Scatec Expands Renewable Energy Investment in the Philippines

Scatec Expands Renewable Energy Investment in the Philippines

SN Aboitiz Power Group (SNAP), a joint venture between Norwegian renewable power producer Scatec and Philippine peer AboitizPower, has signed construction and financing agreements for the development of its 20-megawatt battery energy storage system (BESS) project at...
Vietnam to Consider Returning to Nuclear Energy

Vietnam to Consider Returning to Nuclear Energy

Experts say Vietnam should restart its nuclear energy program by 2030 in order to meet its commitment to attaining carbon neutrality by 2050. According to a former head of the Vietnam Institute of Energy, the net-zero carbon promise, which was made at the 2021 United...
Pertamina, Indonesia Seeks to Double its Geothermal Capacity

Pertamina, Indonesia Seeks to Double its Geothermal Capacity

PT Pertamina, Indonesia’s state-owned energy firm, plans to double its geothermal capacity from 700 MW by 2027-2028. The plan, which aims to lessen the country’s reliance on fossil fuels, will cost around USD 4 billion. The Indonesian government is eager...
Keppel O&M and Sembcorp Marine Decide to Merge

Keppel O&M and Sembcorp Marine Decide to Merge

On April 27 Keppel Corporation Limited (Keppel) and Sembcorp Marine Ltd (Sembcorp Marine) entered into definitive agreements for the proposed combination of Keppel Offshore & Marine Ltd (Keppel O&M) and Sembcorp Marine. This will also result in Keppel O&M...
ADB and Energy Absolute Sign Agreement for Electric Ferry Fleet

ADB and Energy Absolute Sign Agreement for Electric Ferry Fleet

The Asian Development Bank (ADB) and Energy Absolute, one of the largest renewable energy companies in Thailand, have signed a THB 160 million (USD 4.7 million) loan agreement to finance an electric ferry fleet for mass rapid transport in Bangkok—the first of its kind...
Thailand Moves to Liberalize LNG Market, Upgrades Infrastructure

Thailand Moves to Liberalize LNG Market, Upgrades Infrastructure

Thailand is seeking to secure more liquefied natural gas (LNG) as sanctions threaten supplies from Myanmar and a steep production fall is registered at the offshore Erawan field, which provides the lion’s share of the country’s gas needs. Thailand is...
Shizen Malaysia to Build One of the Largest Floating Solar Facilities in South East Asia

Malaysia’s Renewable Energy Target – 40% by 2035

Malaysia’s Energy and Natural Resources Ministry has doubled the country’s green energy or Renewable Energy (RE) generation target to 18,000 megawatts (MW) by 2035, up from the current 8,700 MW. The energy transition plan, which will last until 2040, aims for a 31% RE...