Toyo Engineering Corporation (Tokyo) has entered into a Shareholder Agreement (SHA) with Pupuk Indonesia Holding Company (PIHC), a state-owned Indonesian fertilizer firm, and ITOCHU Corporation (Tokyo) to form a joint venture. The partnership aims to produce green...
Pengerang Energy Complex (PEC) has secured project financing of USD 3.5 billion from leading export credit agencies (ECA) and Islamic financing entities to develop a state-of-the-art low-carbon petrochemicals facility in Malaysia. The financing agreement was ratified...
Vietnam’s Power Engineering Consulting JSC 2 (PECC2) has entered into a collaboration with the US solar manufacturer First Solar to utilize the direct power purchase agreement (DPPA) mechanism and distribute photovoltaic (PV) modules. The memorandum of understanding...
The Asian Development Bank (ADB) and Gulf Renewable Energy Company Limited have entered into a USD 820 million loan agreement to finance a portfolio of 12 renewable energy projects in Thailand. This portfolio includes eight ground-mounted solar photovoltaic (PV)...
Linde, a globally renowned industrial gases and engineering company headquartered in Germany, has announced the commencement of its industrial gas supply to Freeport Indonesia. Freeport Indonesia, a major mining company in the country and a subsidiary of the...
The Philippines and South Korea have signed multiple Memoranda of Understanding (MOUs) to advance nuclear energy development in the Philippines. These agreements highlight collaborations aimed at enhancing energy security, diversifying the energy mix, and fostering...
PNE AG, a Germany-based leader in wind energy development, is actively seeking sustainable partners for the USD 4.6 billion Hon Trau offshore wind power project, located in Vietnam’s Binh Dinh province. During a recent meeting with Vietnam’s Deputy Minister of...
A consortium led by Malaysian property developer LBS Bina Group has awarded an MYR 104 million (USD 22 million) Engineering, Procurement, Construction, and Commissioning (EPCC) contract to Solarvest, a regional leader in clean energy solutions. The contract covers the...
Singapore is advancing its efforts to harness distributed energy resources (DERs) through a Consultation Paper and Call for Regulatory Sandbox Proposals, launched by the Energy Market Authority (EMA) in collaboration with SP Group. This initiative aims to explore the...
Thailand’s energy authorities are exploring options to increase solar power purchases from households as part of efforts to boost clean energy adoption and support rooftop solar installations. The National Energy Policy Administration Committee had previously approved...
The Singapore government has granted conditional approvals to import 1.4 gigawatts (GW) of low-carbon electricity from two major solar power projects in Indonesia, supporting Singapore’s clean energy goals. This initiative will be led by two consortia,...
In a significant development for the renewable energy sector, UK-based investment firm Actis has committed USD 600 million to the Philippines’ largest solar power project, Terra Solar. The project, a partnership with Manila Electric Company (Meralco) and Solar...
