In a landmark move to increase the power generation capacity and make the Philippines less reliant on imported fuels, the country’s Department of Energy (DOE) has recently approved 100% foreign ownership of renewable energy projects. Before 2022 ended, the DOE...
Malaysia’s national upstream company Petronas Carigali has made a significant oil and gas discovery with its Nahara wildcat offshore Sarawak, East Malaysia. The shallow-water Nahara field is located on Block SK 306 in the Balingian province, around 150 kilometers off...
Pertamina Power Indonesia, Keppel Infrastructure, through Keppel New Energy, and Chevron Corporation, through Chevron New Energies International (Chevron New Energies), have signed a Joint Study Agreement (JSA) to explore the development of selected green hydrogen and...
A key thrust of the recently launched National Hydrogen Strategy strategy is for Singapore to experiment with advanced hydrogen technologies on the cusp of commercial readiness. To this end, the Energy Market Authority (EMA) and the Maritime and Port Authority of...
Under a new Just Energy Transition Partnership (JETP) signed in December 2022, developed countries will mobilize USD 15.5 billion in public and private finance over the following 3-5 years to assist Vietnam’s 2050 net zero goals. Rich countries, the Asian...
Fluence Energy, a leading American provider of energy storage products and services and cloud-based software for renewables and storage, and the Electricity Generating Authority of Thailand (EGAT) recently signed a memorandum of understanding to develop the...
On November 15th 2022, Indonesia signed a USD 20 billion agreement with international financial institutions and major nations to assist the country in increasing its utilization of clean energy and decreasing its dependency on coal. The agreements were a significant...
Since 2020, the Vietnamese government has been working on a plan to permit bilateral power purchase agreements (PPAs). A pilot scheme for renewable energy is expected to start in the first quarter of 2023. Vietnam’s Ministry of Industry and Trade (MoIT) hopes...
Scatec ASA, a leading renewable energy producer based in Norway, recently announced that it will be injecting billions of dollars of investments with a plan to build five wind energy projects in the Philippines. Furthermore, Scatec plans to invest a total of USD 946...
Shell PLC announced its second investment in Malaysia’s oil and gas sector within a month through its local unit, Sabah Shell Petroleum Co, in the phase 4 of the Gumusut-Kakap-Geronggong-Jagus East (GKGJE) deepwater offshore development project. Shell will be joining...
HydroWing, a UK-based tidal energy developer, has inked an agreement with Indonesia Power, a state-owned firm, to build tidal energy projects in Indonesia. The cooperation intends to advance the country’s tidal energy development by researching locations and...
Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries (MHI), has commenced operation of the fourth and final M701JAC unit at an ultra-large-scale natural gas-fired power plant in Chonburi Province, Thailand. The plant is owned by a joint venture of...
