energy

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.

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.

Lightrock, a London-based investment platform focusing on technology-enable companies, has launched its Accelerate7 fund, following the final close of a USD $500 million fund focused on businesses advancing United Nations Sustainable Development Goal 7 (UNSDG 7).

PT Danantara Investment Management (DIM), a sovereign wealth fund of Indonesia, has opened registration for companies seeking to become prospective investment partners in Indonesia’s Waste-to-Energy (WtE) infrastructure program.

Vietnam-based rooftop solar startup SmartSolar has closed a debt financing round, bringing its total funding to $3.15 million in combined equity and debt, as it expands financing solutions for small and medium-sized enterprises (SMEs)) facing rising electricity costs.

UK-headquartered Gresham House has signed an agreement to acquire Asia Clean Capital Vietnam Pte. Ltd. (ACCV), a Vietnamese commercial and industrial renewable energy developer.

VinEnergo, the energy arm of Vietnam's top conglomerate Vingroup, has secured development agreements for a 10 gigawatt (GW) overseas renewable energy portfolio spanning Denmark, Sweden and the Philippines.