Asia

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09 08 2021 | 15:53

Finance firms, ADB drafting plan to close Asian coal plants early

Financial firms including British insurer Prudential, lenders Citi and HSBC and BlackRock Real Assets are devising plans to speed the closure of Asia’s coal-fired power plants in order to lower the…

09 08 2021 | 15:15

Earlier Coal Shutdowns on the Agenda as Finance Giants Develop Buyout Plan

Some of the world’s biggest financial and investment firms are hatching a plan to speed up coal power plant closures in Asia, according to an exclusive report published yesterday by the Reuters news…

05 07 2021 | 10:41

Five Asian countries account for 80% of new coal power investment

China, India, Indonesia, Japan and Vietnam plan to build more than 600 coal power units Five Asian countries are jeopardising global climate ambitions by investing in 80% of the world’s planned new…

10 06 2021 | 15:24

Funds with $8.8 trillion in assets urge Asia utilities to cut emissions.

Global asset managers — including JP Morgan Asset Management Inc. and Fidelity International Ltd. — will urge five Asian power generators to curb greenhouse gas emissions in an initiative coordinated…

21 05 2021 | 18:56

Asia is home to 99 of world’s 100 most vulnerable cities.

Indonesia’s capital Jakarta – plagued by pollution, flooding and heatwaves – tops risk assessment ranking. Of the 100 cities worldwide most vulnerable to environmental hazards all but one are in…

22 03 2021 | 09:28

Singapore builds huge floating solar farm at sea in bid to tackle climate crisis.

Oceans are ‘new frontier’ in electricity production, says firm tasked with carrying out project. A growing push in Singapore to reduce the city-state’s greenhouse gas emissions and combat climate…

03 03 2021 | 11:20

Solar Philippines moves forward with massive PV development.

Solar Philippines submitted a project description for scoping to the Department of Environment and Natural Resources-Environmental Management Bureau (DENR-EMB) for its Batangas 3 Solar Baseload Plant…

20 01 2021 | 21:23

Largest floating solar project in Southeast Asia begins producing power in Vietnam.

Two floating solar projects forming a cluster that is claimed to be Southeast Asia’s largest floating install have started commercial operations in Vietnam. The Ho Tam Bo floating solar project and…

19 11 2020 | 10:00

Τyphoon VAMCO kills 67 in Philippines, forces 468,000 to evacuate in Vietnam.

An estimated 67 people are dead, floodwaters in some places have reached two stories high, millions were without power, and rescuers were scrambling to keep up after Typhoon Vamco became the third…

19 09 2020 | 10:41

Wood Mackenzie sees $1 trillion renewable energy investment opportunity in Asia to 2030.

Wind and solar PV could attract more investment than any other power generation source in the Asia Pacific region in the next decade as the two technologies become cost-competitive with coal by 2030…

15 09 2020 | 10:40

Pakistan’s new 27-year power plan risks locking in long-term overcapacity, leaving imported coal and LNG plants stranded

Wind and solar, the country’s cheapest source of new generation, also overlooked Pakistan risks locking itself into building more power capacity than it needs as a result of over-optimistic energy…

07 09 2020 | 22:14

Can COVID-19 give new wind to renewable energy?

Kicking the fossil-fuel ha­bit completely was hard for AC Energy, the energy arm of Philippine industry giant Ayala Corp., to do overnight even if it had been investing in renewable energy (RE) in…

07 09 2020 | 10:05

India urged to lead global push for clean energy, climate action.

India has a crucial role to play in promoting clean energy and climate action as the world looks to recover from the COVID-19 pandemic, UN Secretary-General António Guterres said on Friday. …

31 08 2020 | 08:34

Afghanistan flooding: Dozens dead, hundreds of homes destroyed.

At least 100 people killed and hundreds of homes destroyed as seasonal rains cause worst flooding in Parwan province. Heavy flooding in northern and eastern Afghanistan has killed at least 100…

19 08 2020 | 06:52

Oman’s largest solar power plant to start operation next year.

Muscat: Oman’s largest solar power plant that can power up to 33,000 homes and remove 340,000 tonnes of carbon dioxide emissions from the country’s footprint per annum is likely to be up and running…

10 08 2020 | 07:35

As the buying and selling of solar energy becomes reality, Singapore could gain further ground on solar target.

SINGAPORE: Imagine generating renewable energy via solar panels on your rooftop and being able to sell this energy to others. All this could soon be a reality and a step forward for Singapore as it…

10 08 2020 | 06:45

New research links Asia's air pollution with heavy economic impacts, thousands of premature deaths.

BANGKOK: For Bangkok’s “Spiderman Team”, dangling on ropes and rappelling down the city’s tallest buildings is just one of the risky parts of their job. High above the choked streets, on many days…

06 08 2020 | 10:45

Sowing doubt: people around world receive mystery seed parcels.

Packages marked as ‘earrings’ spark biosecurity concerns and global investigations into origins. There is not much that Jan Goward does not grow in her small Eastbourne garden. “I grow everything,”…

04 08 2020 | 06:36

Bangladesh taking second look at 28GW of planned coal-fired generating capacity.

Bangladesh’s minister of power, energy and mineral resources, Nasrul Hamid, surprised energy watchers recently when he said the country is planning to “review” all but three of 29 planned coal plants…

04 07 2020 | 10:18

Southeast Asian nations face a simple choice – lock in costly coal or invest in renewables.

Market design failures and poorly conceived incentives burden consumers with high power prices and unstable supply. Southeast Asia is young. Its median age is under 30, and its demand for energy has…