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...
Japanese EPC contractor Shizen Energy, through its local unit, Shizen Malaysia Sdn Bhd, is planning to build a 150 MW floating solar power plant in Durian Tunggam Dam, Melaka state. The firm is forming a consortium with Nusa Baiduri, the project owner to establish the...
Singapore’s sole piped town-gas provider, City Energy, is investing over SGD 100 million (USD 72 million) to develop the first electric vehicle (EV) charging service in Malaysia and Singapore. The EV service will be provided through its newly established subsidiary,...
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...
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...
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...
It has just been announced that Thai solar rooftop company SCG Solar Roof Solutions is partnering with US energy service provider Enphase Energy in a bid to power microinverter technology to become the first provider of solar systems in Thailand’s residential market....
Petronas, Malaysia’s national oil and gas conglomerate, aspires to be an energy superstore, as indicated by its recent collaboration with Honeywell on carbon-neutral energy solutions as well as the impending launches of its new energy transition entity and a carbon...
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...
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...
The Singapore Institute of Technology (SIT) has announced that the Singapore Power Group (SP) plans to invest up to an additional USD 6 million to enhance the microgrid it plans to build on SIT’s future Punggol Campus. This enhancement is almost double that of its...
Manila Electric Co. (Meralco) is allotting PHP 149.66 billion (USD 2.9 billion) for its capital expenditure (capex) program in the next four years. On a per year basis, Meralco has set a capex budget of PHP 37.53 billion (USD 718.9 million) for 2023; PHP 43.5 billion...
