Thailand’s TTCL to develop Myanmar LNG power facility
TTCL Public Co has signed a power purchase agreement with Electric Power Generation Enterprise (EPGE), a state-owned enterprise under the Myanmar Ministry of Electricity and Energy (MOEE), for a liquefied natural gas-to-power project in the Yangon region.
Thailand’s PTT, Partners in Blockchain-Based Renewable Energy System
BANGKOK – Thailand’s state-owned energy company, PTT, has partnered with the nonprofit Energy Web Foundation to create a new blockchain-based renewable energy system. Their goal is to develop a regional energy solution that’s compliant with the International Renewable Energy Certificates Standard (I-REC). Which provides certificates to companies verifying that their green energy is legitimate and derived from a reliable and […]
The need for renewable energy cooperation
In October, the United Nations (UN) released a report which highlighted that the world could be on the brink of a climate change disaster if immediate measures are not taken. Leading scientists behind the report have said that the world only has 12 years to keep global warming at a maximum of 1.5 degrees Celsius […]
The Palm Oil Conundrum in EU-ASEAN Relations
With new regulatory changes now taking place on the basis of the EU’s Renewable Energy Directive (RED) II of 2018, Indonesia and Malaysia are trying to come to terms with the implications for their global palm oil market strategy and domestic production. They are mobilizing intra-regional support from ASEAN and its members and even considering bringing […]
The Philippines approve Tokyo Gas’s LNG terminal project
Japan’s Tokyo Gas and the Philippines utility First Gen have received approval to build a $10 billion LNG receiving terminal in the island nation, Kallanish Energy learns. The facility will be located in First Gen’s LNG complex in Batangas Province, south of Manila. It is the first time the Japanese gas company is investing in infrastructure […]
The Strategic Significance of Vietnam-US Oil and Gas Cooperation
As a fast-growing economy, Vietnam’s demand for energy is projected to increase by between 8.5 and 9.5 percent annually over the next five years. Together with the need to reduce its dependence on coal-fired power plants, this has led Vietnam to explore alternative energy sources. In addition to investing in renewable energy, Vietnam is also seeking […]
Tie-ups with Korean auto sector sought
SEOUL: The soon-to-be launched National Automotive Policy (NAP) 2019 will open up opportunities for local players to further explore cooperation with the South Korean automotive sector. Prime Minister Tun Dr Mahathir Mohamad said he was impressed with the advancements made by the South Korean automotive sector and would like it to consider investing more in […]
TNB inks energy wheeling agreement
Tenaga Nasional Bhd (TNB) has inked an energy wheeling agreement for the sale, transmission and purchase of electrical energy from Laos to Singapore through Thailand and Malaysia.
TNB inks US$3bil coal import deal with Indonesia
MELAKA: Tenaga Nasional Bhd (TNB) has inked a coal import agreement with Indonesia’s coal exporters, involving imports worth US$3 billion (US$1=RM4.37) for three years.
TNB shares slip despite renewable energy deal in India
PETALING JAYA: (TNB) shares slipped 0.1% to RM13.54 despite entering into a partnership to grow its renewable energy (RE) portfolio. Tenaga Nasional (TNB) had entered into an agreement to subscribe to a compulsorily convertible debenture (CCD) issued by India’s GMR Bajoli Holi Hydropower Pte Ltd (GBHH) for 2.26 billion Indian rupees (RM133.2mil). The proposed investment […]