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BERLIN: Chancellor Angela Merkel has reached a deal in principle with Germany’s coal-producing states for Europe’s largest economy to begin phasing out the dirty fossil fuel.
PARIS: French solar farm developer Tenergie SAS and a financial partner are considering a capital spending increase and plan to buy clean power operators to help expand into the wind and hydro-power sectors as demand for cleaner energy continues to increase.
KUALA LUMPUR: Tenaga Nasional Bhd subsidiary Jimah East Power Sdn Bhd's (JEP) second of two coal-fired power plants started operations on Dec 27.
SINGAPORE: Standard Chartered has pulled financing for three coal-fired power plants in Southeast Asia amid a global push to cut greenhouse gas emissions, throwing into doubt projects worth an estimated $7 billion and piling pressure on the coal industry.
KUCHING: Hock Seng Lee Bhd (HSL) is hopeful of winning more construction jobs as the Sarawak government has approved huge allocation in 2020 state budget to accelerate infrastructure development statewide.
SINGAPORE: As the United Nations warns countries need to do more to stave off the worst impacts of climate change, the world’s biggest carbon emitter has little to offer in the way of stronger action
THE largest shareholder of Mudajaya Group Bhd, and the reason behind the surge in its share price of late, is in the midst of reviewing the group’s plans and its direction for the future.
SINGAPORE: state investor Temasek Holdings Pte will start reporting its air miles, water, paper and electricity usage from this financial year, according to Chief Executive Officer Ho Ching.
FRANKFURT: Germany is seeking to boost momentum behind using hydrogen as an alternative to natural gas, part of a broader effort to quicken the pace of emissions cuts.
SINGAPORE: Southeast Asia could become a net importer of fossil fuels in the next few years, raising the financial burden on governments and increasing carbon emissions in the region, the International Energy Agency (IEA) warned in a report.