News
RE Energy
February 17, 2024
Singapore, Indonesia sign LOI on cross-border carbon storage
Singapore has become the first country to sign a letter of intent (LOI) with Indonesia on cross-border collaboration on carbon capture and storage (CCS) following a new Indonesian law to allow it.
February 16, 2024Floating solar PV emerges as key driver for renewables development in Southeast Asia
Floating solar PV capacity is expected to play a key role in fulfilling Southeast Asia’s overall solar expansion, with countries like the Philippines, Indonesia, and Thailand well positioned to use their unique geographies to support the technology.
February 07, 2024CATL to build offshore wind farm and set up carbon asset subsidiary
CATL has received approval to construct its first offshore wind farm. Additionally, it has been discovered that the company has also established a carbon asset management company, signaling its commitment to a significant development in CCU technology.
February 07, 2024UMC Metals, New Energy Capital inked solar PPA to advance sustainability in Thailand
Thailand’s UMC Metals and Singapore-based New Energy Capital Asia have signed a power purchase agreement (PPA) for a 1.6 MWp solar project in Thailand featuring floating and ground-mounted solar installations.
February 06, 2024World’s largest solar power plant in Philippines expected to finish by 2026
The announcement of the constructing of what will be “the largest solar project in the world” has now come from the Philippine Islands. The solar park, called Terra Solar, will have 3,400 to 3,500 MW of solar panels and 4,000 MWh of battery storage.
February 05, 2024Philippines’ Upgrade Energy eyes 700 MW solar development by 2028
Filipino company Upgrade Energy Philippines (UGEP) is setting an ambitious goal of 700 MW for rooftop and ground-mounted solar installations across commercial and industrial (C&I) customers that it is planning to accomplish by 2028.
February 05, 2024Singapore’s venue operators go green amid growing consciousness
Event organizers and venue operators in Singapore are undergoing a green transition to attract participants with stronger environmental awareness. Coldplay's Music Of The Spheres World Tour is a notable example of this movement.
February 02, 2024Korean company keeps investing Vietnam including green product
Hyosung Group continues to expand its investments in Vietnam, recently venturing into low-carbon green products in Ba Ria-Vung Tau. The company is preparing to develop biodegradable fibers and Hydrotreated Vegetable Oils (HVO).
February 02, 2024Sarawak to sell green energy to Singapore in exchange for data center investments
Malaysia’s Sarawak state government is proposing to sell excess green energy to Singapore, and in return, Singapore will invest in data center projects, according to the state’s premier, Abang Johari Openg.
February 01, 2024Thailand, Germany looks to enhance green energy, EV investment
German President Frank-Walter Steinmeier visited Thailand from January 24th to 26th and met with Prime Minister Srettha Thavisin. Both sides pledged to strengthen trade cooperation and expand investment in clean energy and EV.