UAE’s Masdar Invests USD 15 Billion in Philippine Renewable Energy

UAE’s Masdar Invests USD 15 Billion in Philippine Renewable Energy

Emirati state-owned energy company Masdar has committed to investing USD 15 billion in the Philippines’ renewable energy sector, following the signing of an Implementation Agreement with the Department of Energy (DOE). The agreement, signed in Abu Dhabi on January 15,...
Thailand Starts Sustainable Jet Fuel Production

Thailand Starts Sustainable Jet Fuel Production

PTT Global Chemical (PTTGC) has commenced production of sustainable aviation fuel (SAF) in Thailand for the first time. The initial phase targets an annual output of six million litres (37,738 barrels), with plans to expand production to 24 million litres per year in...
Malaysian Energy Firm Yinson Raises USD 1 Billion

Malaysian Energy Firm Yinson Raises USD 1 Billion

Yinson Holdings, a Malaysian energy infrastructure company, has secured a significant USD 1 billion funding round for its subsidiary, Yinson Production, which specializes in equipment for the offshore oil and gas industry. The investment comes from a consortium of...
JTC Appoints Consortium to Build Smart Grid in Punggol

JTC Appoints Consortium to Build Smart Grid in Punggol

JTC Corporation, a government agency under Singapore’s Ministry of Trade and Industry, has appointed a consortium comprising Univers, a global decarbonization software firm, and PacificLight Power, a Singapore-based power generator, to develop Singapore’s first...