Page 1 - AsiaElec Week 50 2021
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Issue 612 15•December•2021 Week 50
HSBC’s coal phase out
HSBC has announced ambitious plans to phase out the financing of coal-fired power and
thermal coal mining by 2030 in the EU and OECD markets and worldwide by 2040
China’s solar targets
China is at risk of failing to meet its solar capacity targets for 2020, as rising prices for raw
materials slow down new projects
ADB support
The ADB is to lend $600mn to Indonesia’s state-owned PLN to improve grid reliability
and resilience and to promotes renewables
