ADB invests US$155 million in B. Grimm’s green bonds for Thai solar projects

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.

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Competition Commission approves Kepco stake in Solar Philippines unit

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.

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SolarHome raises US$10 million in debt financing for Myanmar expansion

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.

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Solar Philippines PV mini-grid franchise passes to final stage in Congress

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.

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TTC completes 49MW solar project in Krong Pa, Vietnam

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.

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Risen to supply 62MW of solar modules to Hoang Son in Vietnam

China-based solar firm Risen Energy is to supply 62MW of PV modules to Hoang Son for a project in Ninh Thuan Province, Vietnam

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Malaysia’s Petronas sets up unit to consider solar power

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.

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Philippines social housing and big industry would gain from net metering cap lift

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.

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Solar panels and batteries stolen from schools in Palawan, the Philippines

Solar modules and deep cycle batteries have been stolen from seven secondary public schools in two municipalities in southern Palawan, in the Philippines.

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Malaysia to announce 500MW LSS 3 solar tender in January

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.

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Reconstituted Philippines regulator promises ‘paradigm shift’ on power applications

The new chairperson of the Philippines Energy Regulatory Commission (ERC) has showed clear intention to solve the huge build-up of pending approvals of power projects, in what she dubbed as the ‘Zero Backlog Program’.

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