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...
Singapore constructed Southeast Asia’s largest energy storage system on Jurong Island, which are referred to as giant batteries and can store a minimum of 200 megawatt-hour of energy. The system is actually container-like batteries that can store surplus energy from...
The Malaysian Government has rolled out the National Energy Policy 2022-2040 (NEP) with key goals of enhancing macroeconomic resilience and energy security, achieving social equitability and affordability, and ensuring environmental sustainability. NEP sets up a...
General Electric (GE) and the Electricity Generating Authority of Thailand (EGAT), the main electricity producer in the country, have announced the start of commercial operation of EGAT’s Bang Pakong Power Plant Block 1 and 2 in Bang Pakong, Chachoengsao Province,...
The Philippines is removing another barrier to attracting investments in renewable energy by raising the minimum renewable energy (RE) capacity in the power supply mix to 2.52%. Previously, the sourcing requirement was set at 1% for both investors and end-users. The...
Solar AI Technologies, a Singapore based tech-startup funded by global energy giant Engie Group, has recently announced that it will be launching Singapore’s first-ever Rent-To-Own (RTO) solar program. Primarily catered to landed homeowners in Singapore, the RTO solar...
The Vietnam Oil and Gas Group (Petrovietnam) recently announced that it has full capacity and advantages in future offshore wind power development and renewable energy projects. The assertion was made at a symposium on offshore wind power and hydrogen production....
Indonesia and Japan entered into a USD 138.2 million worth of palm kernel shells trade contract for Indonesia’s renewable energy requirements. The agreement was signed on September 28, 2022, during a meeting which was part of a series of trade missions referred to as...
In a joint press conference with US Secretary of State Antony Blinken and Philippines´ Foreign Affairs Secretary Enrique Manalo, the two parties agreed to further enhance opportunities to collaborate on marine resource management and clean energy, particularly...
