Vietnam is accelerating its nuclear energy ambitions to complete the construction of two nuclear power plants in Ninh Thuan province by 2030. The Ninh Thuan nuclear power project consists of two plants, each housing two reactors. Electricity of Vietnam (EVN) has been...
Swedish thin-film solar panel manufacturer Midsummer has entered into a collaboration with Eco On, a leading Thai company specializing in solar rooftop and solar carport installations. This partnership follows Midsummer’s recent announcement of plans to explore the...
Saudi Arabia’s Aramco has signed an agreement to acquire a 25% stake in Unioil Petroleum Philippines, marking its entry into the growing downstream fuels market in the Philippines. The acquisition, subject to regulatory approvals, is part of Aramco’s global strategy...
China-based solar technology company Trinasolar has partnered with Singapore’s Nanyang Technological University (NTU) to develop artificial intelligence (AI)-driven tools aimed at improving energy storage applications. The collaboration seeks to enhance investment...
PacificLight Power is set to develop a USD 1 billion hydrogen-compatible natural gas power plant on Jurong Island in Singapore, slated to begin operations by 2029. With a capacity of at least 600 MW, this plant will be the largest and most efficient combined-cycle gas...
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,...
Mitsubishi Power, a power solutions brand under Mitsubishi Heavy Industries, has completed the 1.4GW Hin Kong natural gas-fired turbine combined cycle (GTCC) power plant in Thailand. The facility, equipped with two advanced M701JAC gas turbines, is a joint venture...
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...
Kuwait Foreign Petroleum Exploration Company (KUFPEC) has announced plans to invest up to USD 10 billion in Indonesia’s oil and gas sector. The Indonesian Ambassador to Kuwait disclosed the investment during a meeting with Commission XII of the Indonesian House...
Starting 2025, Vietnam Airlines will incorporate sustainable aviation fuel (SAF) on all flights departing from Europe, becoming the first Vietnamese carrier to implement this initiative. The SAF usage will begin at a minimum of 2% and is set to progressively increase...
The Emerging Africa & Asia Infrastructure Fund (EAAIF), managed by Ninety One and a part of the Private Infrastructure Development Group (PIDG), announced in January a USD 20 million investment in CME Solar. This funding will support the development of a pipeline...
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...
