Asia – Pacific – Page 48 – The Leading Solar Magazine In India

27 GW of unnecessary planned coal power plants

Vietnam Spurns Coal as Southeast Asia Aims to Kick Dirty Habit – EQ Mag Pro

November 6, 2021 Anand Gupta

Vietnam made a surprise commitment at the COP26 climate summit to stop building new coal power plants, as Southeast Asian nations once seen as growth markets for the fuel start to turn their backs on it. Vietnam was a full signatory to a U.K.-backed pledge at the conference calling for countries to stop permitting and […]

Asia - Pacific

ADB, Indonesia, the Philippines Launch Partnership to Set Up Energy Transition Mechanism – EQ Mag Pro

November 5, 2021 Anand Gupta

GLASGOW, UNITED KINGDOM : Asian Development Bank (ADB) President Masatsugu Asakawa, Indonesian Finance Minister Sri Mulyani Indrawati, and Philippine Finance Secretary Carlos G. Dominguez announced today at COP26 the launch of a new partnership to establish an Energy Transition Mechanism (ETM) in Indonesia and the Philippines. The ETM Southeast Asia Partnership is the first of […]

Asia - Pacific

Japan Announces $25 Million for ADB-Led Energy Transition Mechanism in Southeast Asia – EQ Mag Pro

November 5, 2021 Anand Gupta

GLASGOW, UNITED KINGDOM : The Government of Japan today announced a grant of $25 million toward the Energy Transition Mechanism (ETM) partnership led by the Asian Development Bank (ADB). The announcement was made at the launch of the ETM Southeast Asia Partnership at COP26 in Glasgow by Vice-Minister for International Affairs at the Ministry of […]

Asia - Pacific

Nepal to sell surplus electricity in India’s energy exchange market – EQ Mag Pro

November 5, 2021 Anand Gupta

Nepal will sell its surplus electricity to India at a competitive rate after New Delhi allowed the neighbouring country to trade its power in the Indian power exchange market, according to media reports on Wednesday. Nepal became an energy surplus country ever since the 456MW Upper Tamakoshi Hydropower Project came into full operation in August […]

Asia - Pacific

Top Solar Firm Longi Says U.S Customs Detained Products – EQ Mag Pro

November 5, 2021 Anand Gupta

China’s Longi Green Energy Technology Co., the world’s largest solar-panel maker, is the latest in the industry to have shipments detained by U.S. customs as part of a crackdown by Washington over alleged human rights abuses in the Xinjiang region. Longi had 40.31 megawatts of modules detained from Oct. 28 through Nov. 3, representing 1.6% […]

Asia - Pacific

Chinese Fund Managers Rush to Launch Wind Power Funds Amid Green Fever – EQ Mag Pro

November 4, 2021 Anand Gupta

HANGHAI : Chinese fund managers are rushing to set up wind power funds, in the latest move to capitalize on investors’ green fever, as global climate talks in Glasgow rekindle interest in China’s carbon neutrality pledge. More than 10 fund managers have applied to set up China’s first batch of exchange-traded funds (ETF) tracking the […]

Asia - Pacific

ADB, Multilateral Banks Commit to Mainstreaming Nature at COP26 – EQ Mag Pro

November 3, 2021 Anand Gupta

GLASGOW, UNITED KINGDOM : The Asian Development Bank (ADB) and other leading multilateral development banks (MDBs) issued today a high-level joint statement affirming their commitment to mainstreaming nature into their policies, analysis, assessments, advice, investments, and operations. The statement, which was launched at COP26 in Glasgow, recognizes the critical role nature’s ecosystems and biodiversity play […]

Asia - Pacific

Capturing the wind: Renewable-energy opportunities in Vietnam

November 2, 2021 Anand Gupta

Vietnam’s commitment to increasing its energy capacity using renewable sources and favorable macroeconomic conditions may create valuable opportunities for wind investors and developers. In pursuit of Vietnam’s economic growth agenda and sustainability goals, the country’s authorities have been actively working to expand energy capacity, with a commitment to renewable sources where possible. This is no […]

Asia - Pacific

ADB Joins MDBs to Support Just Transition Toward Net-Zero Economies – EQ Mag Pro

November 1, 2021 Anand Gupta

MANILA, PHILIPPINES : The Asian Development Bank (ADB) today joined with other multilateral development banks (MDBs) in committing to a just transition that supports developing member countries (DMCs) to move toward net-zero emission economies. The MDBs released a joint statement outlining their commitment to five High-Level Principles for a just transition. The statement outlines how […]

IEX starts trade in Energy Saving Certificates

Asia - Pacific

Russia, ASEAN agree to boost energy security cooperation – EQ Mag Pro

October 30, 2021 Anand Gupta

Russia and ASEAN nations will also “explore further nuclear energy cooperation in the area of civilian nuclear energy” Russia and members of the Association of Southeast Asian Nations (ASEAN) plan to boost cooperation in the field of energy security, according to the 2021-2025 Comprehensive Plan of Action to Implement the Association of Southeast Asian Nations […]