Asia climate deals: Vietnam group launches e-taxi fleet in Jakarta

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Asia climate deals: Vietnam group launches e-taxi fleet in Jakarta

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$1.4 billion nickel deal in Indonesia

Chinese battery maker GEM and mining company PT Vale Indonesia contract to process a key component of battery energy storage systems. Mining Technology 

Philippines breaks ground on 3.5 GW solar and battery storage project

Terra Solar is developing the $4 billion project with global infrastructure company Actis and engineering services from Energy China. Enerdata

Vietnam group launches e-taxi fleet in Jakarta

Global and Smart Mobility (GSM), a subsidiary of Vingoup, deployed 1,000 vehicles with plans to expand to 10,000 in 2025. Vingroup is also  in talks for a $1.2 billion EV charging deal in Indonesia. Recessary

Japan’s Inpex to expand Indonesian geothermal power

The Japanese energy giant, in partnership with Indonesia state-owned PLN, seeks to double geothermal generation capacity to 170 megawatts. Recessary

Bangladesh secures $900 million climate financing 

Two new agreements with the World Bank will provide funding for climate resiliency and transition projects. World Bank 

Cash infusion for Tajikistan’s Rogun hydropower plant

The Asian Infrastructure Investment Bank approves $270 million for project development, which is co-financed with the World Bank. AIIB

Featured photo: E-taxis in Jakarta. Source: Green and Smart Mobility

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Kari Huus

Kari Huus is a writer and editor based in Seattle. She was a staff reporter for MSNBC.com from 1996-2014, with stints covering international business, foreign policy, and national affairs. Earlier, she reported on China for the Far Eastern Economic Review in Hong Kong, and Newsweek in Beijing. From 2015 to 2020, she was managing editor for the website Money Talks News.