Author: Rashida

Being one of the vulnerable countries getting hit by the climate change induced calamities, Pakistan’s Caretaker Prime Minister Anwaar-ul-Haq Kakar stressed on the need to immediately operationalise the Loss and Damage Fund and its utilisation on merit. It may be noted that Pakistan is currently focusing on transformation from coal-based power plants to renewable energy projects to contribute towards minimising the climate change impacts. Considering this, he said, “This is the area which could attract the interest of countries here in Gulf Cooperation Council (GCC) countries, UAE, Saudi Arabia, Kuwait, and the settled economies and democracies on the Western side,…

Read More

In order to promote offshore wind power in Japan, International energy firms such as Germany’s RWE to Spain’s Iberdrola, are urging Japan to beef up offshore wind power auctions and make investments more attractive, amid soaring installation costs as competition for suppliers grows worldwide. As per reports, Japan is finding ways to ease its heavy dependence on energy imports from the Middle East and Russia and it is coming late to offshore wind. As per experts, it is taking a more cautious approach that puts it at a disadvantage. “It’s a global race and we can’t look at it in isolation,”…

Read More

Malaysia’s UEM Group Bhd’s Sustainability Sukuk Framework meets recognised green finance standards as per RAM Sustainability Sdn Bhd, after completion of its external review. RAM Sustainability is a wholly owned subsidiary of RAM Holdings Bhd, specialising in sustainability services and environmental, social and corporate governance (ESG) analytics. In a statement, it said, “The green initiatives to be financed under the framework for renewable energy (RE), energy efficiency, clean transportation and pollution prevention and control have the potential to contribute towards national decarbonisation targets as defined in the National Energy Transition Roadmap and the 12th Malaysia Plan.” “We have assigned the…

Read More

Renewable or clean energy accounts for more than 62% of the Cambodia’s total energy consumption. This was disclosed by Cambodia Minister of Mines and Energy Keo Rattanak recently at a forum. Speaking at a forum on “Mine and Energy Policy in Cambodia”, Rattanak said,” A number of countries have recognised Cambodia for its great achievements in shifting from reliance on fossil fuels to renewable energy.” Quoting an official, the local report said that the principle of the Association of Southeast Asian Nations (ASEAN) is that all member states should use 35% of energy from renewable sources by 2030. As per data,…

Read More

Singapore-based firm Sembcorp has ambitious plans to buy 428 MW wind projects in China and India. With this, its renewables capacity will rise to 12.6 gigawatts. Sembcorp Industries, through its subsidiaries, has signed separate deals to acquire a total of 428 megawatts (MW) of wind assets in China and India, estimated to be at $200m in total. In a statement, the firm said, “Sembcorp unit Sembcorp Energy (Shanghai) Holding entered an agreement with Envision Energy to fully acquire the share capital in Qinzhou Yuanneng Wind Power Co., which owns 200 MW wind projects in Guangxi, which is estimated to be…

Read More

China is working towards soaking up abundant energy from the sun and then beaming it back to Earth. To this end, Chinese scientists and engineers are currently focusing on technologies needed for building and running a space-based solar power facility.  Hou Xinbin, a Senior Researcher at the China Academy of Space Technology in Beijing and a member of the Committee of Space Solar Power of the Chinese Society of Astronautics said that this will allow the sun’s energy to be captured nonstop, something that isn’t possible from Earth. He further said that after collecting solar energy, the space facility will convert…

Read More

The ASEAN region has 30,523 GW solar potential and 1,383 GW projected wind capacity, as per the report released by think tank Ember, which is an energy think tank that aims to accelerate the clean energy transition with data and policy. “With only 27 gigawatts (GW) of solar power and 6.8 GW of wind installed capacity in 2022, the Association of Southeast Asian Nation member states still have over 99% of wind and solar power potential capacity that remains untapped,” said Ember. Ember said, “The region has around 30,523 GW of solar and 1,383 GW wind potential, citing estimates by…

Read More

Malaysia’s Tenaga Nasional Berhad and the State Government of Perak will partner to tap the potential of deploying floating solar systems close to the Sungai Perak Hydroelectric Scheme, Dam Reservoir. The company said in its statement that it will be working with Perbadanan Kemajuan Negeri Perak through its own subsidiary TNB Power Generation. Through its renewables arm, TNB will also work with the Perak government-linked firm Majuperak Holdings Berhad to develop a 100-megawatt ground-mounted solar project in the state. “These visionary endeavours are aligned with the NETR aimed at propelling Malaysia into a future marked by cleaner and more sustainable energy sources.…

Read More

Hong Kong based electricity company, CLP Power has assigned around US$25.7m (HK$200m) under the CLP Community Energy Saving Fund for 2024 to support programmes that will promote renewable energy development, energy saving, and carbon emissions reduction and help underprivileged communities. In its statement, CLP said, “Around US$6.4m (HK$50m) will be given to the CLP Electricity Subsidies for the Underprivileged Families Programme, providing around US$77 (HK$600) to 50,000 elderly people, low-income families and people with disabilities. It will also provide US$128.3 (HK$1,000) power subsidies to 20,000 subdivided unit tenants. CLP will raise the funding for Home Electrical Safety to (HK$9.5m) and…

Read More

A Japanese automaker has launched an electric van that uses rooftop solar panels to charge its battery. The van called as Puzzle van is built by HW Electro. It is designed to be disaster resilient, capable of functioning during periods of prolonged power outages. The commercial sales of the Puzzle are expected to begin in 2025. It is useful for daily use due to its small size and limited power output, thus making it suitable for everyday users as it can be used without ever needing to plug it in. Dwelling on its features, the firm said that the pint-sized…

Read More