Renewable energy

ESG INSIGHTS

Issue 175: Sembcorp courts still-brown Alinta; Asia can’t let coal go

This week in ESG: Sembcorp to buy Australian utility A$6.5 billion; coal phase-out fizzling out in Asia

An expanded Brookfield team in Singapore will also examine opportunities related to biofuels, sustainable aviation fuel and carbon capture.

Brookfield plans Singapore hires to tap Asia energy demand boom

The firm aims to bring in up to four people to focus on renewable-energy and low-carbon tech deals

“We’re always looking at the opportunities to grow in Singapore", said Microsoft's vice president for energy Bobby Hollis

Microsoft ‘aggressively’ looking at South-east Asian clean energy projects amid data centre boom

The tech giant will also ‘take a very close look’ at Singapore’s latest call to build new data centres

Countries such as Vietnam (above: Hanoi) and the Philippines are experiencing a rise in large-scale infrastructure projects.

Why South-east Asia is a prime destination for energy and infrastructure investments

Region’s rising energy demand and infrastructure developments create a compelling intersection among need, opportunity and innovation

Among the investments is the acquisition of clean-energy developer Alba Renewables. Brookfield says this provides an opportunity to scale and accelerate the growth of the decarbonisation platform it is building.

Brookfield builds decarbonisation platform in South-east Asia

This marks its first renewables investments in the Philippines, Vietnam and Thailand

From left: Johor state secretary Asman Shah Abd Rahman; Ditrolic Energy CEO Tham Chee Aun; IFC regional upstream manager (Asia) Victoria Delmon; PDT president and CEO Ramlee Rahman; Johor Chief Minister Onn Hafiz Ghazi; and Johor Sustainability Centre chairman Hasni Mohammad. They were at the signing of the collaboration agreement for the renewable energy corridor on Nov 24.

Johor, Ditrolic Energy partner World Bank’s IFC to develop US$6 billion solar-and-storage hub to power JS-SEZ

The project is expected to generate 125,000 jobs and enable renewable-energy transmission to Singapore

China manufactures about 80% of the world’s solar panels.

Clean-energy dominance places China on stronger footing than the US in the AI race: HSBC executive

The country is on track to once again break its own record in installing renewable power this year

In China, a push to implement market-based pricing for renewables will give a further boost to energy storage projects.

Data centres to drive energy storage ‘boom cycle’ in next five years, UBS says

The US market is key for Chinese energy storage manufacturers, which have a 20% market share in the US

More Vietnamese conglomerates are likely to seek new business undertakings in infrastructure such as transport projects, amid a government push to upgrade.

Philippine, Vietnam conglomerates to invest US$185 billion in fresh ventures over next decade

Strategic national goals in renewable energy and infrastructure will underpin new business areas: S&P Global Ratings

Solar panels on the roof of a railway station in Hangzhou, Zhejiang province. By the end of last year, China had installed 887 gigawatts of solar-power capacity – close to double Europe’s and America’s combined total.
PERSPECTIVE

China’s clean-energy revolution will reshape markets and politics

The world’s biggest manufacturer now has an interest in the world decarbonising