On July 3rd, 2024, Hyundai Motor Group and LG Energy Solution (LGES) of South Korea opened Indonesia’s first battery cell production plant for electric vehicles. This facility has an annual capacity of 10 Gigawatt hours (GWh) of battery cells. Hyundai and LGES have...
Mitsubishi Heavy Industries (MHI) and the Electricity Generating Authority of Thailand (EGAT) have signed a memorandum of understanding (MoU) to investigate the integration of hydrogen co-firing technologies into Thailand’s gas turbine power generation facilities. The...
Australian firm Macquarie’s Green Investment Group, through its local unit Blueleaf Energy Philippines, is set to pour in USD 1.5 billion to develop massive floating solar power plants in Laguna province, south of Luzon. Partnering with NKS Energy Utilities and...
The Energy Market Authority (EMA) of Singapore has launched a second Request for Proposal (RFP) to address the country’s growing electricity demand. This RFP is part of EMA’s Centralised Process, which aims to ensure sufficient generation capacity and...
The International Gas Union’s latest annual LNG report indicates that Malaysia retained its position as the fifth largest exporter of liquefied natural gas (LNG) in 2023, following Russia, Qatar, Australia, and the US. Malaysia’s LNG exports reached 26.75...
BCG Energy has partnered with South Korea’s SK Ecoplant and Sudokwon Landfill Site Management Corp. (SLC) to collaborate on waste-to-energy solutions in Vietnam’s Long An and Kien Giang provinces,. Vietnam is struggling with a growing waste issue due to...
Vietnam Oil and Gas Group (Petrovietnam or PVN) has entered into multiple agreements with its partners to advance an integrated development project, which includes a gas field off Vietnam’s coast and a pipeline linking it to a nearby power plant. The partners...
The Foreign Affairs Minister of Indonesia and Finland’s Foreign Minister convened in Helsinki in June 2024 to explore enhancing bilateral collaboration, particularly focusing on green energy and smart cities. The Indonesian minister disclosed that private sector...
Sembcorp Industries (Sembcorp) has revealed that its wholly-owned subsidiary, PT Sembcorp Renewables Indonesia, has established a joint venture with PT PLN Nusantara Renewables, a subsidiary predominantly owned by PT PLN Nusantara Power. The partnership is focused on...
Erex, based in Tokyo, has entered into a Memorandum of Understanding (MOU) with Lao Cai Province of Vietnam to explore the development of new biomass power generation projects in the Tang Loong Industrial Area. The MOU was formalized during an exchange ceremony held...
Singapore is intensifying its focus on developing green data centers in response to the growing demand for artificial intelligence (AI), which significantly increases energy consumption. To support its digital economy goals, the city-state has unveiled a green data...
The Deputy Chief Executive Officer (DCEO) of the US International Development Finance Corporation (DFC) unveiled a fresh commitment of up to USD 126 million for PT Medco Cahaya Geothermal, an Indonesian power company. This investment aims to bolster Indonesia’s...
