad (MDV), a subsidiary of the Minister of Finance and an agency under the purview of the Ministry of Science, Technology and Innovation (MOSTI) of Malaysia, is targeting total approvals of MYR 300 million ($71.06 million) in financing for energy transition projects under the National Energy Transition Facility (NETF) by the end of 2025. The firm said in a statement...0 Kommentare 0 Geteilt 1KB Ansichten 0 Bewertungen
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