The Chinese government's efforts to save energy and reduce harmful emissions have spread from schools, enterprises and government departments and are now being applied to the country’s proliferating military.
Global renewable energy deals climbed 40 percent to a record high of USD53.5 billion last year from USD38.2 billion in 2010, as solar, wind and energy efficiency overtook hydropower as the main deal drivers for the first time, a report said on Monday, writes Reuters.
Vietnam has adopted investment policies that will encourage businesses to use green technology for generating energy and manufacturing non-toxic products according to the VNEconomyNews.com.
Only a miniscule part of this year's loan portfolio of Malaysia's Export-Import Bank will be approved for clean tech projects. While it has agreed to lend MYR1.5 million (USD480k) to solar manufacturer SolarTIF Sdn Bhd under its supplier credit facility for producing poly-crystalline photovoltaic modules, other numbers are a lot lower.
Malaysia’s political opposition has vowed to scrap a controversial USD200 million rare-earths processing plant being built by Australia’s Lynas Corp if it wins national elections expected to be called within months, Reuters reported yesterday.
China's largest electric vehicle (EV) charging and battery swapping station has been put into operation in Beijing, sources with the city's power supply authorities said yesterday.
India's Magnetar Venture Pvt Ltd plans to launch a USD100 million fund focused on clean technologies by March to funnel growth capital into budding enterprises, a senior official at the venture fund told Reuters.
At an address to the 5th World Future Energy Summit in Abu Dhab yesterday, Chinese Premier Wen Jiabao and reaffirmed in no uncertain terms China's stand on clean and renewable energy.
China will open more sectors to foreign investors, encouraging investment in strategic emerging industries, such as energy and other environment-related sectors the central government said Thursday.
Businesses must save energy, protect the ecosystem and take steps to deal with climate change while maintaining development, experts told attendees at a forum held this week in Vietnam’s Ho Chi Minh City.
Discussions centred on the participation of corporations in communication activities to raise awareness of green energy. Other topics included support of local communities affected by climate change in the Cuu Long (Mekong) Delta and building of long-term operational mechanisms to respond to climate change in the Cuu Long (Mekong) Delta.
A former Panasonic manufacturing site 50 kilometres west of Tokyo is being used to develop Japan's first sustainable town, according to a Fairfax report.
China's energy consumption per GDP is 2.2 times the world average, said Zhang Ping, director of the National Development and Reform Commission, the Legal Evening News reported.
Reuters reported today that the Chinese government has called on the country’s biggest energy users to save 250 million tonnes of standard coal in the five years ending 2015.
The Philippine Department of Energy (DOE) expects the establishment of the first renewable energy (RE) market by next year, said Energy Undersecretary Josefina Patricia Asirit in a Philippine Star report.
The American inventor, who made the incandescent light bulb viable for the mass market, also built the world's first electrical distribution system, in New York, using "direct current" electricity. DC's disadvantage was that it couldn't carry power beyond a few blocks. His Serbian-born rival Tesla, who at one stage worked with Edison, figured out how to send "alternating current" through transformers to enable it to step up the voltage for transmission over longer distances.
The Philippine Sun reports that the Land Bank of the Philippines (LBP) has said it will fund renewable energy projects like solar, wind, hydro and biomass.
Land Bank of the Philippines National Director Under National Director Tommy de Leon told Sun.Star that the LBP, together with other government financing institutions, is mandated under the Renewable Energy Act to fund renewable energy projects. On the other hand projects are yet forthcoming.
Dhaubadi, in remote Nepal has become the ADB's first 'renewable energy village',as the Times of India called it. Using money from the Asian Development Bank and in partnership with the local community and government, the pilot wind-solar hybrid power system brings power to the village. Other clean-tech solutions are being integrated into the pilot.
The development allows villagers to work at night by light, recharge mobile phones and even watch television, but its key is local participation.
China Southern Power Grid (CSG) and Better Place, a US provider of electric vehicle (EV) networks, opened China's first automated battery switching station for EVs at Guangzhou's Pearl River New Town earlier this week.
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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