The Asian Development Bank (ADB) has raised US$1.25 billion to help finance climate change mitigation and adaptation projects by issuing dual-tranche five-year (US$750 million) and 10-year green bonds (US$500 million).
Singapore ended Q1 2017 with 129.8MW of installed solar PV, four times more than the 33.1MW it had at the end of 2014, according to the annual energy report from Singapore’s Energy Market Authority (EMA).
The Asian Development Bank (ADB) has invested THB1,968 million (US$57.7 million) in Thai power firm B. Grimm Power Public Company (B. Grimm) to develop renewable energy projects in Southeast Asia.
Ho Chi Minh City-based conglomerate TTC Group plans to spend up to US$1 billion on 10 to 20 solar parks with a combined capacity of around 1GW, according to Bloomberg.
The Department of Energy (DoE) of the Philippines has progressed solar projects with a combined total of 162MW of capacity, along with a 30MW battery energy storage project to grid impact testing (GIS) stages, according to consulting firm Enerdata.
Vietnam has confirmed a long-awaited feed-in tariff (FiT) scheme for utility-scale solar projects along with a net metering scheme for rooftop PV systems.
French energy group ENGIE has signed a partnership agreement with Sime Darby, a Malaysian multinational for the co-development of solar and integrated facilities management services.
