News

Sam Altman, OpenAI CEO, to address the massive power demands of data centers, has recently expanded into renewable energy, particularly focusing on solar power and energy storage, alongside investments in nuclear fusion technology.

Vietnam-based electric vehicle maker VinFast, which is deemed as Tesla's rival, is set to aquire a 99.8% stake in battery maker VinES from its founder Pham Nhat Vuong to ramp up its integration in the production value chain and competitive advantage.

Renewable developer Morrison & Co. has begun discussions with possible partners for a massive battery project in Indonesia aimed at weaning Singapore off natural gas.

Philippines' Energy Development Corporation (EDC), a renewable energy subsidiary of conglomerate Lopez Group, adds 3 geothermal sites to deploy battery energy storage system (BESS).

Singapore’s Vena Energy is aiming to start construction for its 2 GW solar and battery project in Indonesia’s Riau Islands by 2026, and is plans to supply electricity to Singapore before 2030.

An international research team has developed a new technology that accelerate the development of catalysts for lithium-CO2 batteries. These batteries are affordable devices capable of storing energy and capturing harmful emissions.

Two Chinese manufacturers of energy storage systems and batteries are considering investments worth hundreds of millions of dollars in Vietnam, according to industry and government sources.

Total Eren, Adaro Power and PJBI have signed a power purchase agreement (PPA) with PLN for a 70-MW wind farm equipped with a 10-MW battery energy storage system to be located in Tanah Laut in Indonesia.

Thailand’s Energy Regulatory Commission (ERC) has selected 175 companies for the first phase of its renewables scheme. It has attracted massive interest, receiving proposals with a combined capacity of almost 17GW, more than three times its 5.2GW target.

The Energy Information Administration (EIA) predicted that U.S. developers will install 54.5 GW of new electric generating capacity in 2023, with more than half coming from solar energy.