The Asian Development Bank (ADB) and ACEN Corporation have signed a sustainability-linked loan of up to PHP 5.5 billion (USD 100 million) to boost solar energy capacity in the Philippines and support the country’s energy transition goals. The proceeds will fund ACEN’s...
Canadian Solar, headquartered in Guelph, Ontario, recently announced that it is establishing a 5 GW solar photovoltaic (PV) wafer production facility in Chonburi, Thailand. The company is building an advanced solar photovoltaic N-type wafer manufacturing plant with an...
Battery maker Svolt Energy just inaugurated its first battery pack production line at its Thailand plant. The pack is Svolt Energy’s LCTP battery pack with a capacity of 60 kWh, providing a CLTC range of up to 500 kilometres. The pack is based on lithium iron...
In December 2023, Vietnam granted an investment license to a consortium comprising Tokyo Gas, Kyuden International, and Truong Thanh Group for the construction of an LNG-fired power plant in the northern province of Thai Binh, with an estimated cost of around USD 2...
Sembcorp Industries (Sembcorp), a key player in Singapore’s energy sector, has announced its 2023-2028 strategic plan, reaffirming its commitment to transform its portfolio from brown to green and drive energy transition. In line with Sembcorp’s strategic...
Black & Veatch, a US company leader in critical infrastructure solutions, has recently undertaken a feasibility study for Augustus Global Investment (AGI), a Germany-based investment firm specializing in infrastructure and energy. The study focuses on the...
Electric utility company Senoko Energy recently announced the launch of SolarShare 2.0, the first-ever commercially available peer-to-peer grid-scale solar energy trading platform in Singapore. This comes after the positive reception of its prototype in 2020, with the...
Malaysia is set to expedite its shift towards renewable energy with an investment of USD 8 billion from Masdar, one of the world’s leading renewable energy companies based in Abu Dhabi. This strategic partnership is geared towards the development of up to 10...
The renowned Thai real estate and retail developer Siam Piwat Group has set new sustainability goals, aiming to power its operations with clean energy, advance its 360° waste management program, and contribute to the development of Pathumwan as a smart eco-district in...
Thai clean energy specialist Absolute Clean Energy Public Company Limited (ACE), has recently secured Power Purchase Agreements (PPAs) from Thailand’s Provincial Electricity Authority (PEA) for 15 ground-mounted solar energy projects. These projects have a combined...
Singapore-based TotalEnergies ENEOS has signed a 10-year agreement with Real Steel Corporation (RSC), a leading steel manufacturer, to provide a 16.8 megawatt-peak (MWp) solar rooftop photovoltaic (PV) system at its manufacturing facility in San Simon, Pampanga. This...
The Korean conglomerate SK Group recently invested USD 30 million in a Vietnamese startup fostering agency, while also expanding its collaboration with the Vietnamese government on eco-friendly ventures, spanning carbon capture, waste recycling, and the development of...
