China water treatment and recycling company United Envirotech has received another USD40 million in investment from KKR. The US private equity giant agreed to buy shares in the Singapore-listed firm at an 8.5 percent premium, giving it 20.6 percent of the company.
The Vietnam branch of South Korean power equipment maker Doosan Heavy Industries & Construction is about to ship a three-storey, soccer field-sized desalination plant to Saudi Arabia.
Maersk Line, the world’s biggest container-shipping company, has fired a warning shot across the bows of the Hong Kong Government, threatening to stop using cleaner fuel at port in Hong Kong next year if there is no regulation in place mandating that all shipping lines do the same.
The Danish shipping line has been a prominent supporter of the Fair Winds Charter, a voluntary scheme by the Hong Kong shipping industry to use fuel of 0.5 percent sulphur content or less “to the maximum extent possible” while at berth in Hong Kong from 1 January 2011 to 31 December 2012.
China accounted for 81 percent of 2012 global sales of e-scooters and e-motorcycles, making it the one exception in a slow, but steadily growing, global market for the machines, according to Pike Research.
In spite of continued disappointing sales of electric vehicles, China's Ministry of Science and Technology expects to have 39,700 energy-efficient and new-energy vehicles by the end of March 2013 with the vast majority used by the public service.
BYD, the Chinese carmaker backed by billionaire investor Warren Buffett, has announced new opportunities to sell in Europe and the winning of a solar power micro-grid project.
The Vietnam government has earmarked VND379 billion (USD18 million) for two programs this year to improve environment quality and the country's ability to cope with climate change.
As the incidence of respiratory disease increases in the Philippines due to pollution, the head of an environmental group has advocated issuing gas masks free to students. Joey Papa, president of Bangon Kalikasan Movement, said employers should also provide them to their workers in urban areas.
Indonesian President Susilo Bambang Yudhoyono has called for the development of electric-powered public transport to improve the nation`s transportation system, according to Research and Technology Minister Gusti Muhammad Hatta.
From January 1, 2013 real-time air quality monitoring data has become available in 74 large cities in China according to the Ministry of Environmental Protection.
CLP Power Hong Kong is extending free charging for electric vehicles (EVs) at all of its charging stations until the end of 2013 to encourage more commuters to switch to low-carbon driving.
Following the lead of its northern masters, Hong Kong has announced a plan to remove high-polluting vehicles and to replace its massive fleet of diesel-powered buses and trucks.
According to undersecretary for environment, Christine Loh, the government will begin a “carrot and stick” approach starting in the New Year to begin tackling a problem which has been bandied about with no real consequence for over 15 years.
The Vietnamese Government and the United Nations have signed a Memorandum of Agreement (MoA) on building an eco-friendly regional facility for the international organization in the country.
Beijing’s moves to rid its streets of emission-spewing clunkers is gaining steam. The city government, having already cleared over half a million aging vehicles, this week announced more incentives to encourage owners to trade up.
Officially acknowledging what many pundits have been saying for months, a new government report says that China's new energy vehicle market is falling well short of government expectations.
The Bangkok authorities are setting up a thermal incinerator to convert rubbish into electricity. The plant at the Nong Khaem Waste Management Centre will generate 5-MW of power which will be sold to the Metropolitan Electricity Authority.
The Indian government has informed the Lok Sabha, the country’s lower house of parliament, that the Environment Pollution (Prevention and Control) Authority (EPCA) has called for a ban on all diesel cars in Delhi to prevent emission of high smoke particles.
This report by the World Bank spells out what the world would be like if it warmed by 4 degrees Celsius, which is what scientists are nearly unanimously predicting by the end of the century, without serious policy changes.
Companies in Asia reveal expectations that regulations that could lead to rising costs for reporting and reducing GHG emissions will also be the main sources of climate-related business opportunities.
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