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RE Energy
March 26, 2025
Vingroup ventures into energy sector with proposal for renewable, LNG power plants
Vietnam's business giant Vingroup, globally known for its electric vehicles, is set to enter the energy sector, focusing on wind, solar, and liquefied natural gas (LNG) power plants. The total investment could reach up to $30 billion.
March 26, 2025Asia’s green steel race heats up as Japan, China, South Korea lead innovation
The steel sector is “hard-to-abate”, accounting for about 7% of global carbon emissions, which highlights the importance of low-carbon steel. Companies in Japan, South Korea, and China are actively working on research and development in this area.
March 24, 2025Low-carbon offices gain popularity in Indonesia despite market slowdown
Despite an oversupply of office buildings in Indonesia, demand for low-carbon offices remains strong. The occupancy rate for green office spaces jumped 73.4% in the second half of last year, with rental prices also increasing, according to a report.
March 19, 2025TECO acquires Malaysia's NCL Energy to enter Southeast Asia's data center MEP engineering market
TECO Electric & Machinery Co. held an acquisition signing ceremony today (19th) in Kuala Lumpur, Malaysia, with local MEP engineering company NCL Energy Sdn Bhd (hereinafter referred to as NCL).
March 18, 2025Singapore startup launches solar-powered electric boats with V2G technology
Singapore-based startup Pyxis launched solar-powered electric boats that help reduce costs for river cruise operators and feature Vehicle-to-Grid (V2G) technology to supply low-carbon power, advancing maritime decarbonization.
March 06, 2025Vietnam grants up to 12 years of fee exemptions for green energy projects
The Vietnamese government has introduced a new electricity decree, prioritizing the promotion of power generation projects using renewable energy sources such as solar and wind power, as well as energy storage systems.
March 06, 2025Chemical company BASF begins geothermal tests in bid to reduce gas consumption
Chemicals company BASF has started tests in the depths of the Upper Rhine Plain to explore the potential of using geothermal energy, business daily Handelsblatt reported.
March 05, 2025Can Southeast Asia shield its economy from Trump’s tariff war threat?
Since President Trump took office, he has imposed additional tariffs on many imported products, raising concerns in some Southeast Asian countries about the potential impact and prompting them to devise countermeasures.
February 25, 2025Vietnam to update Power Development Plan amid ambitious energy goals
Vietnam is expected to finalize the updated National Power Development Plan (PDP8) by the end of February. According to the draft, the country has significantly raised its electricity demand forecasts, energy imports, and renewable energy capacity. Solar
February 19, 2025TotalEnergies partners Air Liquide to expand green hydrogen production
TotalEnergies and Air Liquide announced on Feb. 18 that they will invest €600 million (about USD 627 million) to produce green hydrogen in the Netherlands using offshore wind energy.