News
ASEAN
November 07, 2023
Sembcorp to invest 10.5 billion in renewables over next 5 years
Sinpapore’s Sembcorp Industries reveals its latest 5-year strategic plan on Monday. It will invest 10.5 billion SGD（7.8 billion USD）, about 75% of total investment, to support renewable energy.
November 07, 2023EVN: production cost still higher than price
EVN expects the cost of electricity production of 2023 is still higher than retail price by 9.3% although fuel prices lowered for the past few months.
November 07, 2023Malaysia aims to draw foreign investments in EV, carbon capture
Malaysia is seeking foreign investors in high-value industries such as electric vehicles (EVs), semiconductors and carbon capture, according to its trade and investment minister.
November 07, 2023Taiwanese investors pledge over P20B for green energy in Philippines
Philippine Economic Zone Authority said on Nov. 3 that it has secured P20.6 billion (US$365 million) worth of investment leads and pledges from Taiwanese investors for developing green energy and sustainable enterprises.
November 06, 2023Tuas Power, Marubeni seal 9 billion deal for solar power to Singapore
Singapore’s Tuas Power signed MOU with Marubeni Global Indonesia（MGI）to import a total of 600 MW green energy before 2027 which will be enough to power about 730,000 households.
November 06, 2023Gamuda to develop 187.5 MW hydroelectric power plant in Sabah via JV
Malaysian infrastructure giant Gamuda will establish a joint venture to develop a 187.5 MW hydroelectric power plant in Tenom through a private finance initiative, with the total project cost estimated to be around RM 4 billion.
November 03, 2023SK Group advances renewable energy push in Vietnam
South Korea’s SK Group will reinforce its partnership with the Vietnamese government to boost eco-friendly business in areas ranging from carbon capture to waste recycling, solar and wind power.
November 03, 2023Indonesia outlines emission roadmaps for $20 billion energy transition plan
Indonesia slashes its 2030 target for carbon emissions from the power sector and boost its renewable energy generation share in a draft roadmap released on Nov. 1 for $20 billion in financing from rich nations to wean off coal.
November 02, 2023Cambodia moves towards solar, wind for rising power demands
Cambodia’s Minister of Mines and Energy Keo Rottanak said the country is pivoting to planning a move towards solar and wind energy to meet its rising power needs.
November 02, 2023Gentari, AM Green team up for large-scale green ammonia production
Gentari, the clean energy division of Malaysia's Petronas, has partnered AM Green to jointly invest, in phases, into a green ammonia platform, AMG Ammonia.