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Focus shifting from power generation to transmission

The government has shifted its focus from power generation to transmission and distribution as the sector is struggling with overcapacity even though consumers are yet to receive a credible supply of electricity. Because of the overcapacity, the country has to fork out a hefty amount to meet the cost of unutilised electricity. This prompted the government to allocate funds in

Rich List 2021: Andrew Forrest is turning his business towards a green energy future

Green bond seller investing in coal shows how tricky ESG can be

Green bond seller investing in coal shows how tricky ESG can be Canadian banks lean on capital markets with loan growth muted Gordon Reid s Top Picks: May 25, 2021 Tech leads gains in stocks as inflation fears ease Cathie Wood ditched Virgin Galactic stock right before it surged Greg Newman s Top Picks: May 21, 2021 Crypto hedge funds buy the dip in Bitcoin s week of reckoning Snoop Dogg-backed Oxford Cannabinoid fluctuates in debut Canada Pension sees emerging markets, U.S. credit gains Bruce Murray s Top Picks: May 20, 2021 $ASS Coin billionaire: Tales from the fringe of the crypto craze Techs lead U.S. equity rebound after jobs report

As banks shun coal, Vietnam emerges an unlikely solar champion

As banks shun coal, Vietnam emerges an unlikely solar champion Solar array atop Intel’s Vietnam assembly and test factory in Ho Chi Minh City. (Reference image by Intel Free Press, Wikimedia Commons). Nguyen Tuan was watching the sun shine down on his four-hectare cantaloupe farm in southern Vietnam when he realized it could do more than help his crops grow. The 46-year-old installed 40 solar panels on greenhouses at his farm 55 miles outside of Ho Chi Minh City. Thanks to generous subsidies from the national utility, he not only cut his power bill but now earns about two million dong ($87) a month selling excess electricity to the nation’s grid.

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