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Based in Hong Kong, the newly created role will support the bank’s clients with their transition to cleaner energy. Citi has appointed William Pang as head of natural resources and clean energy transition (NRCET) investment banking Asia, effective…
Hanwha Group has been striving to make the solar business its future growth engine since it first entered the industry in 2010, and that hard work is starting to pay off. Hanwha Q Cells, the group’s solar cell producer, is now one of the largest manufacturers…
Work has begun on a $52 million solar power plant in the south central province of Ninh Thuan. Project representatives said that of the total investment of VND1.2 trillion ($52.2 million), VND900 billion ($39.1 million) will go towards equipment costs; and…
Apple said on Tuesday it would make fresh investments to set up solar and wind projects in Europe and called on its suppliers to decarbonize operations related to the production of iPhones and other products. The company in 2020 had pledged to remove carbon…
Hyundai Motor Executive Vice Chairman Chung Eui-sun laid out a plan to develop 44 electric vehicle models (EVs) and sell 1.67 million of the cars by 2025 during his New Year’s message held at the beginning of this year. The goal was a dramatic increase on the…
Member states of the Association of Southeast Asian Nations are on a path to transform their power landscapes as energy demand continues to rise to match the region’s economic growth potential, a power management company said this week. “In the pursuit of a…
The investment rush in solar energy could end up testing Vietnam’s weak power infrastructure, experts say. They say that both transmission capacity and the ability of grids to absorb the energy produced by new projects are suspect, as of now. The 9.35 U.S.…
Vietnam’s new feed-in tariffs are attracting great interest in wind power, but investors are concerned about grid connection and purchase agreements. The new feed-in tariffs (FIT) are expected to be attractive to domestic and foreign investors, Tommaso…
The National Automotive Policy (NAP) 2019 will be unveiled in the first quarter of next year, and will place emphasis on electric vehicles and new technologies, according to Deputy International Trade and Industry Minister Dr Ong Kian Ming. “The main focus…
The government’s plan to build a renewable energy complex at Saemangeum, North Jeolla, is generating controversy as it deviates from plans to develop the reclaimed tidal flat into a regional economic hub and is being pursued without public approval. The…
Biodegradable packaging market witnessed moderate growth during 2013 to 2027, and the status quo is envisaged to prevail over the period of forecast 2018 to 2028, according to new Fact.MR study. Volume sales of biodegradable packaging are foreseen to record a…
The government is working towards implementing a pollution charge for single-use plastics which will be imposed on fixed premises at a rate of 20 sen or higher, to be determined by state governments through local councils. They include premises such as…
Vietnam’s renewable energy sector is experiencing an unprecedented surge in project activities and policy changes, making end results unpredictable. The surge in activity includes project approvals as well as project transfers to technically experienced and…
As President Joko “Jokowi” Widodo inaugurated Indonesia’s first wind power plant in Sidenreng Rappang, South Sulawesi, on Monday (02/07), the government is getting closer to its ambitious target of obtaining more than a fifth of the country’s energy from…
Vietnamese construction firm Xuan Cau and Thailand conglomerate B.Grimm have teamed up to build Southeast Asia’s largest solar power plant in Tay Ninh Province. The signing of the joint venture agreement in Bangkok was witnessed by the prime ministers of both…
A tax will never be welcome, but it can be timely. The carbon tax that Singapore will levy on large polluters from next year is one such example. The tax – details of which were announced yesterday by Finance Minister Heng Swee Keat – comes against a backdrop…
