Energy

Clifford Capital, a Singapore-headquartered global infrastructure credit platform, announced Monday that the Energy Transition Acceleration Finance Partnership (ETAF) has secured $345 million in aggregate commitments, including the $250 million first close announced by the Monetary Authority of Singapore (MAS).

ICG, the global alternative asset manager, announced Wednesday that its Asia-Pacific Infrastructure strategy (ICG APAC Infra) has entered into a strategic partnership with Hanwha Energy Corporation Japan (HECJ) to collaborate on energy transition and infrastructure opportunities in Japan.

Malaysia and China have agreed to deepen cooperation in science, technology and innovation (STI), with both countries expanding collaboration in emerging technologies such as artificial intelligence, biotechnology, renewable energy and advanced materials.

The Philippines' SunAsia Energy and Vietnam's VinEnergo will jointly develop a 422-MWp solar on water portfolio across Pampanga and Negros Occidental in the Philippines, representing an estimated investment of $406 million.

I Squared Capital, a global infrastructure investor, has on Tuesday announced plans to form a strategic partnership with the U.S. International Development Finance Corporation (DFC) to establish a new $3 billion investment platform focused on developing critical energy infrastructure in South and Southeast Asia.

Taiwan's Foxconn and global investment firm Brookfield will jointly develop up to 1 GW of utility-scale wind, solar, and battery capacity in Vietnam, underpinned by long-term power purchase agreements, to support Foxconn's operations and supply chain in the country.

Google, AirTrunk, and European Energy Australia will soon connect the 25-megawatt Mulwala Solar Farm in the Riverina district of New South Wales, Australia to the National Electricity Market of the country.

HSBC has launched a dedicated credit facility of $4 billion for mainland China companies in the clean energy and low-carbon sectors, with Vietnam identified as a key destination for the initiative.

Amazon Web Services (AWS) has signed its first carbon-free energy agreement in Malaysia with Elphil Energy, an affiliate of Asiabina Group, for a 23-megawatt solar project in Sungai Siput, Perak.

Malaysia's utility firm Tenaga Nasional Berhad (TNB) said Thursday it will continue to focus on strengthening grid resilience, expanding renewable energy capacity, advancing regional energy connectivity and enabling the growth of new industries, including the digital and artificial intelligence (AI)-driven economy.