The Asian Development Bank (ADB) will invest THB5 billion (US$155 million) in Thai firm B.Grimm Power's maiden 5-year and 7-year green bonds – the first certified climate bonds to be issued in Thailand – in order to finance renewable energy projects in the Southeast Asian country.
House Bill 8197 granting private firm Solar Philippines a 25-year PV mini-grid and transmission franchise across the Philippines passed through its third and final reading on Monday.
The Philippines Competition Commission (PCC) has cleared Kepco Philippines Holdings to acquire a 38% share in Solar Philippines Calatagan Corporation (SPCC), a unit of Solar Philippines.
Myanmar-based off-grid PV company SolarHome has raised US$10 million in debt funding from a group of international investors, including Crowdcredit from Japan and Trine from Sweden, in order to expand across Myanmar.
UPDATED: A controversial House Bill granting private Filipino firm Solar Philippines a PV mini-grid and transmission franchise across the Philippines has all but passed through Congress, with only a procedural third step left to confirm the final draft of the Bill.
The Filipino Department of Energy (DOE) has signed a memorandum of understanding (MOU) with the Provincial Government of Palawan (PGP) to develop a new renewable energy scheme.
Vietnamese conglomerate TTC Group and Gia Lai Electricity JSC (GEC), a member of the TTC, have launched a 49MW solar PV project in Krong Pa District in Gia Lai Province, Vietnam, which is the company's second plant, and the largest in the country.
Malaysian state-owned oil and gas giant Petronas has become the latest fossil fuel major to show intentions to move into the renewable energy space, with a focus on solar power.
