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UL (Underwriters Laboratories), a leading solar product safety testing and certification organization, said focusing on photovoltaic product reliability and durability would be the key to further develop Asia-Pacific’s booming green energy industry.

The Philippine government plans to boost its renewable power generation capacity to roughly 15.3 million kilowatts by 2030, nearly three times as much as now.

Clean energy project developers are set to benefit from the $2bn a year the Asian Development Bank will commit to the industry from 2013, as it announces it will invest $60m to set up three venture capital funds.

New site devoted to covering Asia’s fast-moving sustainable business development Hong Kong. A new Internet portal, aimed at acting as a primary source for executives looking for news and views on the burgeoning sustainable business sector in the world’s fastest growing economic region, was launched today at www.CleanBiz.asia.

Southeast Asian countries are taking another look at renewable energy as they work to satisfy rising demand for electricity amid new concerns about nuclear power following the accident at the Fukushima Daiichi nuclear plant.