Thailand to Assess Feasibility of New Energy Storage System

Thailand to Assess Feasibility of New Energy Storage System

The Provincial Electricity Authority (PEA) of Thailand will explore the feasibility of energy storage business models in collaboration with Nuovo Plus, a subsidiary of state-owned oil and gas company PTT Group. PEA, responsible for electricity provision in 74...
Sarawak Petchem Opens USD 1.5 Billion Methanol Facility

Sarawak Petchem Opens USD 1.5 Billion Methanol Facility

The inauguration of Sarawak Petchem Sdn Bhd’s USD 1.5 billion (MYR 7 billion) methanol complex represents a pivotal development for Malaysia, enhancing its status as a leading methanol producer in the Asia-Pacific (APAC) region. Located in Tanjung Kidurong, Bintulu,...
Norway to Pursue Hydropower and CCS Projects in Indonesia

Norway to Pursue Hydropower and CCS Projects in Indonesia

Norway aims to strengthen its partnership with Indonesia and explore investment opportunities in renewable energy, including hydropower and carbon capture and storage (CCS), according to the Norwegian Energy Minister. Norwegian companies are expected to bring their...
Samsung Electronics Leads the Shift to Renewable Energy in Vietnam

Samsung Electronics Leads the Shift to Renewable Energy in Vietnam

Samsung Electronics Co. has announced that its facilities in Vietnam would enhance their eco-friendly operations by purchasing renewable energy directly through the new Direct Power Purchase Agreement (DPPA) system introduced by the Vietnamese government. The...
Indonesia’s First EV Battery Plant Launched by Hyundai and LGES

Indonesia’s First EV Battery Plant Launched by Hyundai and LGES

On July 3rd, 2024, Hyundai Motor Group and LG Energy Solution (LGES) of South Korea opened Indonesia’s first battery cell production plant for electric vehicles. This facility has an annual capacity of 10 Gigawatt hours (GWh) of battery cells. Hyundai and LGES have...
Mitsubishi Explores Hydrogen Co-Firing for Thailand’s Gas Turbines

Mitsubishi Explores Hydrogen Co-Firing for Thailand’s Gas Turbines

Mitsubishi Heavy Industries (MHI) and the Electricity Generating Authority of Thailand (EGAT) have signed a memorandum of understanding (MoU) to investigate the integration of hydrogen co-firing technologies into Thailand’s gas turbine power generation facilities. The...