Asia – Pacific – The Leading Solar Magazine In India

Coal loans battle Green tide

May 25, 2019 Anand Gupta

Infrastructure and logistics company Titan Infra Energy and coal-mining contractor Bukit Makmur Mandiri Utama (Buma) have struggled to syndicate recent loans despite juicy pricing and rarity value HONG KONG: Indonesian coal miners are finding it more difficult to attract lenders as prices fall and banks cut their exposure to carbon-producing industries. Infrastructure and logistics company […]

Asia - Pacific

China to end subsidies for onshore wind power by 2021

May 25, 2019 Anand Gupta

SHANGHAI: China will end subsidies for new onshore wind power projects at the start of 2021, with renewable projects set to compete on an equal footing with coal- and gas-fired electricity, the country’s state planning agency said on Friday. The move is a milestone for the renewable energy sector, which has traditionally relied on subsidies […]

Asia - Pacific

In Vietnam’s booming energy sector coal reigns, but renewables play catch-up

May 25, 2019 Anand Gupta

HANOI/SINGAPORE: Vietnam has become a hot spot for energy investors eying a spend of up to $150 billion over the coming decade to meet surging power demand, with coal set to dominate despite signs of a government effort to go green. With a population nudging 100 million and annual GDP growth around 7%, Vietnam has […]

Asia - Pacific

Scatec Solar signs strategic collaboration agreement for 485 MW in Vietnam

May 24, 2019 Anand Gupta

Oslo: Scatec Solar has signed a strategic collaboration agreement with Vietnamese partner MT Energy (MTE) for 485 MW of solar PV Scatec Solar has partnered with MT Energy, a Vietnamese energy company, to develop, finance, construct and operate large-scale solar projects in Vietnam. The strategic collaboration agreement covers three projects located in Binh Phuoc, Quang Tri, […]

Asia - Pacific

Kimberly-Clark switches on one of Singapore’s largest solar roofs at Tuas

May 24, 2019 Anand Gupta

SINGAPORE: Kimberly-Clark today switched on one of Singapore’s largest solar energy installations at its manufacturing facility in Tuas, which produces Huggies diapers and Huggies baby wipes. The 7,730 photovoltaic panels mounted on its roof will generate 3.5 Gigawatt hours of clean energy, enough to power up a thousand 3-bedroom HDB flats for a year. Kimberly-Clark switched on […]

Asia - Pacific

ADB to Help Build 100-MW Solar Park in Cambodia

May 24, 2019 Anand Gupta

PHNOM PENH, CAMBODIA: The Asian Development Bank (ADB) has approved a $7.64 million loan to support the construction of a 100-megawatt (MW) solar power park in Cambodia, which will help the country develop renewable energy resources, diversify its energy mix, and improve the competitiveness of its economy. In addition to ADB’s loan, the financing package […]

Asia - Pacific

Japan Aims to Host First Renewables-Powered Olympics

May 22, 2019 Anand Gupta

Japan is aiming to host the first Olympic Games powered solely by renewable sources. If successful, this could help the country carve a new niche in the global order as a champion of climate action and environmental protection – and set off a clean energy race in the process. As well as committing to 100% […]

Asia - Pacific

Canberra will be first Australian city to run on 100% on renewable energy from October 1

May 18, 2019 Anand Gupta

ABC Net reported that Canberra will be effectively powered by renewable energy from October 1 — the first Australian jurisdiction to do so, according to the ACT’s Climate Change Minister. October marks the date when the third stage of South Australia’s Hornsdale wind farm comes online, from which the ACT has purchased the last trickle […]

Asia - Pacific

JinkoSolar helps deliver low-carbon Winter Olympics in China in 2022

May 17, 2019 Anand Gupta

JinkoSolar was chosen to provide 20MW solar panels for a state-level demonstration project integrating solar plus wind and storage in Zhaangjiakou, where its renewable energy roadmap will support the ambition to deliver a low-carbon Winter Olympics in 2022. This project will support the establishment of a ‘low-carbon Olympic zone’ in Zhangjiakou, with plans for both the Olympic […]

Asia - Pacific

Republic of Korea Pledges $355 Million to Support ASEAN Green Infrastructure and Ocean Health

May 4, 2019 Anand Gupta

NADI, FIJI: Asian Development Bank (ADB) President Mr. Takehiko Nakao and the Republic of Korea Deputy Prime Minister Mr. Nam-ki Hong today signed a Declaration of Intent to support green infrastructure in Southeast Asia. The Republic of Korea pledged $350 million for cofinancing and $5 million grant for technical assistance towards the Association of Southeast […]