Malakoff and Masdar to develop 1,000 MW solar PV capacity in Malaysia
Malakoff Corporation Bhd has signed a heads of agreement (HoA) with Abu Dhabi-based Masdar to...
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Month: December 2023
ADB approves USD200 million loan for climate resilient infrastructure in the Philippines
The Asian Development Bank (ADB) has approved a USD200 million loan to the Government of the Philippines to support climate-resilient infrastructure projects in the country. Proceeds from the loan will be used to fund...
Read MoreUSAID and ERC to regulate clean energy shift in the Philippines
The US Agency for International Development (USAID) has partnered with the Energy Regulatory Commission (ERC) to create regulations for a shift towards clean energy in the Philippines. The initiatives included in the Energy...
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Plans announced for a USD1.43 billion road tunnel project in Malaysia
Plans have been announced to develop a road tunnel project at an investment of USD1.43 billion in...
Read MoreGurīn Energy to develop USD60 million solar farm in the Philippines
Singapore-based Gurīn Energy will develop its 75 MW solar farm in Palauig, Philippines at an investment of USD60 million. The farm will span 80 hectares in area and will integrate 136,363 ground-mounted and solar photovoltaic...
Read MoreLONGi launches new solar module plant in Malaysia
LONGi Green Energy Technology Company Limited (LONGi) has launched the first phase of its Serendah Module plant in Malaysia. The plant is located in Serendah, Selangor, on Malaysia’s west coast, this facility is an integral part...
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Funding agreement signed to procure 1,200 e-buses in Thailand
The Energy Absolute Public Company Limited (EA) has signed a THB3.9 billion funding agreement with...
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Gamuda secures design and construction contract for CRL2 in Singapore
Gamuda Bhd Singapore (GBSG) has secured a USD509.568 million design and construction contract from...
Read MorePlans announced to develop a USD1 billion green hydrogen facility in Indonesia
Saudi Arabia-based ACWA Power has partnered with PT Perusahaan Listrik Negara (PLN) and PT Pupuk Indonesia to develop the largest green hydrogen facility in Indonesia called the Garuda Hidrogen Hijau (GH2) Project. The USD1...
Read MoreMoU signed for green infrastructure advancement in Indonesia
UAE-based Elsewedy Electric has signed a memorandum of understanding (MoU) with PT PLN (Persero) to enhance green, renewable, and smart infrastructure in Indonesia. The partnership will increase the country’s share of...
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NEDA to complete the Thailand-Laos Bridge by 2029
The Neighboring Countries Economic Development Cooperation Agency (NEDA) plans to complete the...
Read MoreTelecom firms acquire majority share in DNB
Five mobile operators, namely CelcomDigi, Maxis, U Mobile, Telekom Malaysia and YTL Power International have signed share subscription agreements to acquire a collective 70 per cent equity stake in Digital Nasional Berhad (DNB)...
Read MorePertamina and Karpowership to develop RE infrastructure in Indonesia
PT Pertamina International Shipping (PIS), a subsidiary of PT Pertamina (Persero), has signed a general partnership agreement (GPA) with Turkey-based Karpowership to develop renewable energy (RE) infrastructure in Indonesia. As...
Read MoreLANDBANK okays PHP20 billion loan to ACEN for expanding RE portfolio
The Land Bank of the Philippines (LANDBANK) has approved a PHP20 billion loan for ACEN Corporation, a subsidiary of the Ayala Group, to diversify the capacity for renewable energy (RE) sources in the Philippines. The loan is in...
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DOTr seeks alternative funding for rail projects in the Philippines
The Department of Transportation (DOTr) is seeking for new funding sources for key rail projects...
Read MoreADB announces USD10 billion climate finance for the Philippines
The Asian Development Bank (ADB) has announced USD10 billion in climate financing for the Philippines between 2024 and 2029. The funds will help the Philippine government to implement its commitments to climate action under the...
Read MorePark-and-ride services a priority for the RTS Link in Malaysia
The Transport Ministry of Malaysia has announced plans to make park-and-ride services a priority to complement the Rapid Transit System (RTS) Link, which will commence operations in 2027. Complementary public transport...
Read MoreCAF to deliver rolling stock for the NSCR Project
Mitsubishi Corporation has outsourced the design and supply contract of seven Electric Multiple Units (EMUs) to CAF as part of its contract with the Philippines’ Department of Transportation (DOTr). As per the contract, CAF will...
Read MoreEVNNPT seeks financing for 13 transmission projects in Vietnam
The National Power Transmission Corporation (EVNNPT), has issued a notice inviting banks and credit institutions to participate in financing 13 power transmission projects through competitive offers in Vietnam. The projects...
Read MoreAFRY to study the scope of five large-scale solar projects in Indonesia
PT PLN Indonesia Power has awarded a contract to Sweden-based AFRY to conduct environmental and social impact assessments (ESIAs) for a portfolio of five large-scale solar projects, with a combined capacity of 500 MW, in...
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