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.
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.
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.
A bill that is currently passing through the Philippines Senate would allow commercial and industrial (C&I) entities to optimise the use of their rooftops with solar power, while also helping reduce costs for housing initiatives for the underprivileged, according to the head of a Filipino trade association.
Solar modules and deep cycle batteries have been stolen from seven secondary public schools in two municipalities in southern Palawan, in the Philippines.
The third round of Malaysia's Large-Scale Solar (LSS) tenders will be for another 500MW of capacity and details will be annonuced in January, according to energy minister Yeo Bee Yin.
