Indonesia Enters into Agreements to Speed Up the Shift to Renewable Energy Sources
On November 15th 2022, Indonesia signed a USD 20 billion agreement with international financial institutions and major nations to assist the country in increasing its utilization of clean energy and decreasing its dependency on coal. The agreements were a significant...
Vietnam to Open Bilateral Power Purchase Agreements for Renewable Energy
Since 2020, the Vietnamese government has been working on a plan to permit bilateral power purchase agreements (PPAs). A pilot scheme for renewable energy is expected to start in the first quarter of 2023. Vietnam’s Ministry of Industry and Trade (MoIT) hopes...
Norwegian Company Expand to the Philippines´ Renewable Energy Sector
Scatec ASA, a leading renewable energy producer based in Norway, recently announced that it will be injecting billions of dollars of investments with a plan to build five wind energy projects in the Philippines. Furthermore, Scatec plans to invest a total of USD 946...