News
Energy, Transport & Building
March 25, 2024
Thailand commits to accelerating green energy trading liberalization by year’s end
The direction of Thailand's "Direct Power Purchase Agreement" is set to become clearer. Chai Wacharonke, spokesperson for the Thai Prime Minister's Office, stated that Prime Minister instructed to expedite the policy to liberalize green energy trading in
March 22, 2024Indonesia to reassess geothermal potential to attract investment
Indonesia’s strategic location along the Pacific Ring of Fire endows it with approximately 40% of the global geothermal reserves. Despite having a geothermal generation capacity of around 24 GW, limited demand has hindered investment attraction. As a resu
March 22, 2024Mitsubishi, PTT to explore ammonia-fired power in Thailand
Thai state-owned oil and gas firm PTT and Japan’s Mitsubishi Heavy Industries Asia Pacific have started a collaborative pre-feasibility study into utilizing 100% ammonia in gas turbine power generation in Thailand.
March 21, 2024U.S. to fund $500 million in green exports to Vietnam
The U.S. has signed a $500 million deal to promote green exports to Vietnam, the source of the country's third-largest trade deficit and a quickly rising manufacturing alternative to China.
March 20, 2024Net zero city, smart city expos demonstrate Taiwan's green transformation strengths
The 2024 Smart City Expo and 2050 Net Zero City Expo kicked off in Taipei on March 19, showcasing smart city technologies in transportation, healthcare, construction, manufacturing, security, and net-zero emissions applications.
March 18, 2024Tesla's factory in Thailand hindered by industrial park size restrictions
The Thai government has reached out to Tesla, reportedly assisting in the search for a site for its factory. However, Thai media indicating that existing national or private industrial park sizes are too small to meet Tesla's requirements.
March 15, 2024Distributed energy source could provide 50% of green power in Southeast Asia: expert
Beyond large-scale projects like power plants, the development of renewable energy sources may find significant traction in rooftop solar and electric vehicles, potentially reshaping the market landscape. Experts suggest that with appropriate policies in
March 15, 2024EGAT’s 24 MW hydro-floating solar hybrid at Ubol Ratana Dam start operation
The Electricity Generating Authority of Thailand (EGAT) announced that the 24 MW hydro-floating solar hybrid project at Ubol Ratana Dam has commenced commercial operation.
March 15, 2024Singapore selects ExxonMobil, Shell for CCS project
Exxon Mobil and Shell have announced a collaboration with the Singaporean government to initiate a cross-border carbon capture and storage (CCS) project. The partnership aims to significantly dimmish Singapore's CO2 emissions.
March 14, 2024Finland's Wartsila Group plans to develop Vietnam's first flexible power plant
Vietnam's National Power Development Plan 8 places "flexible power resources" on the national energy structure for the first time. The market potential attracting investment from Finnish major developer, Wartsila.